Sierra Summit Advisors LLC Purchases 9,330 Shares of Williams Companies, Inc. (The) $WMB

Sierra Summit Advisors LLC boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 38.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 33,696 shares of the pipeline company’s stock after acquiring an additional 9,330 shares during the period. Sierra Summit Advisors LLC’s holdings in Williams Companies were worth $2,135,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Brighton Jones LLC lifted its position in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after buying an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares during the period. Keybank National Association OH lifted its holdings in Williams Companies by 6.7% during the 2nd quarter. Keybank National Association OH now owns 32,716 shares of the pipeline company’s stock valued at $2,055,000 after purchasing an additional 2,050 shares during the last quarter. Assetmark Inc. boosted its position in Williams Companies by 4.8% during the second quarter. Assetmark Inc. now owns 46,225 shares of the pipeline company’s stock worth $2,903,000 after purchasing an additional 2,109 shares during the period. Finally, Savvy Advisors Inc. increased its holdings in shares of Williams Companies by 142.0% in the second quarter. Savvy Advisors Inc. now owns 12,272 shares of the pipeline company’s stock valued at $771,000 after purchasing an additional 7,200 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 27,000 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00. Following the transaction, the senior vice president directly owned 293,159 shares of the company’s stock, valued at $21,377,154.28. This trade represents a 8.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction that occurred 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 sale, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This trade represents a 36.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 41,107 shares of company stock worth $2,982,535. 0.44% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently issued reports on WMB. Scotiabank upgraded shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their target price for the stock from $66.00 to $84.00 in a research note on Friday, February 13th. Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. BMO Capital Markets reduced their price objective on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a report on Wednesday, November 5th. UBS Group increased their target price on Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Finally, Stifel Nicolaus lifted their price target on Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $75.36.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $74.75 on Friday. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $75.59. The company’s 50 day moving average price is $65.35 and its two-hundred day moving average price is $61.81. The firm has a market cap of $91.31 billion, a PE ratio of 34.93, a PEG ratio of 1.33 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The business had revenue of $3.20 billion during the quarter, compared to analyst estimates 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 in the previous year, the firm posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

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

About Williams Companies

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.