114,017 Shares in Williams Companies, Inc. (The) $WMB Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 114,017 shares of the pipeline company’s stock, valued at approximately $8,476,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Main Street Group LTD acquired a new stake in Williams Companies during the first quarter worth approximately $26,000. Allied Private Wealth LLC acquired a new position in shares of Williams Companies in the second quarter valued at approximately $28,000. Bayforest Capital Ltd bought a new position in shares of Williams Companies during the second quarter worth approximately $28,000. Frazier Financial Advisors LLC lifted its holdings in Williams Companies by 59.4% during the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 155 shares during the last quarter. Finally, Motiv8 Investments LLC bought a new stake in Williams Companies in the 4th quarter valued at $27,000. Institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMB. Royal Bank Of Canada upped their price objective on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce lifted their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. TD Cowen boosted their target price on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. UBS Group restated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Finally, Stifel Nicolaus lifted their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $85.60.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the 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 approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 17,000 shares of company stock worth $1,262,930. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

WMB opened at $73.25 on Thursday. The firm has a market cap of $89.60 billion, a P/E ratio of 29.18, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The business’s fifty day moving average is $73.40 and its 200-day moving average is $73.11.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The business 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%.Williams Companies’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.52 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio is 83.67%.

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.