Fjarde AP Fonden Fourth Swedish National Pension Fund Buys 132,800 Shares of Williams Companies, Inc. (The) $WMB

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 162.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 214,800 shares of the pipeline company’s stock after acquiring an additional 132,800 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Williams Companies were worth $15,633,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $747,749,000. BROOKFIELD Corp ON lifted its holdings in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP lifted its position in Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after buying an additional 6,668,950 shares during the last quarter. Clearbridge Investments LLC boosted its position in Williams Companies by 21.3% during the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after buying an additional 3,748,126 shares during the period. Finally, SG Americas Securities LLC lifted its position in Williams Companies by 4,992.2% in the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after purchasing an additional 3,631,986 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently issued reports 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. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday. Truist Financial began coverage on Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Canadian Imperial Bank of Commerce lifted their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Finally, Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Williams Companies currently has an average rating of “Buy” and an average price target of $82.94.

Get Our Latest Report on Williams Companies

Williams Companies Trading Down 0.1%

Shares of NYSE:WMB opened at $73.09 on Friday. The stock’s 50-day simple moving average is $74.10 and its two-hundred day simple moving average is $70.23. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The stock has a market capitalization of $89.28 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 1.79 and a beta of 0.57.

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

Williams Companies Dividend Announcement

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

Insider Activity at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 68,500 shares of company stock worth $5,182,655. 0.47% of the stock is currently 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.

Further Reading

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

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