Keebeck Wealth Management Takes $4.43 Million Position in Williams Companies, Inc. (The) $WMB

Keebeck Wealth Management purchased a new position in Williams Companies, Inc. (The) (NYSE:WMBFree Report) during the 2nd quarter, HoldingsChannel reports. The fund purchased 59,573 shares of the pipeline company’s stock, valued at approximately $4,429,000.

Several other large investors also recently added to or reduced their stakes in WMB. Main Street Group LTD purchased a new stake in shares of Williams Companies in the 1st quarter valued at about $26,000. Allied Private Wealth LLC bought a new stake in shares of Williams Companies during the 2nd quarter valued at about $28,000. Bayforest Capital Ltd purchased a new position in shares of Williams Companies during the second quarter worth about $28,000. Frazier Financial Advisors LLC grew its holdings in shares of Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 155 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in shares of Williams Companies in the fourth quarter worth approximately $27,000. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on WMB shares. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Scotiabank increased 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. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. Finally, Canadian Imperial Bank of Commerce upped their target price on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $85.60.

Read Our Latest Stock Analysis on Williams Companies

Trending Headlines about Williams Companies

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.

Williams Companies Stock Performance

NYSE:WMB opened at $70.71 on Friday. The company has a market capitalization of $86.49 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.48 and a beta of 0.58. The business has a 50 day moving average of $73.38 and a 200 day moving average of $73.13. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07.

Williams Companies (NYSE:WMBGet Free Report) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business’s revenue was up 9.8% compared to the same quarter last year. During the same period last year, the firm posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

Insider Buying and Selling

In related news, SVP Terrance Lane 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 value of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 17,000 shares of company stock valued at $1,262,930. 0.47% of the stock is owned by company insiders.

About Williams Companies

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMBFree Report).

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.