Williams Companies, Inc. (The) $WMB Shares Sold by TD Asset Management Inc

TD Asset Management Inc lessened its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 3.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 691,796 shares of the pipeline company’s stock after selling 24,375 shares during the quarter. TD Asset Management Inc’s holdings in Williams Companies were worth $43,825,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Affinity Investment Advisors LLC boosted its holdings in Williams Companies by 8.0% in the third quarter. Affinity Investment Advisors LLC now owns 5,490 shares of the pipeline company’s stock valued at $348,000 after acquiring an additional 408 shares during the last quarter. Mount Lucas Management LP increased its stake in Williams Companies by 3.6% during the third quarter. Mount Lucas Management LP now owns 25,587 shares of the pipeline company’s stock worth $1,621,000 after acquiring an additional 900 shares during the last quarter. Colonial Trust Co SC raised its holdings in shares of Williams Companies by 120.4% in the 3rd quarter. Colonial Trust Co SC now owns 22,939 shares of the pipeline company’s stock worth $1,453,000 after purchasing an additional 12,532 shares during the period. Mufg Securities Americas Inc. lifted its stake in shares of Williams Companies by 21.7% in the 3rd quarter. Mufg Securities Americas Inc. now owns 32,931 shares of the pipeline company’s stock valued at $2,086,000 after purchasing an additional 5,870 shares in the last quarter. Finally, AXQ Capital LP purchased a new stake in shares of Williams Companies during the 3rd quarter worth about $1,050,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of research reports. BMO Capital Markets cut their target price on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Wells Fargo & Company increased their target price on Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. TD Cowen increased their price objective on shares of Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Finally, Jefferies Financial Group boosted their target price on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and a consensus price target of $75.36.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the sale, the senior vice president directly owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. This represents a 8.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the transaction, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This represents a 36.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 41,107 shares of company stock worth $2,982,535 in the last 90 days. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Down 0.0%

Shares of NYSE:WMB opened at $74.75 on Friday. The firm has a market cap of $91.31 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 1.33 and a beta of 0.65. The company has a fifty day simple moving average of $65.35 and a 200 day simple moving average of $61.78. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $75.59.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. During the same quarter last year, the company earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. Williams Companies’s payout ratio is 93.46%.

Williams Companies Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.