Williams Companies, Inc. (The) $WMB Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 7.1% during the 2nd quarter, Holdings Channel reports. The firm owned 17,615,045 shares of the pipeline company’s stock after selling 1,353,178 shares during the quarter. Deutsche Bank AG’s holdings in Williams Companies were worth $1,309,502,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of WMB. Cynosure Group LLC purchased a new position in Williams Companies in the 2nd quarter valued at about $647,000. Gabelli Funds LLC grew its holdings in shares of 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 buying an additional 17,900 shares in the last quarter. SIR Capital Management L.P. grew its holdings in shares of 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 buying an additional 150,032 shares in the last quarter. Stephens Inc. AR raised its position in shares of Williams Companies by 8.9% in the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after buying an additional 13,438 shares during the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Williams Companies by 56.3% in the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock valued at $3,459,000 after buying an additional 20,740 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. In the last three months, insiders sold 17,000 shares of company stock worth $1,262,930. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

WMB opened at $73.55 on Tuesday. The company’s 50 day simple moving average is $73.31 and its 200 day simple moving average is $73.01. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The stock has a market capitalization of $89.96 billion, a PE ratio of 29.30, a P/E/G ratio of 1.58 and a beta of 0.59.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the firm earned $0.46 earnings per share. Williams Companies’s revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, sell-side analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Stifel Nicolaus raised their target price on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. TD Cowen boosted their price target on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Royal Bank Of Canada increased their price target on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. 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. Finally, UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Williams Companies presently has an average rating of “Buy” and a consensus price target of $85.33.

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.