Centaurus Financial Inc. Makes New $869,000 Investment in Williams Companies, Inc. (The) $WMB

Centaurus Financial Inc. acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,691 shares of the pipeline company’s stock, valued at approximately $869,000.

A number of other hedge funds also recently made changes to their positions in WMB. Main Street Group LTD acquired a new stake in Williams Companies during the 1st quarter valued at $26,000. Allied Private Wealth LLC acquired a new position in shares of Williams Companies in the second quarter valued at $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies in the second quarter valued at $28,000. Frazier Financial Advisors LLC raised its position in shares of Williams Companies by 59.4% in the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 155 shares during the period. Finally, Motiv8 Investments LLC acquired a new stake in shares of Williams Companies during the 4th quarter worth about $27,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling 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 transaction of $973,310.00. Following the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $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 can be accessed through this hyperlink. In the last ninety days, insiders sold 17,000 shares of company stock worth $1,262,930. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

NYSE WMB opened at $73.75 on Friday. The firm has a 50-day moving average price of $73.46 and a two-hundred day moving average price of $73.33. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07. The company 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 0.58. 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 released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts anticipate that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders 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 dividend yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio is presently 83.67%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Canadian Imperial Bank of Commerce raised their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Scotiabank upped their target price on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Finally, Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Three 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $85.60.

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.