Danske Bank A S purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 55,628 shares of the pipeline company’s stock, valued at approximately $4,135,000.
A number of other hedge funds also recently modified their holdings of the stock. Main Street Group LTD bought a new position in Williams Companies during the first quarter valued at $26,000. Motiv8 Investments LLC purchased a new position in shares of Williams Companies during the 4th quarter valued at $27,000. Allied Private Wealth LLC bought a new position in shares of Williams Companies during the 2nd quarter worth $28,000. Bayforest Capital Ltd bought a new position in shares of Williams Companies during the 2nd quarter worth $28,000. Finally, Clearstead Trust LLC increased its holdings in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.
Williams Companies Stock Performance
Shares of WMB opened at $70.71 on Friday. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The company has a market cap of $86.49 billion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. The stock has a 50-day moving average price of $73.38 and a 200-day moving average price of $73.13.
Williams Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies’s dividend payout ratio is presently 83.67%.
More Williams Companies News
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.
Insider Buying and Selling at Williams Companies
In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 17,000 shares of company stock worth $1,262,930. Company insiders own 0.47% of the company’s stock.
Analyst Ratings Changes
A number of brokerages recently issued reports on WMB. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Morgan Stanley lifted their target price on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Citigroup upped their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, UBS Group reiterated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Three equities research 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 company. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $85.60.
Read Our Latest Analysis on WMB
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.
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