OMERS ADMINISTRATION Corp Invests $3.87 Million in Williams Companies, Inc. (The) $WMB

OMERS ADMINISTRATION Corp bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, HoldingsChannel reports. The fund bought 52,086 shares of the pipeline company’s stock, valued at approximately $3,872,000.

Other large investors have also recently bought and sold shares of the company. Apella Capital LLC lifted its holdings in Williams Companies by 2.3% during the 2nd quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock worth $450,000 after buying an additional 134 shares during the last quarter. Mirador Capital Partners LP increased its holdings in shares of Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock valued at $1,201,000 after acquiring an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC increased its holdings in shares of Williams Companies by 3.8% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock valued at $285,000 after acquiring an additional 140 shares during the last quarter. Mill Creek Capital Advisors LLC raised its position in shares of Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after acquiring an additional 141 shares in the last quarter. Finally, Eagle Bay Advisors LLC lifted its stake in Williams Companies by 5.2% during the second quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock worth $222,000 after purchasing an additional 148 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

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 that occurred 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 completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is owned by corporate insiders.

Williams Companies Trading Up 0.0%

Shares of Williams Companies stock opened at $71.00 on Wednesday. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year 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 company has a market capitalization of $86.84 billion, a P/E ratio of 28.29, a PEG ratio of 1.48 and a beta of 0.58. The company’s fifty day moving average is $73.36 and its two-hundred day moving average is $73.23.

Williams Companies (NYSE:WMB) last announced 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 net margin of 25.17% and a return on equity of 18.49%. The business 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 earned $0.46 earnings per share. The business’s 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. Analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is 83.67%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on WMB shares. Citigroup upped their price target on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Barclays upped their target price on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Wells Fargo & Company increased their target price on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Stifel Nicolaus lifted their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and an average price target of $85.60.

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.