Shepherd Financial Partners LLC Acquires Shares of 18,262 Williams Companies, Inc. (The) $WMB

Shepherd Financial Partners LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, Holdings Channel reports. The institutional investor bought 18,262 shares of the pipeline company’s stock, valued at approximately $1,358,000.

Several other hedge funds have also made changes to their positions in the business. Johnson Financial Group Inc. acquired a new position in Williams Companies in the 2nd quarter valued at about $263,000. Tocqueville Asset Management L.P. acquired a new stake in Williams Companies during the 2nd quarter worth approximately $409,000. NewEdge Wealth LLC acquired a new stake in Williams Companies during the 2nd quarter worth approximately $8,476,000. Amplify Investments LLC purchased a new position in shares of Williams Companies in the 2nd quarter valued at approximately $596,000. Finally, Great Lakes Advisors LLC acquired a new position in shares of Williams Companies in the second quarter valued at approximately $3,608,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on WMB shares. Canadian Imperial Bank of Commerce upped their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Barclays lifted their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Stifel Nicolaus upped their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Finally, Citigroup boosted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $85.60.

Williams Companies Trading Down 2.5%

NYSE:WMB opened at $73.25 on Thursday. The stock has a fifty day moving average price of $73.40 and a two-hundred day moving average price of $73.11. The stock has a market capitalization of $89.60 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.52 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates 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 the consensus estimate of $2.83 billion. During the same quarter last year, the company earned $0.46 earnings per share. Williams Companies’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, sell-side analysts anticipate that Williams Companies, Inc. will post 2.52 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be paid a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, 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 this link. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 over the last quarter. 0.47% of the stock is currently owned by insiders.

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.