Visionary Wealth Advisors Acquires New Stake in Williams Companies, Inc. (The) $WMB

Visionary Wealth Advisors bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 11,403 shares of the pipeline company’s stock, valued at approximately $848,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cynosure Group LLC bought a new stake in shares of Williams Companies in the 2nd quarter worth approximately $647,000. Gabelli Funds LLC boosted its holdings in 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 position in Williams Companies by 40.0% in 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 during the last quarter. Infrastructure Capital Advisors LLC acquired a new position in Williams Companies in the second quarter worth approximately $15,277,000. Finally, Stephens Inc. AR increased its holdings 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 in the last quarter. 86.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Terrance Lane 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 sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 17,000 shares of company stock worth $1,262,930 over the last quarter. 0.47% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce increased their price objective on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research report on Tuesday, May 26th. Wells Fargo & Company lifted their target price on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen downgraded Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Finally, Barclays increased their price target on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $85.60.

Williams Companies Trading Up 0.7%

Williams Companies stock opened at $71.02 on Tuesday. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The firm has a market capitalization of $86.87 billion, a price-to-earnings ratio of 28.29, a P/E/G ratio of 1.47 and a beta of 0.59. The company has a 50 day moving average price of $73.37 and a 200 day moving average price of $73.20.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’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 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts forecast that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently declared 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 is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies’s payout ratio 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.