Keystone Investors PTE Ltd. Increases Position in Williams Companies, Inc. (The) $WMB

Keystone Investors PTE Ltd. lifted its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1,737.3% during the third quarter, Holdings Channel reports. The firm owned 75,439 shares of the pipeline company’s stock after acquiring an additional 71,333 shares during the quarter. Keystone Investors PTE Ltd.’s holdings in Williams Companies were worth $4,779,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. boosted its holdings in shares of Williams Companies by 3.1% during the third quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after purchasing an additional 134,777 shares during the last quarter. World Investment Advisors lifted its stake in Williams Companies by 185.6% in the third quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock valued at $2,728,000 after buying an additional 27,987 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Williams Companies by 9.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock valued at $11,664,000 after acquiring an additional 16,027 shares during the period. Compass Wealth Management LLC grew its position in shares of Williams Companies by 75.9% during the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after acquiring an additional 54,057 shares during the last quarter. Finally, Atlantic Union Bankshares Corp lifted its position in Williams Companies by 3,344.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock valued at $1,106,000 after purchasing an additional 16,958 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the completion of the sale, the senior vice president directly owned 293,159 shares of the company’s stock, valued at $21,377,154.28. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the sale, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. The trade was a 36.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 41,107 shares of company stock worth $2,982,535 over the last quarter. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 29th. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. UBS Group lifted their target price on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Royal Bank Of Canada boosted their price target on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group raised their price target on Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $75.36.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $74.75 on Friday. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $75.59. The firm has a market cap of $91.31 billion, a P/E ratio of 34.93, a PEG ratio of 1.33 and a beta of 0.65. The stock has a fifty day moving average price of $65.35 and a two-hundred day moving average price of $61.78. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. During the same quarter last year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be paid a $0.525 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s dividend payout ratio is presently 93.46%.

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.