Czech National Bank raised its position in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) by 4.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 348,112 shares of the pipeline company’s stock after acquiring an additional 15,518 shares during the quarter. Czech National Bank’s holdings in Williams Companies were worth $25,879,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Gabelli Funds LLC boosted its holdings in Williams Companies by 7.4% in the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after acquiring an additional 17,900 shares in the last quarter. SIR Capital Management L.P. raised its holdings in Williams Companies by 40.0% in the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after purchasing an additional 150,032 shares in the last quarter. Stephens Inc. AR raised its holdings in Williams Companies by 8.9% in the 4th quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after purchasing an additional 13,438 shares in the last quarter. Global Retirement Partners LLC lifted its position in shares of Williams Companies by 56.3% in the 4th quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock worth $3,459,000 after purchasing an additional 20,740 shares during the period. Finally, Mediolanum International Funds Ltd lifted its position in shares of Williams Companies by 688.5% in the 1st quarter. Mediolanum International Funds Ltd now owns 479,126 shares of the pipeline company’s stock worth $34,722,000 after purchasing an additional 418,365 shares during the period. 86.44% of the stock is owned by institutional investors.
Insider Transactions at Williams Companies
In related news, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This trade represents a 10.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,500 shares of company stock valued at $1,402,755 in the last ninety days. 0.47% of the stock is currently owned by corporate insiders.
Williams Companies Stock Down 1.9%
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, sell-side analysts anticipate that Williams Companies, Inc. will post 2.3 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The firm also recently announced 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 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.
Wall Street Analysts Forecast Growth
WMB has been the topic of several research analyst reports. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Jefferies Financial Group lowered their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday. Canadian Imperial Bank of Commerce upped their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company increased their target price on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday. Four 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 company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $83.62.
Get Our Latest Stock Report on WMB
About Williams Companies
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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