Williams Companies, Inc. (The) $WMB Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2.3% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 580,346 shares of the pipeline company’s stock after buying an additional 13,137 shares during the period. Calamos Advisors LLC’s holdings in Williams Companies were worth $42,238,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in WMB. Towne Trust Company N.A increased its holdings in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after buying an additional 162 shares in the last quarter. Motiv8 Investments LLC acquired a new position in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Clearstead Trust LLC lifted its holdings in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new position in shares of Williams Companies in the fourth quarter worth about $29,000. Finally, WHI TRUST Co LLC purchased a new position in Williams Companies in the 4th quarter worth approximately $30,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the firm’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 approximately $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 68,500 shares of company stock valued at $5,182,655. Company insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB opened at $74.46 on Tuesday. The firm has a market cap of $90.96 billion, a price-to-earnings ratio of 32.66, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57. The firm’s fifty day moving average price is $74.30 and its 200 day moving average price is $70.97. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results 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 firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is 92.11%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on WMB shares. Truist Financial started coverage on shares of Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target on the stock. Royal Bank Of Canada raised their price target on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Barclays lifted their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Canadian Imperial Bank of Commerce boosted their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Finally, Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Four 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. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average 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.