Van Lanschot Kempen Investment Management N.V. Buys 28,421 Shares of Williams Companies, Inc. (The) $WMB

Van Lanschot Kempen Investment Management N.V. lifted its stake in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 7.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 434,530 shares of the pipeline company’s stock after purchasing an additional 28,421 shares during the quarter. Van Lanschot Kempen Investment Management N.V.’s holdings in Williams Companies were worth $26,120,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Williams Companies in the fourth quarter worth about $4,627,000. Gabelli Funds LLC raised its stake in Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after purchasing an additional 17,900 shares during the period. Nordea Investment Management AB raised its stake in Williams Companies by 21.0% during the 4th quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock valued at $125,839,000 after purchasing an additional 365,546 shares during the period. Stephens Inc. AR raised its stake in Williams Companies by 8.9% during 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 period. Finally, Global Retirement Partners LLC raised its stake in Williams Companies by 56.3% during the 4th quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock valued at $3,459,000 after purchasing an additional 20,740 shares during the period. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Morgan Stanley lifted their target price on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Wells Fargo & Company lifted their target price on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Citigroup lifted their target price on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Scotiabank lifted their target price on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $82.40.

Check Out Our Latest Stock Report on Williams Companies

Williams Companies Stock Performance

NYSE WMB opened at $71.92 on Friday. The stock has a market capitalization of $87.86 billion, a PE ratio of 31.54, a P/E/G ratio of 1.75 and a beta of 0.58. The business has a 50 day simple moving average of $73.44 and a two-hundred day simple moving average of $68.85. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) last released its quarterly 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 business had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the transaction, the senior vice president owned 287,159 shares of the company’s stock, valued at $21,924,589.65. This represents a 0.69% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 68,500 shares of company stock worth $5,177,835. 0.47% of the stock is owned by corporate insiders.

Williams Companies Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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