Moore Capital Management LP Boosts Stake in Williams Companies, Inc. (The) $WMB

Moore Capital Management LP raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 285.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 444,566 shares of the pipeline company’s stock after acquiring an additional 329,170 shares during the period. Moore Capital Management LP’s holdings in Williams Companies were worth $26,723,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of WMB. Norges Bank acquired a new position in shares of Williams Companies during the fourth quarter worth about $747,749,000. BROOKFIELD Corp ON lifted its stake in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares in the last quarter. Wellington Management Group LLP lifted its stake in shares of Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after purchasing an additional 6,668,950 shares in the last quarter. Clearbridge Investments LLC lifted its stake in shares of Williams Companies by 21.3% during the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Williams Companies by 4,992.2% during the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock worth $222,692,000 after purchasing an additional 3,631,986 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of the company’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 sale, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the sale, the chief financial officer owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 68,500 shares of company stock worth $5,177,835. 0.47% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMB. Canadian Imperial Bank of Commerce boosted their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. The Goldman Sachs Group upgraded Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research note on Monday, April 20th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Finally, Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $82.40.

Get Our Latest Stock Report on WMB

Williams Companies Trading Down 0.3%

NYSE:WMB opened at $71.26 on Thursday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The business’s 50-day simple moving average is $73.38 and its 200 day simple moving average is $69.16. The stock has a market cap of $87.05 billion, a price-to-earnings ratio of 31.26, a price-to-earnings-growth ratio of 1.74 and a beta of 0.58.

Williams Companies (NYSE:WMBGet Free Report) last released its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the firm posted $0.60 earnings per share. The company’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

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

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.

Further Reading

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

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