1,238,869 Shares in Williams Companies, Inc. (The) $WMB Bought by PointState Capital LP

PointState Capital LP purchased a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, HoldingsChannel reports. The fund purchased 1,238,869 shares of the pipeline company’s stock, valued at approximately $92,098,000. Williams Companies accounts for approximately 1.2% of PointState Capital LP’s holdings, making the stock its 25th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Main Street Group LTD purchased a new stake in shares of Williams Companies in the first quarter worth about $26,000. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at about $27,000. Allied Private Wealth LLC purchased a new stake in shares of Williams Companies during the 2nd quarter valued at about $28,000. Bayforest Capital Ltd acquired a new position in Williams Companies during the 2nd quarter worth approximately $28,000. Finally, Clearstead Trust LLC lifted its position in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

Shares of NYSE WMB opened at $74.33 on Thursday. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07. The business has a 50 day moving average price of $73.42 and a two-hundred day moving average price of $73.28. The firm has a market cap of $90.92 billion, a PE ratio of 29.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio is currently 83.67%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction 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 directly owned 268,159 shares in the company, valued at $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 17,000 shares of company stock valued at $1,262,930 over the last 90 days. Corporate insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on WMB shares. Citigroup increased their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Scotiabank boosted their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. JPMorgan Chase & Co. upped 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. Stifel Nicolaus raised their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 price target on shares of Williams Companies in a research note on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average target price of $85.60.

About Williams Companies

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.