Hamilton Capital LLC bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 8,781 shares of the pipeline company’s stock, valued at approximately $653,000.
Other hedge funds have also recently made changes to their positions in the company. Caitlin John LLC purchased a new stake in shares of Williams Companies in the 2nd quarter worth approximately $92,000. Equitable Holdings Inc. purchased a new position in Williams Companies during the second quarter valued at $2,111,000. Centaurus Financial Inc. bought a new stake in Williams Companies in the second quarter worth $869,000. Brasada Capital Management LP bought a new stake in Williams Companies in the second quarter worth $13,430,000. Finally, Harvey Capital Management Inc. purchased a new stake in shares of Williams Companies in the second quarter worth $223,000. 86.44% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on WMB. Wall Street Zen downgraded Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. UBS Group restated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Royal Bank Of Canada lifted their target price on shares of Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Jefferies Financial Group dropped their target price on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $85.60.
Williams Companies Trading Down 0.3%
Williams Companies stock opened at $74.19 on Friday. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. The business’s fifty day moving average is $73.44 and its 200 day moving average is $73.33. The stock has a market capitalization of $90.75 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 1.55 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.
Williams Companies (NYSE:WMB – Get Free Report) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share 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 return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.45 EPS for the current year.
Williams Companies Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.
Insiders Place Their Bets
In related news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the sale, the senior vice president owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 in the last 90 days. 0.47% of the stock is owned by corporate insiders.
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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