6,957 Shares in Williams Companies, Inc. (The) $WMB Bought by Pinnacle Family Advisors LLC

Pinnacle Family Advisors LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,957 shares of the pipeline company’s stock, valued at approximately $517,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of WMB. State Street Corp grew its position in shares of Williams Companies by 1.9% in the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after buying an additional 1,296,991 shares during the last quarter. Bank of America Corp DE raised its position in shares of 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 acquiring an additional 2,100,164 shares during the last quarter. Morgan Stanley lifted its stake in shares of Williams Companies by 11.0% in the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after acquiring an additional 3,314,851 shares during the period. Clearbridge Investments LLC lifted its stake in shares of Williams Companies by 21.3% in the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after acquiring an additional 3,748,126 shares during the period. Finally, Deutsche Bank AG boosted its holdings in Williams Companies by 1.2% in the fourth quarter. Deutsche Bank AG now owns 20,036,698 shares of the pipeline company’s stock valued at $1,204,406,000 after acquiring an additional 239,732 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WMB shares. Scotiabank raised their price target on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. JPMorgan Chase & Co. upped their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. The Goldman Sachs Group reiterated 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 restated a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, Citigroup increased their price target on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Three 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. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $85.60.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders sold 17,000 shares of company stock valued at $1,262,930. Company insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB opened at $74.33 on Thursday. The company has a fifty day moving average of $73.42 and a 200-day moving average of $73.28. The firm has a market capitalization of $90.92 billion, a P/E ratio of 29.61, a P/E/G ratio of 1.48 and a beta of 0.58. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, sell-side analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

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

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.