Williams Companies, Inc. (The) $WMB is Adams Natural Resources Fund Inc.'s 4th Largest Position

Adams Natural Resources Fund Inc. lifted its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 24.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 435,550 shares of the pipeline company's stock after purchasing an additional 85,500 shares during the quarter. Williams Companies comprises about 4.0% of Adams Natural Resources Fund Inc.'s holdings, making the stock its 4th biggest holding. Adams Natural Resources Fund Inc.'s holdings in Williams Companies were worth $26,181,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of WMB. Towne Trust Company N.A grew its holdings in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company's stock valued at $26,000 after purchasing an additional 162 shares during the period. Clearstead Trust LLC grew its holdings in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock valued at $29,000 after purchasing an additional 186 shares during the period. WHI TRUST Co LLC purchased a new stake in shares of Williams Companies in the fourth quarter valued at about $30,000. First Command Advisory Services Inc. grew its holdings in shares of Williams Companies by 216.8% in the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company's stock valued at $30,000 after purchasing an additional 336 shares during the period. Finally, Commonwealth Retirement Investments LLC purchased a new stake in shares of Williams Companies in the fourth quarter valued at about $30,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Stifel Nicolaus increased their target price on shares of Williams Companies from $78.00 to $83.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Citigroup increased their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Wells Fargo & Company increased their target price on shares of Williams Companies from $80.00 to $89.00 and gave the stock an "overweight" rating in a research note on Friday, March 13th. The Goldman Sachs Group raised shares of Williams Companies from a "neutral" rating to a "buy" rating and set a $82.00 target price for the company in a research note on Monday, April 20th. Finally, Royal Bank Of Canada increased their target price on shares of Williams Companies from $82.00 to $83.00 and gave the stock an "outperform" rating in a research note on Thursday, May 7th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $82.40.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the sale, the senior vice president owned 287,159 shares of the company's stock, valued at $21,924,589.65. This trade represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the firm's stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the sale, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 68,500 shares of company stock worth $5,177,835 over the last ninety days. Company insiders own 0.47% of the company's stock.

Williams Companies Stock Up 0.4%

Shares of WMB opened at $71.92 on Friday. The stock has a market capitalization of $87.86 billion, a PE ratio of 31.54, a P/E/G ratio of 1.76 and a beta of 0.58. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year 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. The company's 50-day simple moving average is $73.44 and its 200-day simple moving average is $68.85.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business's quarterly revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts forecast that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies's dividend payout ratio is currently 92.11%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.