Old West Investment Management LLC Makes New $572,000 Investment in Williams Companies, Inc. (The) $WMB

Old West Investment Management LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 7,696 shares of the pipeline company’s stock, valued at approximately $572,000.

Other hedge funds have also recently modified their holdings of the company. Main Street Group LTD purchased a new stake in Williams Companies in the first quarter worth about $26,000. Allied Private Wealth LLC purchased a new stake in Williams Companies during the 2nd quarter valued at about $28,000. Bayforest Capital Ltd bought a new position in shares of Williams Companies in the second quarter worth approximately $28,000. Frazier Financial Advisors LLC raised its holdings in Williams Companies by 59.4% in the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 155 shares during the last quarter. Finally, Motiv8 Investments LLC purchased a new stake in Williams Companies during the 4th quarter valued at $27,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

WMB opened at $75.04 on Monday. The company has a 50 day simple moving average of $73.27 and a two-hundred day simple moving average of $72.96. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The firm has a market cap of $91.79 billion, a P/E ratio of 29.90, a PEG ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts forecast that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders 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 payout ratio is presently 83.67%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was 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 $19,863,883.35. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.47% of the stock is owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently issued reports on WMB. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 price target on shares of Williams Companies in a report on Tuesday, July 14th. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Wells Fargo & Company boosted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Scotiabank raised their target price on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lifted their target price on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $85.33.

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.