Orser Capital Management LLC purchased a new position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 29,682 shares of the pipeline company’s stock, valued at approximately $2,207,000. Williams Companies makes up 1.1% of Orser Capital Management LLC’s investment portfolio, making the stock its 27th biggest position.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Main Street Group LTD purchased a new stake in Williams Companies during the first quarter valued at about $26,000. Frazier Financial Advisors LLC increased its position in shares of Williams Companies by 59.4% in the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 155 shares in the last quarter. Towne Trust Company N.A increased its position in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Williams Companies by 102.5% during the first quarter. Cornerstone Planning Group LLC now owns 480 shares of the pipeline company’s stock valued at $37,000 after acquiring an additional 243 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on WMB shares. Morgan Stanley raised their price objective on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a research note on Tuesday, July 14th. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Finally, Wells Fargo & Company upped their price target on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Williams Companies currently has a consensus rating of “Buy” and an average target price of $83.62.
Insider Buying and Selling
In related news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction 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 sale, the senior vice president directly owned 54,101 shares in the company, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total value of $141,300.00. Following the sale, the senior vice president directly owned 281,159 shares of the company’s stock, valued at approximately $19,863,883.35. The trade was a 0.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 18,500 shares of company stock worth $1,402,755. Corporate insiders own 0.47% of the company’s stock.
Williams Companies Stock Performance
WMB stock opened at $71.77 on Friday. The firm has a 50 day simple moving average of $73.12 and a 200 day simple moving average of $72.55. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The stock has a market cap of $87.79 billion, a P/E ratio of 28.59, a P/E/G ratio of 3.06 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.76 and a current ratio of 0.48.
Williams Companies (NYSE:WMB – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting 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 analyst estimates of $2.83 billion. During the same quarter in the prior year, the business earned $0.46 EPS. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts anticipate that Williams Companies, Inc. will post 2.35 earnings per share 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 $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio is 83.67%.
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.
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