SG Americas Securities LLC Decreases Position in Williams Companies, Inc. (The) $WMB

SG Americas Securities LLC decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 82.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 653,849 shares of the pipeline company’s stock after selling 3,050,890 shares during the quarter. SG Americas Securities LLC’s holdings in Williams Companies were worth $47,587,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Brighton Jones LLC increased its holdings in Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the period. Sivia Capital Partners LLC boosted its stake in shares of Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares during the period. Main Street Financial Solutions LLC grew its position in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC grew its position in shares of Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after buying an additional 101,574 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In other news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares in the company, valued at approximately $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 68,500 shares of company stock worth $5,177,835 over the last three months. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $74.95 on Tuesday. The firm’s fifty day simple moving average is $73.41 and its 200-day simple moving average is $69.43. The stock has a market capitalization of $91.55 billion, a price-to-earnings ratio of 32.87, a PEG ratio of 1.78 and a beta of 0.58. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. 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 (NYSE:WMB) last released its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. Williams Companies’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts forecast that Williams Companies, Inc. will post 2.44 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, June 29th. Stockholders of record on Friday, June 12th 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 of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio is presently 92.11%.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on WMB. Citigroup raised their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Canadian Imperial Bank of Commerce boosted their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Jefferies Financial Group increased their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, April 10th. UBS Group raised their price objective on shares of Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research report 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $82.40.

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.