OMERS ADMINISTRATION Corp Has $3.79 Million Position in Williams Companies, Inc. (The) $WMB

OMERS ADMINISTRATION Corp boosted its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 18.8% during the first quarter, Holdings Channel reports. The institutional investor owned 52,086 shares of the pipeline company’s stock after buying an additional 8,259 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Williams Companies were worth $3,791,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Towne Trust Company N.A boosted its holdings in Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares during the period. Main Street Group LTD bought a new stake in Williams Companies during the first quarter worth $26,000. Motiv8 Investments LLC bought a new stake in Williams Companies during the fourth quarter worth $27,000. Clearstead Trust LLC lifted its holdings in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in shares of Williams Companies in the 4th quarter valued at $29,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Performance

Shares of WMB opened at $70.70 on Tuesday. 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 firm’s fifty day simple moving average is $74.05 and its two-hundred day simple moving average is $71.96. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The stock has a market capitalization of $86.36 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 1.73 and a beta of 0.57.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company posted $0.60 EPS. The business’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. As a group, analysts predict that Williams Companies, Inc. will post 2.45 EPS for the current year.

Insiders Place Their Bets

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of Williams Companies stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the sale, the chief financial officer directly owned 196,567 shares in the company, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the business’s 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 directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 68,500 shares of company stock valued at $5,182,655. Company insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on WMB shares. Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Barclays raised their price target 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. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a 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 given a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and an average 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.