61,433 Shares in Williams Companies, Inc. (The) $WMB Purchased by Vise Technologies Inc.

Vise Technologies Inc. acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 61,433 shares of the pipeline company’s stock, valued at approximately $4,567,000.

A number of other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Williams Companies in the fourth quarter worth approximately $747,749,000. BROOKFIELD Corp ON raised its holdings in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after acquiring an additional 7,884,730 shares during the period. Massachusetts Financial Services Co. MA acquired a new stake in shares of Williams Companies during the second quarter valued at approximately $354,184,000. Ontario Teachers Pension Plan Board purchased a new stake in shares of Williams Companies in the 2nd quarter valued at approximately $329,094,000. Finally, Clearbridge Investments LLC lifted its position in shares of 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 acquiring an additional 3,748,126 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

WMB stock opened at $71.86 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The stock has a market cap of $87.90 billion, a P/E ratio of 28.63, a P/E/G ratio of 1.51 and a beta of 0.58. The firm has a 50 day simple moving average of $73.40 and a 200 day simple moving average of $73.15. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The firm 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%. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts anticipate that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is currently 83.67%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 17,000 shares of company stock worth $1,262,930. Insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

WMB has been the topic of several research analyst reports. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Barclays increased their target price on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Finally, Royal Bank Of Canada lifted their price target on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a report on Monday, August 10th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $85.60.

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.