Pointe Capital Management LLC Purchases New Holdings in Williams Companies, Inc. (The) $WMB

Pointe Capital Management LLC acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,887 shares of the pipeline company’s stock, valued at approximately $809,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new position in Williams Companies during the 1st quarter valued at about $26,000. Motiv8 Investments LLC purchased a new stake in shares of Williams Companies in the fourth quarter worth approximately $27,000. Allied Private Wealth LLC acquired a new stake in shares of Williams Companies during the second quarter worth approximately $28,000. Bayforest Capital Ltd purchased a new position in Williams Companies during the second quarter valued at approximately $28,000. Finally, Clearstead Trust LLC grew its position in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Price Performance

NYSE WMB opened at $71.00 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $86.84 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. The company has a 50 day moving average price of $73.36 and a two-hundred day moving average price of $73.23. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. Williams Companies’s dividend payout ratio is currently 83.67%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Canadian Imperial Bank of Commerce upped their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Barclays boosted their price target on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Stifel Nicolaus upped their price target on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Royal Bank Of Canada lifted their price objective on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Three 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 a consensus rating of “Buy” and an average price target of $85.60.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 17,000 shares of company stock worth $1,262,930 over the last 90 days. Corporate insiders own 0.47% of the company’s stock.

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.