Sapient Capital LLC Grows Position in Williams Companies, Inc. (The) $WMB

Sapient Capital LLC grew its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 68.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,443 shares of the pipeline company’s stock after purchasing an additional 9,502 shares during the quarter. Sapient Capital LLC’s holdings in Williams Companies were worth $1,743,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its position in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares during the period. Sivia Capital Partners LLC grew its position in shares of Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares during the period. Treasurer of the State of North Carolina increased its stake in shares of Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares during the period. Finally, Ieq Capital LLC raised its holdings in Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after purchasing an additional 101,574 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 0.2%

WMB stock opened at $74.17 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07. The stock has a market cap of $90.72 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.54 and a beta of 0.59. The business’s 50-day moving average is $73.30 and its 200 day moving average is $73.49.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period 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, sell-side analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be paid a $0.525 dividend. 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 dividend payout ratio is currently 83.67%.

Wall Street Analyst Weigh In

Several analysts have commented on the company. Truist Financial raised their price objective on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday, August 12th. Scotiabank upped their target price on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada increased their target price on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Citigroup lifted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Barclays boosted their price target on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and an average price target of $85.60.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the sale, the senior vice president 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 document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders sold 19,000 shares of company stock valued at $1,414,050. Company insiders own 0.47% of the company’s stock.

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.