13,685 Shares in Williams Companies, Inc. (The) $WMB Bought by PCM Encore LLC

PCM Encore LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 13,685 shares of the pipeline company’s stock, valued at approximately $1,017,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cynosure Group LLC acquired a new position in Williams Companies during the 2nd quarter worth approximately $647,000. Gabelli Funds LLC raised its holdings in shares of 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 purchasing an additional 17,900 shares during the last quarter. SIR Capital Management L.P. lifted its position in shares of Williams Companies by 40.0% in the fourth 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 lifted its position in shares of Williams Companies by 8.9% in the fourth 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. Finally, Global Retirement Partners LLC boosted its holdings in Williams Companies by 56.3% during the fourth 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 last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of WMB opened at $71.86 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The company’s fifty day simple moving average is $73.40 and its 200 day simple moving average is $73.15. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The company has a market cap of $87.90 billion, a price-to-earnings ratio of 28.63, a PEG ratio of 1.51 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the company 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. On average, research analysts forecast that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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 paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last three months, insiders have sold 17,000 shares of company stock valued at $1,262,930. Company insiders own 0.47% of the company’s stock.

Analysts Set New Price Targets

WMB has been the topic of several recent research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Citigroup increased their price objective 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. Wells Fargo & Company raised their price objective on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Royal Bank Of Canada upped their target price on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Finally, Morgan Stanley increased their price target on Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday. Three equities research 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $85.60.

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.