Nitor Capital Management LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 7,755 shares of the pipeline company’s stock, valued at approximately $577,000. Williams Companies comprises about 0.4% of Nitor Capital Management LLC’s investment portfolio, making the stock its 16th biggest position.
A number of other institutional investors and hedge funds have also recently bought and sold shares of WMB. Cynosure Group LLC bought a new position in Williams Companies during the 2nd quarter valued at $647,000. Gabelli Funds LLC grew its holdings in Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares in the last quarter. SIR Capital Management L.P. increased its position in shares of Williams Companies by 40.0% in the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after purchasing an additional 150,032 shares during the last quarter. Stephens Inc. AR increased its position in shares of Williams Companies by 8.9% in the 4th quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after purchasing an additional 13,438 shares during the last quarter. Finally, Mediolanum International Funds Ltd raised its stake in shares of Williams Companies by 688.5% in the 1st quarter. Mediolanum International Funds Ltd now owns 479,126 shares of the pipeline company’s stock valued at $34,722,000 after purchasing an additional 418,365 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Insider Buying and Selling
In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 17,000 shares of company stock valued at $1,262,930 in the last three months. Insiders own 0.47% of the company’s stock.
Analyst Upgrades and Downgrades
Williams Companies Stock Up 0.3%
Shares of NYSE:WMB opened at $70.71 on Monday. The company’s fifty day moving average is $73.38 and its two-hundred day moving average is $73.18. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The stock has a market capitalization of $86.49 billion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 1.47 and a beta of 0.59.
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the business posted $0.46 EPS. The company’s quarterly 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 2.45 EPS for the current year.
Williams Companies Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.
Trending Headlines about Williams Companies
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: Morgan Stanley raised its price target for Williams Companies to $103, signaling substantial potential upside from recent trading levels and providing a constructive counterpoint to the earnings estimate cuts. Morgan Stanley Increases Williams Companies Price Target to $103
- Neutral Sentiment: The company’s latest reported quarter was solid: Williams earned $0.50 per share, matching consensus, while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Its fee-based pipeline operations provide relatively stable cash flows.
- Negative Sentiment: US Capital Advisors lowered its EPS forecasts across several periods, including fourth-quarter 2026 EPS to $0.57 from $0.60, first-quarter 2027 EPS to $0.55 from $0.59, second-quarter 2027 EPS to $0.40 from $0.48, and third-quarter 2027 EPS to $0.50 from $0.55.
- Negative Sentiment: The firm also reduced its full-year 2027 EPS estimate to $2.07 from $2.28 and its 2028 forecast to $2.67 from $2.86. These revisions suggest analysts see weaker near- to medium-term earnings growth than previously expected and are likely the main reason the stock has decreased.
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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