Tidal Investments LLC Purchases 191,305 Shares of Williams Companies, Inc. (The) $WMB

Tidal Investments LLC increased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 82.6% in the 2nd quarter, HoldingsChannel reports. The fund owned 422,885 shares of the pipeline company’s stock after purchasing an additional 191,305 shares during the period. Tidal Investments LLC’s holdings in Williams Companies were worth $31,437,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in WMB. Main Street Group LTD bought a new position in Williams Companies during the first quarter worth about $26,000. Motiv8 Investments LLC bought a new stake in shares of Williams Companies in the fourth quarter valued at approximately $27,000. Allied Private Wealth LLC purchased a new stake in shares of Williams Companies during the 2nd quarter valued at approximately $28,000. Bayforest Capital Ltd purchased a new stake in shares of Williams Companies during the 2nd quarter valued at approximately $28,000. Finally, Clearstead Trust LLC boosted its holdings in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after buying an additional 186 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Trading Down 0.8%

Williams Companies stock opened at $75.24 on Thursday. 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, Inc. has a fifty-two week low of $56.19 and a fifty-two week high of $80.07. The stock has a market cap of $92.03 billion, a P/E ratio of 29.98, a PEG ratio of 1.58 and a beta of 0.59. The firm’s fifty day moving average price is $73.36 and its 200-day moving average price is $73.56.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities research analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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

Analyst Ratings Changes

A number of research analysts recently weighed in on WMB shares. Barclays lifted their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Royal Bank Of Canada raised their price target on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a report on Monday, August 10th. Jefferies Financial Group decreased their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, Truist Financial raised their target price on Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. 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. According to MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and a consensus price target of $85.60.

Insider Activity at Williams Companies

In related news, SVP Terrance Wilson sold 13,000 shares of the company’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 transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 19,000 shares of company stock worth $1,414,050 over the last ninety days. 0.47% of the stock is currently owned by insiders.

Williams Companies Company Profile

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.