Hamilton Capital LLC Buys Shares of 8,781 Williams Companies, Inc. (The) $WMB

Hamilton Capital LLC purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, HoldingsChannel reports. The institutional investor purchased 8,781 shares of the pipeline company’s stock, valued at approximately $653,000.

Several other institutional investors have also recently made changes to their positions in WMB. Infrastructure Capital Advisors LLC bought a new position in shares of Williams Companies in the second quarter worth about $15,277,000. Cynosure Group LLC purchased a new stake in Williams Companies in the 2nd quarter worth approximately $647,000. Ieq Capital LLC bought a new stake in Williams Companies during the 2nd quarter worth approximately $2,504,000. Gabelli Funds LLC raised its stake in Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares during the period. Finally, SIR Capital Management L.P. lifted its holdings in Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after purchasing an additional 150,032 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction 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 sale, the senior vice president owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 in the last quarter. Insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

WMB stock opened at $74.19 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 company’s fifty day moving average price is $73.44 and its 200-day moving average price is $73.33. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. The company has a market capitalization of $90.75 billion, a PE ratio of 29.56, a price-to-earnings-growth ratio of 1.55 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The firm 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 company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on WMB. TD Cowen upped their price target on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Stifel Nicolaus lifted their target price on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Citigroup increased their price target on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Three investment 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 stock. Based on data from MarketBeat, Williams Companies presently has an average rating of “Buy” and a consensus target price of $85.60.

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.