ABC Arbitrage SA Purchases New Holdings in Williams Companies, Inc. (The) $WMB

ABC Arbitrage SA acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 4th quarter, HoldingsChannel reports. The firm acquired 34,815 shares of the pipeline company’s stock, valued at approximately $2,093,000.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its position in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its holdings in Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares during the last quarter. Treasurer of the State of North Carolina lifted its stake in Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares in the last quarter. Finally, Ieq Capital LLC boosted its holdings in shares of Williams Companies by 160.1% during the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after purchasing an additional 101,574 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In related news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Payvand Fazel sold 2,898 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the transaction, the senior vice president directly owned 31,766 shares in the company, valued at $2,323,682.90. The trade was a 8.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 103,369 shares of company stock worth $7,700,932 in the last 90 days. Insiders own 0.47% of the company’s stock.

Williams Companies Stock Up 3.1%

WMB stock opened at $74.16 on Tuesday. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $77.41. The firm has a market cap of $90.60 billion, a PE ratio of 32.53, a PEG ratio of 1.25 and a beta of 0.61. The firm’s 50 day moving average price is $73.16 and its 200-day moving average price is $66.30. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.32 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Analysts Set New Price Targets

Several equities research analysts recently commented on WMB shares. UBS Group increased their price target on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Jefferies Financial Group boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Royal Bank Of Canada upped their target price on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Friday, March 27th. Finally, Truist Financial began coverage on Williams Companies in a report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. Four research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Williams Companies presently has a consensus rating of “Buy” and an average price target of $80.27.

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.