Shrier Wealth Management LLC Invests $4.27 Million in Williams Companies, Inc. (The) $WMB

Shrier Wealth Management LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 71,092 shares of the pipeline company’s stock, valued at approximately $4,273,000. Williams Companies comprises 1.7% of Shrier Wealth Management LLC’s holdings, making the stock its 13th largest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of WMB. Wellington Management Group LLP raised its holdings in Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Williams Companies by 1.1% during the 3rd quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock worth $923,383,000 after purchasing an additional 158,077 shares during the last quarter. BROOKFIELD Corp ON boosted its holdings in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares during the last quarter. Amundi grew its position in shares of Williams Companies by 5.3% in the third quarter. Amundi now owns 9,600,016 shares of the pipeline company’s stock valued at $610,369,000 after purchasing an additional 481,082 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Williams Companies by 30.4% in the third quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock valued at $574,856,000 after purchasing an additional 2,116,526 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

WMB stock opened at $72.73 on Wednesday. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $76.87. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The stock has a market cap of $88.85 billion, a price-to-earnings ratio of 33.99, a price-to-earnings-growth ratio of 1.25 and a beta of 0.63. The business has a fifty day moving average of $71.36 and a two-hundred day moving average of $64.37.

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 for the quarter, compared to analysts’ expectations of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same quarter in the prior year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, research analysts anticipate 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 was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend was Friday, March 13th. Williams Companies’s payout ratio is 98.13%.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $75.24, for a total transaction of $150,480.00. Following the completion of the transaction, the senior vice president owned 291,159 shares of the company’s stock, valued at approximately $21,906,803.16. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the sale, the senior vice president owned 31,766 shares of the company’s stock, valued at $2,323,682.90. This trade represents a 8.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 51,369 shares of company stock valued at $3,769,012 in the last ninety days. Insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on WMB. Morgan Stanley lifted their price objective on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Wells Fargo & Company raised their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Friday. Finally, Royal Bank Of Canada upped their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a report on Wednesday, February 11th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.00.

Williams Companies Company 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.