HORAN Wealth LLC Grows Position in Williams Companies, Inc. (The) $WMB

HORAN Wealth LLC grew its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 100.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 194,418 shares of the pipeline company’s stock after buying an additional 97,625 shares during the period. Williams Companies accounts for approximately 1.3% of HORAN Wealth LLC’s holdings, making the stock its 15th biggest position. HORAN Wealth LLC’s holdings in Williams Companies were worth $13,978,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in WMB. Vanguard Group Inc. boosted its holdings in Williams Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after acquiring an additional 883,245 shares in the last quarter. State Street Corp grew its position in Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after purchasing an additional 1,296,991 shares during the last quarter. Bank of America Corp DE grew its position in Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares during the last quarter. Morgan Stanley increased its stake in Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares in the last quarter. Finally, Clearbridge Investments LLC raised its holdings in Williams Companies by 21.3% in the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after buying an additional 3,748,126 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of WMB opened at $74.16 on Tuesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The firm has a market capitalization of $90.59 billion, a P/E ratio of 32.52, a PEG ratio of 1.80 and a beta of 0.57. The business has a fifty day moving average of $74.37 and a 200 day moving average of $71.50.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.Williams Companies’s revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts anticipate that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio is currently 92.11%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock valued at $5,182,655 over the last three months. Insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group cut their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Morgan Stanley boosted their price objective on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. TD Cowen boosted their price target on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Royal Bank Of Canada increased their price objective on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $83.56.

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.