1,238,869 Shares in Williams Companies, Inc. (The) $WMB Purchased by PointState Capital LP

PointState Capital LP bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,238,869 shares of the pipeline company’s stock, valued at approximately $92,098,000. Williams Companies makes up approximately 1.2% of PointState Capital LP’s holdings, making the stock its 25th largest holding. PointState Capital LP owned approximately 0.10% of Williams Companies at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Main Street Group LTD acquired a new stake in Williams Companies in the first quarter valued at $26,000. Motiv8 Investments LLC purchased a new position in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies during the 2nd quarter worth $28,000. Bayforest Capital Ltd acquired a new stake in shares of Williams Companies during the second quarter worth $28,000. Finally, Clearstead Trust LLC grew its position in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Barclays lifted their price target on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Jefferies Financial Group dropped their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Morgan Stanley increased their price objective on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday, August 18th. Finally, Citigroup raised their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Three analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and an average price target of $85.60.

Williams Companies Trading Up 4.6%

Shares of WMB opened at $74.33 on Thursday. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07. The firm has a market capitalization of $90.92 billion, a P/E ratio of 29.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. 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 stock’s fifty day simple moving average is $73.42 and its 200 day simple moving average is $73.28.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently announced 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. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s payout ratio is presently 83.67%.

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.