Vontobel Holding Ltd. Has $156.91 Million Position in Williams Companies, Inc. (The) $WMB

Vontobel Holding Ltd. boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2,999.4% during the second quarter, HoldingsChannel.com reports. The firm owned 2,110,664 shares of the pipeline company’s stock after acquiring an additional 2,042,565 shares during the period. Vontobel Holding Ltd.’s holdings in Williams Companies were worth $156,907,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA purchased a new stake in Williams Companies in the 2nd quarter worth approximately $354,184,000. Tema ETFs LLC grew its holdings in shares of Williams Companies by 127.9% during the 2nd quarter. Tema ETFs LLC now owns 219,413 shares of the pipeline company’s stock valued at $16,311,000 after acquiring an additional 123,156 shares in the last quarter. LVM Capital Management Ltd. MI acquired a new position in shares of Williams Companies in the second quarter worth $595,000. Revolve Wealth Partners LLC increased its stake in shares of Williams Companies by 332.9% in the second quarter. Revolve Wealth Partners LLC now owns 13,069 shares of the pipeline company’s stock worth $972,000 after acquiring an additional 10,050 shares during the last quarter. Finally, Contravisory Investment Management Inc. raised its holdings in shares of Williams Companies by 15.1% during the second quarter. Contravisory Investment Management Inc. now owns 10,135 shares of the pipeline company’s stock worth $753,000 after acquiring an additional 1,331 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Activity at Williams Companies

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

Williams Companies Stock Up 2.7%

WMB stock opened at $75.04 on Friday. The firm has a market cap of $91.79 billion, a PE ratio of 29.90, a PEG ratio of 1.72 and a beta of 0.58. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company has a fifty day simple moving average of $73.27 and a 200 day simple moving average of $72.90. 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 (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. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the business posted $0.46 earnings per share. The business’s quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts anticipate that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have commented on WMB shares. Citigroup boosted 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. UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Jefferies Financial Group reduced their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Royal Bank Of Canada boosted their price target on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Finally, TD Cowen increased their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $85.33.

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.