Infrastructure Capital Advisors LLC Has $21.98 Million Position in Williams Companies, Inc. (The) $WMB

Infrastructure Capital Advisors LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 12.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 302,076 shares of the pipeline company’s stock after buying an additional 32,608 shares during the period. Williams Companies makes up 1.5% of Infrastructure Capital Advisors LLC’s portfolio, making the stock its 16th biggest holding. Infrastructure Capital Advisors LLC’s holdings in Williams Companies were worth $21,985,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Mill Creek Capital Advisors LLC raised its holdings in Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after buying an additional 141 shares during the last quarter. UMB Bank n.a. grew its holdings in Williams Companies by 1.0% during the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after acquiring an additional 148 shares during the last quarter. Parallel Advisors LLC grew its holdings in Williams Companies by 1.2% during the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after acquiring an additional 149 shares during the last quarter. Great Diamond Partners LLC increased its position in Williams Companies by 0.4% in the 4th quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock valued at $2,096,000 after acquiring an additional 150 shares during the period. Finally, First Horizon Corp increased its position in Williams Companies by 3.7% in the 1st quarter. First Horizon Corp now owns 4,220 shares of the pipeline company’s stock valued at $307,000 after acquiring an additional 150 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the sale, the chief financial officer owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 68,500 shares of company stock worth $5,182,655. 0.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WMB. Citigroup lifted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Scotiabank increased their price objective on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a report on Tuesday, May 12th. Royal Bank Of Canada raised their target price on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Jefferies Financial Group cut their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Finally, UBS Group reiterated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $83.56.

Williams Companies Stock Down 4.5%

Shares of NYSE WMB opened at $70.70 on Tuesday. The company has a market capitalization of $86.36 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 1.73 and a beta of 0.57. 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. The company’s 50 day moving average price is $74.05 and its 200-day moving average price is $71.96.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the firm posted $0.60 EPS. The company’s quarterly revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

About Williams Companies

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.