Pinnacle Holdings LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 73,450 shares of the pipeline company’s stock, valued at approximately $5,460,000. Williams Companies makes up about 1.7% of Pinnacle Holdings LLC’s holdings, making the stock its 5th largest holding.
Several other hedge funds have also recently added to or reduced their stakes in WMB. Brighton Jones LLC lifted its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after acquiring an additional 242 shares in the last quarter. Treasurer of the State of North Carolina grew its holdings in shares of Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after acquiring an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in shares of Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after acquiring an additional 296 shares during the last quarter. Finally, Ieq Capital LLC raised its position in shares of Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after purchasing an additional 101,574 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on WMB. Royal Bank Of Canada upped their target price on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, August 10th. The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 price target on shares of Williams Companies in a research note on Tuesday, July 14th. Stifel Nicolaus boosted their price objective on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Scotiabank upped their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies has an average rating of “Buy” and a consensus price target of $85.60.
Insider Activity
In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies 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 completion of the sale, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 17,000 shares of company stock worth $1,262,930. Company insiders own 0.47% of the company’s stock.
Williams Companies Trading Up 0.3%
NYSE:WMB opened at $70.71 on Monday. The stock has a market cap of $86.49 billion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.47 and a beta of 0.59. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The stock’s 50-day moving average is $73.38 and its two-hundred day moving average is $73.18.
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm’s revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given 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 3.0%. Williams Companies’s dividend payout ratio is presently 83.67%.
Key Williams Companies News
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: Morgan Stanley raised its price target for Williams Companies to $103, signaling substantial potential upside from recent trading levels and providing a constructive counterpoint to the earnings estimate cuts. Morgan Stanley Increases Williams Companies Price Target to $103
- Neutral Sentiment: The company’s latest reported quarter was solid: Williams earned $0.50 per share, matching consensus, while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Its fee-based pipeline operations provide relatively stable cash flows.
- Negative Sentiment: US Capital Advisors lowered its EPS forecasts across several periods, including fourth-quarter 2026 EPS to $0.57 from $0.60, first-quarter 2027 EPS to $0.55 from $0.59, second-quarter 2027 EPS to $0.40 from $0.48, and third-quarter 2027 EPS to $0.50 from $0.55.
- Negative Sentiment: The firm also reduced its full-year 2027 EPS estimate to $2.07 from $2.28 and its 2028 forecast to $2.67 from $2.86. These revisions suggest analysts see weaker near- to medium-term earnings growth than previously expected and are likely the main reason the stock has decreased.
Williams Companies Company 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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