Kinsale Capital Group Inc. Acquires 9,546 Shares of Williams Companies, Inc. (The) $WMB

Kinsale Capital Group Inc. increased its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 4.6% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 217,619 shares of the pipeline company’s stock after purchasing an additional 9,546 shares during the period. Williams Companies makes up 2.5% of Kinsale Capital Group Inc.’s holdings, making the stock its 7th biggest position. Kinsale Capital Group Inc.’s holdings in Williams Companies were worth $15,838,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Mill Creek Capital Advisors LLC grew its position in Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 141 shares during the period. UMB Bank n.a. lifted its holdings in shares of Williams Companies by 1.0% in the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock valued at $920,000 after buying an additional 148 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Williams Companies by 1.2% in the 4th quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock valued at $760,000 after buying an additional 149 shares during the period. Great Diamond Partners LLC boosted its stake in shares of Williams Companies by 0.4% in the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after buying an additional 150 shares during the last quarter. Finally, First Horizon Corp boosted its stake in shares of Williams Companies by 3.7% in the first quarter. First Horizon Corp now owns 4,220 shares of the pipeline company’s stock worth $307,000 after buying an additional 150 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the transaction, the senior vice president owned 283,159 shares in the company, valued at $20,999,071.44. This trade represents a 0.70% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the sale, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This represents a 10.89% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 68,500 shares of company stock valued at $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

NYSE:WMB opened at $73.34 on Friday. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The stock’s 50-day moving average price is $74.37 and its 200-day moving average price is $71.32. The stock has a market capitalization of $89.60 billion, a PE ratio of 32.17, a price-to-earnings-growth ratio of 1.80 and a beta of 0.57.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping 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 return on equity of 18.34% and a net margin of 23.39%.Williams Companies’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Friday, June 12th. Williams Companies’s dividend payout ratio is presently 92.11%.

Analyst Ratings Changes

Several research analysts recently weighed in on WMB shares. Scotiabank lifted their price target on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group restated a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a research report on Tuesday. Barclays raised their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. Jefferies Financial Group cut their target price on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, 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. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $83.56.

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.