BTG Pactual Asset Management US LLC Takes Position in Williams Companies, Inc. (The) $WMB

BTG Pactual Asset Management US LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 36,530 shares of the pipeline company’s stock, valued at approximately $2,716,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new position in Williams Companies during the second quarter valued at approximately $3,320,606,000. Norges Bank acquired a new stake in shares of Williams Companies in the fourth quarter worth $747,749,000. Wellington Management Group LLP boosted its holdings in shares of Williams Companies by 43.4% during the 2nd quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company’s stock worth $2,460,446,000 after buying an additional 10,013,946 shares during the period. Legal & General Group Plc bought a new stake in shares of Williams Companies during the 2nd quarter worth $596,077,000. Finally, BROOKFIELD Corp ON grew its stake in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Truist Financial boosted 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. Morgan Stanley raised their price target on Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Canadian Imperial Bank of Commerce increased their target price on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $85.60.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’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 value of $973,310.00. Following the completion of the sale, the senior vice president owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last ninety days, insiders sold 17,000 shares of company stock valued at $1,262,930. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $73.75 on Monday. 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 PE ratio of 29.38, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59. The firm has a fifty day moving average price of $73.46 and a two-hundred day moving average price of $73.37. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) 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 for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm posted $0.46 EPS. 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 expect that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Dividend Announcement

The company 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 $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio is 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.