Williams Companies, Inc. (The) $WMB Shares Acquired by Kinsale Capital Group Inc.

Kinsale Capital Group Inc. grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 4.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 217,619 shares of the pipeline company’s stock after acquiring an additional 9,546 shares during the quarter. Williams Companies comprises 2.5% of Kinsale Capital Group Inc.’s holdings, making the stock its 7th largest position. Kinsale Capital Group Inc.’s holdings in Williams Companies were worth $15,838,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in WMB. Fort Washington Investment Advisors Inc. OH acquired a new position in shares of Williams Companies during the 4th quarter valued at about $4,627,000. Gabelli Funds LLC increased its position in Williams Companies by 7.4% during the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after purchasing an additional 17,900 shares during the last quarter. SIR Capital Management L.P. raised its stake in Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after purchasing an additional 150,032 shares during the period. Nordea Investment Management AB raised its stake in Williams Companies by 21.0% during the fourth quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock worth $125,839,000 after purchasing an additional 365,546 shares during the period. Finally, Stephens Inc. AR boosted its holdings in Williams Companies by 8.9% in the 4th quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after purchasing an additional 13,438 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.34 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The firm has a market cap of $89.60 billion, a P/E ratio of 32.17, a P/E/G ratio of 1.80 and a beta of 0.57. The firm’s 50 day moving average price is $74.37 and its 200-day moving average price is $71.32. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter last year, the firm earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts predict that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

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

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 68,500 shares of company stock valued at $5,182,655. Corporate insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce increased their price target on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Jefferies Financial Group decreased their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Wolfe Research raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a research report on Tuesday. Four research 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 stock. According to MarketBeat, Williams Companies currently has an average rating of “Buy” and an average price target of $83.56.

About Williams Companies

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.