MJP Associates Inc. ADV Takes Position in Williams Companies, Inc. (The) $WMB

MJP Associates Inc. ADV purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) during the 2nd quarter, Holdings Channel reports. The fund purchased 9,054 shares of the pipeline company’s stock, valued at approximately $673,000.

Several other hedge funds have also recently bought and sold shares of WMB. Main Street Group LTD purchased a new position in Williams Companies during the 1st quarter valued at about $26,000. Allied Private Wealth LLC purchased a new stake in shares of Williams Companies in the second quarter worth approximately $28,000. Bayforest Capital Ltd purchased a new stake in shares of Williams Companies in the second quarter worth approximately $28,000. Frazier Financial Advisors LLC boosted its holdings in shares of Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 155 shares during the period. Finally, Motiv8 Investments LLC acquired a new stake in shares of Williams Companies during the fourth quarter worth approximately $27,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

Shares of WMB opened at $71.86 on Friday. The firm has a market cap of $87.90 billion, a PE ratio of 28.63, a PEG ratio of 1.51 and a beta of 0.58. The firm’s 50 day moving average price is $73.40 and its 200 day moving average price is $73.15. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) 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 company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the firm posted $0.46 earnings per share. 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. As a group, research analysts expect that Williams Companies, Inc. will post 2.48 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is currently 83.67%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Barclays lifted their target price on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Citigroup upped their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Morgan Stanley increased their price objective on Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Jefferies Financial Group reduced their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Three investment 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 stock. According to data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average target price of $85.60.

Check Out Our Latest Research Report on Williams Companies

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold 17,000 shares of company stock valued at $1,262,930 in the last three months. Corporate insiders own 0.47% of the company’s stock.

About Williams Companies

(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.

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

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