Elevation Point Wealth Partners LLC Purchases Shares of 122,628 Williams Companies, Inc. (The) $WMB

Elevation Point Wealth Partners LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 122,628 shares of the pipeline company’s stock, valued at approximately $9,116,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMB. Norges Bank acquired a new position in shares of Williams Companies in the 4th quarter valued at $747,749,000. BROOKFIELD Corp ON increased its holdings in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Kayne Anderson Capital Advisors LP acquired a new stake in shares of Williams Companies during the 2nd quarter worth $500,305,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Williams Companies in the 2nd quarter worth $354,184,000. Finally, Ontario Teachers Pension Plan Board purchased a new position in shares of Williams Companies in the 2nd quarter worth $329,094,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies 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 sale, 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 document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 17,000 shares of company stock valued at $1,262,930 over the last three months. 0.47% of the stock is owned by company insiders.

Analysts Set New Price Targets

WMB has been the subject of a number of research reports. UBS Group reissued a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Scotiabank raised their price objective on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Jefferies Financial Group decreased their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Three 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.com, the stock presently has an average rating of “Buy” and an average target price of $85.60.

Williams Companies Trading Down 1.4%

NYSE:WMB opened at $70.71 on Friday. The business’s 50-day moving average is $73.38 and its two-hundred day moving average is $73.13. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The firm has a market capitalization of $86.49 billion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.45 and a beta of 0.58.

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

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given 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 3.0%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Key Stories Impacting Williams Companies

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.

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.