Marble Wealth LLC Takes Position in Williams Companies, Inc. (The) $WMB

Key Points

• Marble Wealth LLC initiated a new position in Williams Companies, buying 38,298 shares worth about $2.3 million in the fourth quarter.
• Williams Companies reported better-than-expected quarterly EPS of $0.73, though revenue came in below estimates at $3.03 billion and was slightly down year over year.
• Analysts remain broadly positive on WMB, with several raising price targets and the stock carrying a consensus Buy rating and average target of $82.40.

Marble Wealth LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 38,298 shares of the pipeline company's stock, valued at approximately $2,302,000.

A number of other large investors also recently made changes to their positions in WMB. Brighton Jones LLC increased its holdings in shares of Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after purchasing an additional 3,969 shares during the period. Sivia Capital Partners LLC increased its holdings 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 purchasing an additional 242 shares during the period. Treasurer of the State of North Carolina increased its holdings 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 purchasing an additional 11,926 shares during the period. Main Street Financial Solutions LLC increased its holdings in shares of Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company's stock valued at $644,000 after purchasing an additional 296 shares during the period. Finally, Ieq Capital LLC increased its holdings in shares of Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company's stock valued at $10,366,000 after purchasing an additional 101,574 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Key Stories Impacting Williams Companies

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: Argus raised its price target on Williams Companies, highlighting the company’s large role in U.S. natural gas infrastructure and its position among the better-liked energy stocks, which can reinforce investor confidence. The Williams Companies (WMB) Price Target Raised by $2 at Argus
• Positive Sentiment: Broader midstream and gas-infrastructure coverage has been constructive, citing robust gas backlogs, LNG export growth, and rising power demand from data centers as tailwinds for natural-gas-focused pipeline companies like WMB. Midstream: Robust Gas Backlogs Drive Growth Visibility
• Positive Sentiment: A Zacks article compared WMB favorably as a value stock versus peer Ultrapar, which may help keep valuation-focused investors interested. UGP or WMB: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: The company expanded funding flexibility by adding new credit lines and filing a shelf registration, which gives Williams more financial optionality but also raises the possibility of future share issuance. Williams Companies Expands Funding Options With New Credit Lines And Equity Shelf
• Negative Sentiment: US Capital Advisors trimmed earnings estimates for several future periods, including FY2027 and FY2028, which can pressure sentiment if investors view the cuts as a sign of slower profit growth ahead. Williams Companies research notes and estimates

Insider Transactions at Williams Companies

In related news, SVP Payvand Fazel sold 2,898 shares of the business's stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $73.15, for a total value of $211,988.70. Following the completion of the sale, the senior vice president directly owned 31,766 shares in the company, valued at approximately $2,323,682.90. The trade was a 8.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO John Dean Porter sold 50,000 shares of the business's stock in a transaction that occurred on 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 completion of the sale, the chief financial officer owned 196,567 shares of the company's stock, valued at approximately $14,815,254.79. This trade represents a 20.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 78,762 shares of company stock worth $5,937,632. 0.47% of the stock is currently owned by company insiders.

Williams Companies Trading Up 1.7%

Shares of NYSE WMB opened at $71.23 on Wednesday. The stock has a market cap of $87.01 billion, a price-to-earnings ratio of 31.24, a PEG ratio of 1.70 and a beta of 0.58. The business has a 50 day simple moving average of $73.69 and a 200 day simple moving average of $68.15. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMB - Get Free Report) last announced 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 business had revenue of $3.03 billion during the quarter, compared to analysts' expectations of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm's quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.46 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies's payout ratio is 92.11%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on WMB. Scotiabank upped their target price on Williams Companies from $85.00 to $86.00 and gave the company a "sector outperform" rating in a report on Tuesday, May 12th. Citigroup upped their target price on Williams Companies from $81.00 to $83.00 and gave the company a "buy" rating in a report on Friday, May 8th. Morgan Stanley boosted their price target on Williams Companies from $90.00 to $98.00 and gave the company an "overweight" rating in a research note on Wednesday, May 20th. Wolfe Research raised Williams Companies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 21st. Finally, Wells Fargo & Company boosted their price target on Williams Companies from $80.00 to $89.00 and gave the company an "overweight" rating in a research note on Friday, March 13th. Four research 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 stock. Based on data from MarketBeat, Williams Companies has a consensus rating of "Buy" and a consensus price target 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.

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