BTG Pactual Asset Management US LLC Takes Position in Williams Companies, Inc. (The) $WMB

BTG Pactual Asset Management US LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, Holdings Channel reports. The fund acquired 36,530 shares of the pipeline company’s stock, valued at approximately $2,716,000.

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

Williams Companies Stock Up 0.0%

Shares of NYSE:WMB opened at $73.75 on Monday. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The firm has a market cap of $90.21 billion, a P/E ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.59. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The company’s 50-day moving average price is $73.46 and its two-hundred day moving average price is $73.37.

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, hitting analysts’ consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the prior year, the business earned $0.46 earnings per share. Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, research analysts forecast that Williams Companies, Inc. will post 2.45 EPS 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. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders sold 17,000 shares of company stock valued at $1,262,930. 0.47% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Morgan Stanley lifted their price objective on Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Three research 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 stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $85.60.

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.