DNB Asset Management AS Trims Holdings in Williams Companies, Inc. (The) $WMB

DNB Asset Management AS lowered its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 5.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 362,842 shares of the pipeline company’s stock after selling 19,302 shares during the quarter. DNB Asset Management AS’s holdings in Williams Companies were worth $22,986,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. lifted its position in Williams Companies by 3.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock valued at $287,644,000 after purchasing an additional 134,777 shares during the last quarter. World Investment Advisors grew its position in Williams Companies by 185.6% in the 3rd quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock worth $2,728,000 after purchasing an additional 27,987 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of Williams Companies by 9.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock valued at $11,664,000 after purchasing an additional 16,027 shares during the period. Compass Wealth Management LLC raised its holdings in shares of Williams Companies by 75.9% during the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock valued at $7,937,000 after buying an additional 54,057 shares during the last quarter. Finally, Atlantic Union Bankshares Corp raised its holdings in shares of Williams Companies by 3,344.8% during the third quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock valued at $1,106,000 after buying an additional 16,958 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In related news, CAO Mary A. Hausman sold 10,107 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total transaction of $757,115.37. Following the completion of the sale, the chief accounting officer directly owned 17,230 shares in the company, valued at approximately $1,290,699.30. This trade represents a 36.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies 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 completion of the transaction, the senior vice president owned 293,159 shares in the company, valued at approximately $21,377,154.28. This trade represents a 8.43% 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 valued at $2,982,535. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WMB shares. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. BMO Capital Markets reduced their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Monday, December 29th. TD Cowen raised their price target on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Scotiabank raised shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the stock from $66.00 to $84.00 in a report on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $75.36.

Williams Companies Trading Down 0.0%

Shares of Williams Companies stock opened at $74.75 on Friday. The business has a fifty day simple moving average of $65.35 and a 200-day simple moving average of $61.78. Williams Companies, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $75.59. The firm has a market cap of $91.31 billion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth 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 issued its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the firm posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a $0.525 dividend. 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 an increase from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s payout ratio is presently 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.