Ieq Capital LLC Buys Shares of 33,684 Williams Companies, Inc. (The) $WMB

Ieq Capital LLC bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 33,684 shares of the pipeline company’s stock, valued at approximately $2,504,000.

A number of other institutional investors and hedge funds have also made changes to their positions in WMB. Main Street Group LTD acquired a new position in Williams Companies during the 1st quarter valued at approximately $26,000. Motiv8 Investments LLC bought a new position in Williams Companies during the 4th quarter worth $27,000. Allied Private Wealth LLC acquired a new stake in Williams Companies in the second quarter worth $28,000. Bayforest Capital Ltd bought a new stake in Williams Companies in the second quarter valued at $28,000. Finally, Clearstead Trust LLC lifted its stake in Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of WMB opened at $71.02 on Tuesday. The firm has a market capitalization of $86.87 billion, a price-to-earnings ratio of 28.29, a price-to-earnings-growth ratio of 1.47 and a beta of 0.59. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. The stock’s fifty day moving average is $73.37 and its 200-day moving average is $73.20.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Dividend Announcement

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

Wall Street Analyst Weigh In

WMB has been the subject of several recent research reports. Canadian Imperial Bank of Commerce upped their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. JPMorgan Chase & Co. lifted their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Jefferies Financial Group reduced 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 note on Wednesday, July 1st. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Finally, TD Cowen raised their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $85.60.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 17,000 shares of company stock valued at $1,262,930 in the last ninety days. Company insiders own 0.47% of the company’s stock.

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.