Jackson Wealth Management LLC Has $476,000 Stock Holdings in Williams Companies, Inc. (The) $WMB

Key Points

• Jackson Wealth Management cut its Williams Companies stake by 92.4% in the second quarter, selling 77,475 shares and retaining 6,407 shares valued at approximately $476,000. Institutional investors collectively own 86.44% of WMB.
• Williams Companies reported quarterly earnings of $0.50 per share, in line with estimates, while revenue rose 9.8% year over year to $3.05 billion. The stock was trading near $75.27, up 2.1%.
• The company declared a quarterly dividend of $0.525 per share, equivalent to an annualized $2.10 payout and a 2.8% yield. Analysts maintain a consensus “Buy” rating with an average price target of $85.60.

Jackson Wealth Management LLC reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 92.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,407 shares of the pipeline company's stock after selling 77,475 shares during the quarter. Jackson Wealth Management LLC's holdings in Williams Companies were worth $476,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Main Street Group LTD bought a new position in shares of Williams Companies in the first quarter worth about $26,000. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at $27,000. Allied Private Wealth LLC bought a new stake in shares of Williams Companies during the second quarter worth $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies during the second quarter valued at $28,000. Finally, Clearstead Trust LLC lifted its stake in shares of Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock valued at $29,000 after acquiring an additional 186 shares during the period. Institutional investors own 86.44% of the company's stock.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the sale, the senior vice president owned 268,159 shares of the company's stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 17,000 shares of company stock worth $1,262,930 over the last 90 days. 0.47% of the stock is currently owned by company insiders.

Williams Companies Trading Up 2.1%

WMB opened at $75.27 on Tuesday. The firm's fifty day simple moving average is $73.46 and its 200 day simple moving average is $73.41. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $92.07 billion, a P/E ratio of 29.99, a P/E/G ratio of 1.54 and a beta of 0.59. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last released its 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 business 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 revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, research analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed 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. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies's dividend payout ratio (DPR) is presently 83.67%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on WMB. Jefferies Financial Group dropped their price objective on Williams Companies from $87.00 to $85.00 and set a "buy" rating for the company in a report on Wednesday, July 1st. Morgan Stanley lifted their price target on shares of Williams Companies from $99.00 to $103.00 and gave the stock an "overweight" rating in a research report on Tuesday, August 18th. Scotiabank increased their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a "sector outperform" rating in a report on Tuesday, May 12th. Wall Street Zen cut shares of Williams Companies from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Williams Companies in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $85.60.

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.

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