Diversify Advisory Services LLC Buys New Position in Williams Companies, Inc. (The) $WMB

Diversify Advisory Services LLC purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 49,777 shares of the pipeline company’s stock, valued at approximately $3,524,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Apella Capital LLC raised its position in shares of 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 during the last quarter. Mirador Capital Partners LP boosted its position in Williams Companies by 0.9% during the second 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 during the last quarter. Aletheian Wealth Advisors LLC boosted its position in Williams Companies by 3.8% during the second 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 grew its stake in Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after acquiring an additional 141 shares during the period. Finally, Eagle Bay Advisors LLC grew its stake in Williams Companies by 5.2% in the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock worth $222,000 after acquiring an additional 148 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

NYSE:WMB opened at $75.25 on Wednesday. The company has a market cap of $92.05 billion, a P/E ratio of 29.98, a P/E/G ratio of 1.58 and a beta of 0.59. The firm’s 50 day moving average is $73.38 and its two-hundred day moving average is $73.07. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given 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 83.67%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction dated Friday, August 14th. The stock was 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 in the company, valued at $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 17,000 shares of company stock worth $1,262,930 over the last ninety days. 0.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on WMB shares. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Jefferies Financial Group lowered their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Finally, Wells Fargo & Company raised their price target on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Three equities 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. According to data from MarketBeat.com, Williams Companies currently has a consensus 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.