Williams Companies, Inc. (The) $WMB Shares Sold by HORAN Wealth LLC

Key Points

• HORAN Wealth LLC cut its Williams Companies stake by 49.6% in the second quarter, selling 96,465 shares and retaining 97,953 shares worth approximately $7.28 million. Institutional investors collectively own 86.44% of WMB.
• Analyst sentiment remains positive, with a consensus “Buy” rating and an average price target of $85.60, despite one brokerage downgrading the stock to “sell.”
• Williams Companies reported quarterly revenue of $3.05 billion, up 9.8% year over year, while meeting earnings expectations at $0.50 per share. The company also declared a quarterly dividend of $0.525 per share, representing a 2.8% annualized yield.

HORAN Wealth LLC decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 49.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 97,953 shares of the pipeline company's stock after selling 96,465 shares during the quarter. Williams Companies comprises 0.9% of HORAN Wealth LLC's investment portfolio, making the stock its 21st largest holding. HORAN Wealth LLC's holdings in Williams Companies were worth $7,282,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after buying an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC increased its position in 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 acquiring an additional 242 shares during the period. Treasurer of the State of North Carolina raised its stake in Williams Companies by 2.1% during 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 acquiring an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC lifted its position in Williams Companies by 3.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company's stock worth $644,000 after acquiring an additional 296 shares during the period. Finally, Ieq Capital LLC grew its stake 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 last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Terrance Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00. Following the completion of the transaction, the senior vice president directly owned 264,259 shares of the company's stock, valued at $19,967,410.04. This trade represents a 0.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 19,000 shares of company stock valued at $1,414,050 over the last quarter. 0.47% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on WMB. Wall Street Zen cut shares of Williams Companies from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. Morgan Stanley raised their target price on shares of Williams Companies from $99.00 to $103.00 and gave the stock an "overweight" rating in a research note on Tuesday, August 18th. UBS Group reaffirmed a "buy" rating on shares of Williams Companies in a report on Tuesday, July 14th. Wells Fargo & Company increased their price target on shares of Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Finally, The Goldman Sachs Group restated a "buy" rating and set a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Williams Companies has a consensus rating of "Buy" and an average target price of $85.60.

Williams Companies Stock Performance

Shares of WMB stock opened at $74.17 on Monday. The stock has a fifty day moving average price of $73.30 and a 200 day moving average price of $73.50. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The stock has a market cap of $90.72 billion, a PE ratio of 29.55, a P/E/G ratio of 1.54 and a beta of 0.59. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last announced 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 business had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the business posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.8%. Williams Companies's payout ratio is presently 83.67%.

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.

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