Tema ETFs LLC Buys 123,156 Shares of Williams Companies, Inc. (The) $WMB

Tema ETFs LLC increased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 127.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 219,413 shares of the pipeline company’s stock after purchasing an additional 123,156 shares during the quarter. Tema ETFs LLC’s holdings in Williams Companies were worth $16,311,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in WMB. Towne Trust Company N.A boosted its holdings in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Main Street Group LTD acquired a new position in shares of Williams Companies during the first quarter worth approximately $26,000. Motiv8 Investments LLC bought a new position in shares of Williams Companies in the 4th quarter worth $27,000. Allied Private Wealth LLC bought a new position in shares of Williams Companies in the 2nd quarter worth $28,000. Finally, Clearstead Trust LLC grew its position in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the period. 86.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WMB. JPMorgan Chase & Co. upped their target price on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Jefferies Financial Group lowered their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Finally, Stifel Nicolaus lifted their target price on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Williams Companies currently has an average rating of “Buy” and a consensus target price of $83.88.

Williams Companies Price Performance

Williams Companies stock opened at $72.21 on Wednesday. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The company’s 50 day moving average price is $73.15 and its two-hundred day moving average price is $72.75. The stock has a market cap of $88.33 billion, a P/E ratio of 28.77, a P/E/G ratio of 1.69 and a beta of 0.59. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s payout ratio is currently 83.67%.

Insiders Place Their Bets

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the transaction, the senior vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 18,500 shares of company stock valued at $1,402,755. Company insiders own 0.47% of the company’s stock.

Williams Companies Company 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.