Benjamin Edwards Inc. Has $9.31 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Benjamin Edwards Inc. decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 5.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 125,178 shares of the pipeline company’s stock after selling 7,814 shares during the quarter. Benjamin Edwards Inc.’s holdings in Williams Companies were worth $9,306,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Apella Capital LLC boosted its position in Williams Companies by 2.3% in the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock valued at $450,000 after buying an additional 134 shares in the last quarter. Mirador Capital Partners LP boosted its holdings in shares of Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock worth $1,201,000 after acquiring an additional 140 shares in the last quarter. Aletheian Wealth Advisors LLC grew its position in Williams Companies by 3.8% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock worth $285,000 after acquiring an additional 140 shares during the last quarter. Mill Creek Capital Advisors LLC increased its holdings in Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after purchasing an additional 141 shares in the last quarter. Finally, Eagle Bay Advisors LLC increased its holdings in Williams Companies by 5.2% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock valued at $222,000 after purchasing an additional 148 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 17,000 shares of company stock worth $1,262,930. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $73.75 on Monday. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The stock has a market capitalization of $90.21 billion, a P/E ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.59. The business has a 50-day moving average price of $73.46 and a two-hundred day moving average price of $73.37.

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, meeting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have commented on WMB. Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Scotiabank lifted their price target on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a report on Tuesday, May 12th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Stifel Nicolaus raised their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley boosted their target price on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $85.60.

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.