Old West Investment Management LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Old West Investment Management LLC purchased a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,696 shares of the pipeline company’s stock, valued at approximately $572,000.

A number of other institutional investors have also added to or reduced their stakes in WMB. Main Street Group LTD bought a new stake in shares of Williams Companies during the first quarter valued at about $26,000. Motiv8 Investments LLC bought a new position in Williams Companies in the 4th quarter valued at $27,000. Allied Private Wealth LLC bought a new position in shares of Williams Companies in the second quarter worth $28,000. Bayforest Capital Ltd bought a new stake in Williams Companies during the second quarter valued at $28,000. Finally, Clearstead Trust LLC boosted its position in shares of Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after acquiring an additional 186 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the completion of the sale, the senior vice president directly owned 281,159 shares in the company, valued at $19,863,883.35. This represents a 0.71% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

WMB has been the topic of several research reports. Stifel Nicolaus raised their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Morgan Stanley boosted their target price on Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research report on Tuesday, July 14th. Barclays upped their target price on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. Finally, The Goldman Sachs Group reissued a “buy” rating and set a $82.00 price target on shares of Williams Companies in a research note on Tuesday, July 14th. 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’s stock. Based on data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average target price of $85.33.

Williams Companies Stock Down 0.2%

Shares of NYSE:WMB opened at $75.04 on Monday. The stock has a market capitalization of $91.79 billion, a P/E ratio of 29.90, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. The stock’s 50-day moving average price is $73.27 and its 200-day moving average price is $72.96. 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 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same period in the prior year, the business posted $0.46 EPS. Williams Companies’s quarterly 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. On average, equities analysts anticipate that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Dividend Announcement

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 issued 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 (DPR) is currently 83.67%.

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.