Cynosure Group LLC Invests $647,000 in Williams Companies, Inc. (The) $WMB

Cynosure Group LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 8,702 shares of the pipeline company’s stock, valued at approximately $647,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Gabelli Funds LLC lifted its stake in shares of Williams Companies by 7.4% in the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after acquiring an additional 17,900 shares during the last quarter. SIR Capital Management L.P. grew its position in Williams Companies by 40.0% during the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the last quarter. Stephens Inc. AR increased its holdings in Williams Companies by 8.9% in the 4th quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after purchasing an additional 13,438 shares in the last quarter. Global Retirement Partners LLC raised its position in Williams Companies by 56.3% in the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock valued at $3,459,000 after purchasing an additional 20,740 shares during the last quarter. Finally, Mediolanum International Funds Ltd boosted its stake in shares of Williams Companies by 688.5% during the first quarter. Mediolanum International Funds Ltd now owns 479,126 shares of the pipeline company’s stock valued at $34,722,000 after purchasing an additional 418,365 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Royal Bank Of Canada upped their price objective on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Morgan Stanley raised their price target on shares of Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, Jefferies Financial Group cut their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. 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’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $85.33.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $70.65, for a total value of $141,300.00. Following the transaction, the senior vice president directly owned 281,159 shares of the company’s stock, valued at $19,863,883.35. The trade was a 0.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.47% of the company’s stock.

Williams Companies Stock Up 2.7%

Williams Companies stock opened at $75.04 on Friday. The firm has a market cap of $91.79 billion, a price-to-earnings ratio of 29.90, a PEG ratio of 1.77 and a beta of 0.58. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. 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 firm has a 50 day moving average price of $73.27 and a two-hundred day moving average price of $72.90.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. 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 prior year, the company posted $0.46 earnings per share. Williams Companies’s revenue for the quarter 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. Equities analysts predict that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared 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 is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

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.