SIR Capital Management L.P. Has $31.57 Million Stock Position in Williams Companies, Inc. (The) $WMB

SIR Capital Management L.P. lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 40.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 525,232 shares of the pipeline company’s stock after acquiring an additional 150,032 shares during the quarter. Williams Companies accounts for about 3.5% of SIR Capital Management L.P.’s holdings, making the stock its 6th biggest holding. SIR Capital Management L.P.’s holdings in Williams Companies were worth $31,572,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in WMB. Norges Bank bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $747,749,000. BROOKFIELD Corp ON lifted its holdings in shares of Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. Clearbridge Investments LLC lifted its holdings in shares of Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after acquiring an additional 3,748,126 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in Williams Companies by 4,992.2% during the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after buying an additional 3,631,986 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent analyst reports. TD Cowen upped their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a report on Monday, April 20th. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Morgan Stanley upped their price target on shares of Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Finally, UBS Group upped their price target on shares of Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and an average target price of $82.40.

Williams Companies Trading Up 0.4%

NYSE:WMB opened at $71.92 on Friday. The company has a fifty day moving average of $73.44 and a 200 day moving average of $68.85. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $87.86 billion, a P/E ratio of 31.54, a P/E/G ratio of 1.75 and a beta of 0.58.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business 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 earned $0.60 EPS. The company’s revenue for the quarter was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research 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, June 29th. Shareholders of record on Friday, June 12th will be issued a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio is 92.11%.

Insider Activity at Williams Companies

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 68,500 shares of company stock valued at $5,177,835 over the last quarter. Company 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.