Williams Companies, Inc. (The) $WMB Shares Sold by HORAN Wealth LLC

HORAN Wealth LLC cut its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 49.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 97,953 shares of the pipeline company’s stock after selling 96,465 shares during the quarter. Williams Companies accounts for approximately 0.9% of HORAN Wealth LLC’s holdings, making the stock its 21st largest position. HORAN Wealth LLC’s holdings in Williams Companies were worth $7,282,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of the company. Main Street Group LTD purchased a new stake in Williams Companies in the 1st quarter worth approximately $26,000. Motiv8 Investments LLC purchased a new position in shares of Williams Companies during the 4th quarter worth $27,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies during the 2nd quarter worth $28,000. Bayforest Capital Ltd acquired a new stake in shares of Williams Companies during the second quarter worth $28,000. Finally, Clearstead Trust LLC boosted its holdings in shares of Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 186 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 related news, SVP Terrance Wilson sold 13,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders have sold 19,000 shares of company stock worth $1,414,050. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Williams Companies stock opened at $74.17 on Monday. The company has a market cap of $90.72 billion, a price-to-earnings ratio of 29.55, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The stock’s 50-day moving average is $73.30 and its 200-day moving average is $73.50.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter in the previous year, the business earned $0.46 EPS. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid 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 of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

Wall Street Analyst Weigh In

WMB has been the subject of several analyst reports. Scotiabank upped their target price on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. UBS Group restated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Truist Financial upped their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Wells Fargo & Company raised their target price on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $85.60.

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.