International Assets Investment Management LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

International Assets Investment Management LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the 1st quarter, Holdings Channel reports. The firm acquired 56,367 shares of the pipeline company’s stock, valued at approximately $4,102,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $747,749,000. BROOKFIELD Corp ON boosted its stake in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. Clearbridge Investments LLC increased its position in Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares in the last quarter. Finally, SG Americas Securities LLC raised its position in shares of Williams Companies by 4,992.2% in the fourth 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 owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 68,500 shares of company stock worth $5,182,655 in the last ninety days. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Stock Down 0.6%

Shares of WMB traded down $0.43 during mid-day trading on Friday, reaching $75.02. 4,016,695 shares of the stock traded hands, compared to its average volume of 7,439,942. The stock has a fifty day simple moving average of $74.34 and a 200 day simple moving average of $70.79. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month 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 cap of $91.64 billion, a price-to-earnings ratio of 32.90, a P/E/G ratio of 1.84 and a beta of 0.57.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. UBS Group increased their target price on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Stifel Nicolaus increased their price target on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Canadian Imperial Bank of Commerce boosted their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Monday, April 20th. Finally, TD Cowen increased their target price on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $83.50.

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.