Connor Clark & Lunn Investment Management Ltd. Invests $92.88 Million in Williams Companies, Inc. (The) $WMB

Connor Clark & Lunn Investment Management Ltd. purchased a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, HoldingsChannel reports. The firm purchased 1,249,417 shares of the pipeline company’s stock, valued at approximately $92,882,000.

Other large investors have also recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new position in shares of Williams Companies during the first quarter valued at $26,000. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth about $27,000. Allied Private Wealth LLC acquired a new stake in shares of Williams Companies in the 2nd quarter worth about $28,000. Bayforest Capital Ltd bought a new stake in Williams Companies in the 2nd quarter valued at about $28,000. Finally, Clearstead Trust LLC lifted 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 last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the business’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 sale, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 17,000 shares of company stock worth $1,262,930 over the last quarter. 0.47% of the stock is owned by insiders.

Williams Companies Stock Performance

WMB stock opened at $70.71 on Monday. The company has a 50-day simple moving average of $73.38 and a 200 day simple moving average of $73.18. The company has a market capitalization of $86.49 billion, a P/E ratio of 28.17, a PEG ratio of 1.47 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, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07.

Williams Companies (NYSE:WMB) last released its 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 firm had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the company earned $0.46 EPS. Williams Companies’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. Sell-side analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

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

Williams Companies News Roundup

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.

Wall Street Analyst Weigh In

WMB has been the subject of several recent analyst reports. Royal Bank Of Canada upped their target price on shares of Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. TD Cowen boosted their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, Stifel Nicolaus raised 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. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $85.60.

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.