Livforsakringsbolaget Skandia Omsesidigt Purchases New Holdings in Williams Companies, Inc. (The) $WMB

Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, Holdings Channel reports. The institutional investor purchased 10,215 shares of the pipeline company’s stock, valued at approximately $759,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Main Street Group LTD purchased a new stake in shares of Williams Companies during the 1st quarter valued at $26,000. Motiv8 Investments LLC purchased a new position in shares of Williams Companies in the 4th quarter worth about $27,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies in the 2nd quarter worth about $28,000. Bayforest Capital Ltd bought a new position in Williams Companies during the second quarter valued at about $28,000. Finally, Clearstead Trust LLC grew its position in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies 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 completion of the transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last ninety days, insiders have sold 17,000 shares of company stock valued at $1,262,930. 0.47% of the stock is currently owned by insiders.

Williams Companies Trading Down 0.6%

Shares of Williams Companies stock opened at $73.75 on Friday. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The stock’s 50-day simple moving average is $73.46 and its 200 day simple moving average is $73.33. The stock has a market capitalization of $90.21 billion, a P/E ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’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, research analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Analysts Set New Price Targets

WMB has been the topic of several research reports. Citigroup lifted their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Wells Fargo & Company increased their target price on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Morgan Stanley raised their price target on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. JPMorgan Chase & Co. lifted their price target on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Finally, Truist Financial upped their price objective on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price 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.