Leonteq Securities AG Purchases 8,897 Shares of Williams Companies, Inc. (The) $WMB

Leonteq Securities AG grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 251.3% in the first quarter, HoldingsChannel.com reports. The fund owned 12,438 shares of the pipeline company’s stock after buying an additional 8,897 shares during the period. Leonteq Securities AG’s holdings in Williams Companies were worth $905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of WMB. Fort Washington Investment Advisors Inc. OH acquired a new position in Williams Companies during the fourth quarter worth approximately $4,627,000. Gabelli Funds LLC lifted its position 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 buying an additional 17,900 shares during the last quarter. Nordea Investment Management AB lifted its position in shares of Williams Companies by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock valued at $125,839,000 after buying an additional 365,546 shares during the last quarter. Stephens Inc. AR boosted its stake in shares of Williams Companies by 8.9% during the 4th quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after acquiring an additional 13,438 shares during the period. Finally, SIR Capital Management L.P. boosted its stake in shares of Williams Companies by 40.0% during the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of recent analyst reports. TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday. Finally, Jefferies Financial Group dropped their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $82.94.

Williams Companies Stock Down 0.1%

NYSE WMB opened at $73.09 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $80.07. The company has a 50 day moving average of $74.10 and a 200-day moving average of $70.23. The company has a market cap of $89.28 billion, a price-to-earnings ratio of 32.06, a PEG ratio of 1.79 and a beta of 0.57.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the prior year, the business posted $0.60 earnings per share. The firm’s quarterly revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities research analysts expect that Williams Companies, Inc. will post 2.44 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, June 12th. Williams Companies’s dividend payout ratio is presently 92.11%.

Insider Buying and Selling

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the sale, the senior vice president directly owned 283,159 shares of the company’s stock, valued at approximately $20,999,071.44. This represents a 0.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 68,500 shares of company stock valued at $5,182,655. Company insiders own 0.47% of the company’s stock.

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.