Tobam Buys 8,363 Shares of Williams Companies, Inc. (The) $WMB

Tobam increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 687.7% in the 4th quarter, Holdings Channel reports. The firm owned 9,579 shares of the pipeline company’s stock after purchasing an additional 8,363 shares during the period. Tobam’s holdings in Williams Companies were worth $576,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Towne Trust Company N.A raised its position in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares during the period. Motiv8 Investments LLC bought a new stake in shares of Williams Companies during the 4th quarter worth $27,000. Clearstead Trust LLC grew its stake in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new position in Williams Companies in the 4th quarter valued at $29,000. Finally, WHI TRUST Co LLC bought a new position in Williams Companies in the 4th quarter worth $30,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

NYSE:WMB opened at $73.16 on Friday. 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 company has a fifty day moving average price of $73.37 and a 200 day moving average price of $69.27. The stock has a market cap of $89.37 billion, a P/E ratio of 32.09, a PEG ratio of 1.78 and a beta of 0.58.

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

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is 92.11%.

Analyst Ratings Changes

A number of research analysts have weighed in on WMB shares. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. Wells Fargo & Company lifted their price objective on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Finally, The Goldman Sachs Group upgraded Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research note on Monday, April 20th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Williams Companies has an average rating of “Buy” and a consensus price target of $82.40.

Insider Transactions at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the transaction, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the completion of the transaction, 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. The disclosure for this sale is available in the SEC filing. Insiders sold 68,500 shares of company stock valued at $5,177,835 in the last ninety days. 0.47% of the stock is owned by corporate insiders.

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.