RR Advisors LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the second quarter, HoldingsChannel.com reports. The fund acquired 375,077 shares of the pipeline company’s stock, valued at approximately $27,883,000. Williams Companies comprises about 8.1% of RR Advisors LLC’s holdings, making the stock its 3rd largest position.
Several other institutional investors and hedge funds have also made changes to their positions in WMB. Vanguard Group Inc. grew its position in shares of Williams Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares in the last quarter. State Street Corp boosted its stake in Williams Companies by 1.9% during the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after buying an additional 1,296,991 shares during the last quarter. Bank of America Corp DE boosted its stake in Williams Companies by 4.8% during the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock worth $2,768,298,000 after buying an additional 2,100,164 shares during the last quarter. Morgan Stanley grew its holdings in Williams Companies by 11.0% in the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after buying an additional 3,314,851 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after buying an additional 3,748,126 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.
Williams Companies Price Performance
WMB stock opened at $70.71 on Monday. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock has a market cap of $86.49 billion, a price-to-earnings ratio of 28.17, a price-to-earnings-growth ratio of 1.47 and a beta of 0.59. The business has a fifty day moving average of $73.38 and a two-hundred day moving average of $73.18.
Williams Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. Williams Companies’s dividend payout ratio is presently 83.67%.
Analyst Ratings Changes
Several research analysts have recently commented on the company. Barclays lifted their price target on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Jefferies Financial Group dropped their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. The Goldman Sachs Group restated a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a research report on Tuesday, July 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $85.60.
View Our Latest Research Report on Williams Companies
Williams Companies News Roundup
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: Morgan Stanley raised its price target for Williams Companies to $103, signaling substantial potential upside from recent trading levels and providing a constructive counterpoint to the earnings estimate cuts. Morgan Stanley Increases Williams Companies Price Target to $103
- Neutral Sentiment: The company’s latest reported quarter was solid: Williams earned $0.50 per share, matching consensus, while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Its fee-based pipeline operations provide relatively stable cash flows.
- Negative Sentiment: US Capital Advisors lowered its EPS forecasts across several periods, including fourth-quarter 2026 EPS to $0.57 from $0.60, first-quarter 2027 EPS to $0.55 from $0.59, second-quarter 2027 EPS to $0.40 from $0.48, and third-quarter 2027 EPS to $0.50 from $0.55.
- Negative Sentiment: The firm also reduced its full-year 2027 EPS estimate to $2.07 from $2.28 and its 2028 forecast to $2.67 from $2.86. These revisions suggest analysts see weaker near- to medium-term earnings growth than previously expected and are likely the main reason the stock has decreased.
Insider Buying and Selling
In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 17,000 shares of company stock valued at $1,262,930 over the last 90 days. Corporate 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.
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