Williams Companies, Inc. (The) $WMB Stock Position Increased by Acumen Wealth Advisors LLC

Key Points

• Acumen Wealth Advisors increased its Williams Companies position by 147.3% in the second quarter, holding 28,138 shares valued at approximately $2.09 million. Institutional investors collectively own 86.44% of WMB.
• Analysts remain broadly bullish, with the stock carrying a consensus “Buy” rating and an average price target of $85.33; recent targets range from $82 to $90.
• Williams Companies reported quarterly revenue of $3.05 billion, up 9.8% year over year, while matching estimates with $0.50 in earnings per share. The company also declared a $0.525 quarterly dividend, equivalent to a 2.8% annual yield.

Acumen Wealth Advisors LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 147.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,138 shares of the pipeline company's stock after purchasing an additional 16,760 shares during the period. Acumen Wealth Advisors LLC's holdings in Williams Companies were worth $2,092,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Towne Trust Company N.A raised its stake in Williams Companies by 60.2% during the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company's stock valued at $26,000 after acquiring an additional 162 shares in the last quarter. Main Street Group LTD acquired a new stake in Williams Companies in the first quarter worth about $26,000. Motiv8 Investments LLC bought a new position in Williams Companies in the 4th quarter valued at about $27,000. Allied Private Wealth LLC bought a new position in Williams Companies in the 2nd quarter valued at about $28,000. Finally, Clearstead Trust LLC increased its stake in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock valued at $29,000 after buying an additional 186 shares during the period. Institutional investors own 86.44% of the company's stock.

Insider Activity 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 Monday, August 3rd. The shares were sold at an average price of $70.65, for a total value of $141,300.00. Following the completion of the transaction, the senior vice president owned 281,159 shares of the company's stock, valued at approximately $19,863,883.35. This trade represents a 0.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.47% of the company's stock.

Analysts Set New Price Targets

WMB has been the topic of a number of recent analyst reports. Citigroup boosted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. The Goldman Sachs Group reiterated a "buy" rating and set a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Wells Fargo & Company boosted their target price on Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Wolfe Research upgraded Williams Companies from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 21st. Finally, Stifel Nicolaus increased their price target on Williams Companies from $78.00 to $83.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. Three equities research 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 company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $85.33.

Williams Companies Stock Up 2.7%

Shares of Williams Companies stock opened at $75.04 on Friday. The stock's fifty day moving average is $73.27 and its 200-day moving average is $72.90. The firm has a market capitalization of $91.79 billion, a PE ratio of 29.90, a price-to-earnings-growth ratio of 1.72 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, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting analysts' consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter last year, the business posted $0.46 EPS. Williams Companies's revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies's dividend payout ratio is 83.67%.

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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