Pinnacle West Asset Management Inc. bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,294 shares of the pipeline company’s stock, valued at approximately $3,739,000. Williams Companies accounts for 2.6% of Pinnacle West Asset Management Inc.’s holdings, making the stock its 10th largest position.
Other institutional investors and hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings in shares of Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC increased its position in 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 purchasing an additional 296 shares during the last quarter. Finally, Ieq Capital LLC raised its stake in shares of Williams Companies by 160.1% during the 2nd 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 in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.
Insiders Place Their Bets
In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction dated 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 directly owned 268,159 shares in the company, valued at $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is owned by insiders.
Analyst Ratings Changes
Get Our Latest Stock Analysis on WMB
Trending Headlines about Williams Companies
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 Stock Performance
Shares of NYSE WMB opened at $70.71 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The firm has a market cap of $86.49 billion, a price-to-earnings ratio of 28.17, a P/E/G ratio of 1.48 and a beta of 0.58. The business’s 50-day simple moving average is $73.38 and its 200-day simple moving average is $73.13. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07.
Williams Companies (NYSE:WMB – Get Free Report) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the company earned $0.46 EPS. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The company also recently announced 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. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.
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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