Meeder Asset Management Inc. Acquires 56,594 Shares of Williams Companies, Inc. (The) $WMB

Meeder Asset Management Inc. boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 11,296.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 57,095 shares of the pipeline company’s stock after buying an additional 56,594 shares during the quarter. Meeder Asset Management Inc.’s holdings in Williams Companies were worth $4,155,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Brighton Jones LLC lifted its stake in shares of 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 last quarter. Sivia Capital Partners LLC boosted its position in Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in Williams Companies by 2.1% in the second 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 purchasing an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC raised its holdings in Williams Companies by 3.0% in the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares in the last quarter. Finally, Ieq Capital LLC raised its holdings in Williams Companies by 160.1% in the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after purchasing an additional 101,574 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the sale, the senior vice president directly owned 283,159 shares in the company, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 in the company, valued at $14,815,254.79. This trade represents a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 68,500 shares of company stock worth $5,182,655 in the last quarter. 0.47% of the stock is currently owned by company insiders.

Williams Companies Trading Down 0.0%

Williams Companies stock opened at $73.34 on Monday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The stock has a market cap of $89.60 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 1.80 and a beta of 0.57. The stock has a 50-day moving average of $74.37 and a two-hundred day moving average of $71.40. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07.

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

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s payout ratio is currently 92.11%.

Analysts Set New Price Targets

A number of analysts have recently weighed in on WMB shares. Royal Bank Of Canada raised their price target on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Scotiabank boosted their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Citigroup increased their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Saturday. Finally, UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $83.56.

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.