Twin Tree Management LP acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 14,915 shares of the pipeline company’s stock, valued at approximately $1,109,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in WMB. Cynosure Group LLC acquired a new stake in Williams Companies in the 2nd quarter valued at $647,000. Gabelli Funds LLC raised its stake in Williams Companies by 7.4% during the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares in the last quarter. SIR Capital Management L.P. raised its stake in Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Williams Companies by 8.9% during the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after acquiring an additional 13,438 shares during the period. Finally, Global Retirement Partners LLC lifted its holdings in shares of Williams Companies by 56.3% during the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock valued at $3,459,000 after acquiring an additional 20,740 shares during the period. 86.44% of the stock is owned by institutional investors.
Williams Companies Trading Down 1.4%
Shares of WMB opened at $70.71 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The company has a market cap of $86.49 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.45 and a beta of 0.58. The stock has a fifty day moving average price of $73.38 and a two-hundred day moving average price of $73.13. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07.
Williams Companies Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. Williams Companies’s dividend payout ratio is currently 83.67%.
Analyst Upgrades and Downgrades
WMB has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Jefferies Financial Group dropped their target price on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Royal Bank Of Canada lifted their price target on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Scotiabank boosted their price target on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Finally, Citigroup upped their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $85.60.
Check Out Our Latest Stock Report on Williams Companies
Williams Companies News Summary
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
In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the sale, the senior vice president owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders have sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is owned by corporate insiders.
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.
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