Lombard Odier Asset Management Switzerland SA Increases Holdings in Williams Companies, Inc. (The) $WMB

Lombard Odier Asset Management Switzerland SA boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 28.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,290 shares of the pipeline company’s stock after acquiring an additional 8,457 shares during the period. Lombard Odier Asset Management Switzerland SA’s holdings in Williams Companies were worth $2,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Williams Companies in the 4th quarter valued at $747,749,000. BROOKFIELD Corp ON lifted its stake in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares during the last quarter. Clearbridge Investments LLC lifted its stake in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares during the last quarter. Victory Capital Management Inc. boosted its position in Williams Companies by 295.7% during the fourth quarter. Victory Capital Management Inc. now owns 4,446,915 shares of the pipeline company’s stock valued at $268,723,000 after purchasing an additional 3,323,012 shares in the last quarter. Finally, Morgan Stanley grew its stake in Williams Companies by 11.0% in the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer owned 98,219 shares in the company, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. This trade represents a 0.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock valued at $5,182,655 in the last quarter. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.96 on Monday. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The company has a market capitalization of $90.34 billion, a P/E ratio of 32.44, a P/E/G ratio of 1.73 and a beta of 0.57. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The business’s 50 day moving average is $74.19 and its two-hundred day moving average is $71.88.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same quarter in the previous year, the company posted $0.60 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were issued a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s payout ratio is 92.11%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on WMB shares. Scotiabank raised their target price on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. JPMorgan Chase & Co. increased their price objective on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Canadian Imperial Bank of Commerce raised their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Jefferies Financial Group dropped their target price 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. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and a consensus price target of $83.56.

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.