Verition Fund Management LLC Has $22.63 Million Stock Position in Williams Companies, Inc. (The) $WMB

Verition Fund Management LLC lessened its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 29.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 376,441 shares of the pipeline company’s stock after selling 153,928 shares during the period. Verition Fund Management LLC’s holdings in Williams Companies were worth $22,628,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings 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 purchasing an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC boosted its position in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina grew its holdings in Williams Companies by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after buying an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC grew its holdings in Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC raised its position in Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on WMB. Truist Financial began coverage on shares of Williams Companies in a report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price objective on the stock. TD Cowen increased their target price on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Canadian Imperial Bank of Commerce increased their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Jefferies Financial Group lifted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Finally, Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $82.40.

Williams Companies Stock Down 0.2%

Williams Companies stock opened at $71.92 on Monday. The firm has a 50 day moving average price of $73.44 and a 200-day moving average price of $68.92. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07. The company has a market capitalization of $87.86 billion, a P/E ratio of 31.54, a P/E/G ratio of 1.76 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the business earned $0.60 earnings per share. Williams Companies’s revenue for the quarter was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts predict that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th 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 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio is currently 92.11%.

Insider Transactions at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the completion of the transaction, the chief financial officer owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $76.35, for a total value of $152,700.00. Following the completion of the sale, the senior vice president directly owned 287,159 shares of the company’s stock, valued at approximately $21,924,589.65. This trade represents a 0.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,500 shares of company stock worth $5,177,835 over the last quarter. 0.47% of the stock is currently owned by corporate insiders.

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.