Compass Wealth Management LLC Purchases New Position in Williams Companies, Inc. (The) $WMB

Compass Wealth Management LLC acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 68,048 shares of the pipeline company’s stock, valued at approximately $5,059,000.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of Williams Companies during the fourth quarter worth $747,749,000. BROOKFIELD Corp ON grew its position in shares of Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares in the last quarter. Massachusetts Financial Services Co. MA purchased a new position in shares of Williams Companies in the second quarter valued at $354,184,000. Ontario Teachers Pension Plan Board bought a new stake in shares of Williams Companies during the 2nd quarter valued at $329,094,000. Finally, Clearbridge Investments LLC raised its stake in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after purchasing an additional 3,748,126 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Trading Up 2.5%

Shares of WMB stock opened at $75.25 on Wednesday. The company has a market capitalization of $92.05 billion, a PE ratio of 29.98, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The business’s fifty day moving average is $73.38 and its 200 day moving average is $73.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The business 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 period in the previous year, the business earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s payout ratio is presently 83.67%.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 17,000 shares of company stock worth $1,262,930 over the last ninety days. 0.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on the company. UBS Group restated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. increased their price target on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Finally, 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 note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Williams Companies has an average rating of “Buy” and a consensus target price of $85.60.

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.