Infrastructure Capital Advisors LLC purchased a new stake in Williams Companies, Inc. (The) (NYSE:WMB – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 205,503 shares of the pipeline company’s stock, valued at approximately $15,277,000. Williams Companies accounts for approximately 0.9% of Infrastructure Capital Advisors LLC’s investment portfolio, making the stock its 24th biggest position.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new stake in shares of Williams Companies during the first quarter worth $26,000. Motiv8 Investments LLC bought a new stake in shares of Williams Companies in the fourth quarter valued at about $27,000. Allied Private Wealth LLC acquired a new position in shares of Williams Companies in the second quarter valued at about $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies in the second quarter valued at about $28,000. Finally, Clearstead Trust LLC increased its position in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.
Williams Companies Stock Performance
WMB opened at $70.71 on Monday. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The company’s fifty day moving average price is $73.38 and its two-hundred day moving average price is $73.18. The company has a market cap of $86.49 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.47 and a beta of 0.59.
Williams Companies Dividend Announcement
The firm also recently declared 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. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on WMB. Truist Financial lifted their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Barclays raised their target price 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. Stifel Nicolaus raised their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada boosted their price objective on shares of Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research report on Monday, August 10th. Finally, Canadian Imperial Bank of Commerce increased their price target on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note 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 given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $85.60.
Get Our Latest Stock Report on Williams Companies
Insider Activity at Williams Companies
In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the sale, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 17,000 shares of company stock worth $1,262,930. Insiders own 0.47% of the company’s stock.
Key Williams Companies News
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 Company 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.
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