NEOS Investment Management LLC Raises Holdings in Williams Companies, Inc. (The) $WMB

NEOS Investment Management LLC increased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 34.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,066,577 shares of the pipeline company’s stock after purchasing an additional 270,948 shares during the period. NEOS Investment Management LLC’s holdings in Williams Companies were worth $79,289,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Apella Capital LLC raised its holdings in shares of Williams Companies by 2.3% in the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock worth $450,000 after acquiring an additional 134 shares during the last quarter. Mirador Capital Partners LP boosted its stake in shares of Williams Companies by 0.9% during the second quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock valued at $1,201,000 after acquiring an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC boosted its stake in shares of Williams Companies by 3.8% during the second quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock valued at $285,000 after acquiring an additional 140 shares during the last quarter. Mill Creek Capital Advisors LLC increased its position in Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 141 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its stake in Williams Companies by 5.2% in the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock valued at $222,000 after purchasing an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

NYSE WMB opened at $74.11 on Friday. The business’s 50-day moving average price is $73.38 and its 200 day moving average price is $73.49. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07. The company has a market capitalization of $90.65 billion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.

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 the consensus estimate of $0.50. The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio is 83.67%.

Key Williams Companies News

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: $5.5 billion Momentum Midstream acquisition completed: Williams said the deal expands its Haynesville shale footprint and strengthens its ability to serve growing Gulf Coast LNG, power-generation and industrial demand. The transaction includes approximately $3.5 billion in cash and debt consideration plus $2 billion in equity, potentially adding long-term growth to Williams’ natural-gas infrastructure business. The Williams Companies Strengthens its Natural Gas Growth Engine with Momentum Deal
• Positive Sentiment: Supportive earnings and dividend profile: Recent results showed earnings in line with estimates at $0.50 per share while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Williams also declared a $0.525 quarterly dividend, or $2.10 annualized, providing an approximately 2.8% yield. Analysts maintain a consensus “Buy” rating with an $85.60 price target, above recent trading levels.
• Neutral Sentiment: Prospectus filed for a large share resale: Williams filed a prospectus supplement covering the resale of shares, likely associated with equity issued in connection with the Momentum transaction. While the filing does not change the company’s operations, the potential increase in publicly available shares may create a near-term supply or dilution overhang. Williams Companies Files Prospectus for Large Share Resale
• Negative Sentiment: Executive stock sale adds a modest sentiment headwind: Senior Vice President Terrance Lane Wilson sold 2,000 shares for approximately $151,120. The sale reduced his direct ownership by 0.75%; although small relative to his remaining 264,259 shares, it follows several earlier sales and may attract some investor attention. Terrance Lane Wilson Sells 2,000 Shares of Williams Companies Stock

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Canadian Imperial Bank of Commerce lifted their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Scotiabank boosted their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Truist Financial upped their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Citigroup raised their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Williams Companies has an average rating of “Buy” and an average target price of $85.60.

Insiders Place Their Bets

In related news, SVP Terrance Wilson sold 13,000 shares of the stock in a transaction dated 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 transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders have sold 19,000 shares of company stock valued at $1,414,050. Corporate insiders own 0.47% of the company’s stock.

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.