Jupiter Topco LLC Makes New $9.87 Million Investment in Williams Companies, Inc. (The) $WMB

Jupiter Topco LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, Holdings Channel.com reports. The firm bought 132,745 shares of the pipeline company’s stock, valued at approximately $9,868,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Infrastructure Capital Advisors LLC bought a new position in shares of Williams Companies during the 2nd quarter valued at approximately $15,277,000. Cynosure Group LLC bought a new stake in shares of Williams Companies in the 2nd quarter worth approximately $647,000. Ieq Capital LLC purchased a new position in Williams Companies in the second quarter valued at approximately $2,504,000. Gabelli Funds LLC lifted its stake in Williams Companies by 7.4% in the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after purchasing an additional 17,900 shares during the last quarter. Finally, SIR Capital Management L.P. grew its holdings in Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after purchasing an additional 150,032 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Trading Up 0.0%

NYSE:WMB opened at $73.75 on Monday. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07. The stock’s fifty day moving average price is $73.46 and its two-hundred day moving average price is $73.37. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The company has a market cap of $90.21 billion, a P/E ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.59.

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

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders 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 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

Analyst Upgrades and Downgrades

WMB has been the topic of several research reports. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Wells Fargo & Company lifted their price objective on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. TD Cowen boosted their price objective on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Finally, Truist Financial increased their target price on shares of Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Three investment 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, the stock presently has a consensus rating of “Buy” and a consensus price target of $85.60.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders sold 17,000 shares of company stock worth $1,262,930 in the last quarter. Corporate insiders own 0.47% of the company’s stock.

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.