Hsbc Holdings PLC Buys 272,250 Shares of Williams Companies, Inc. (The) $WMB

Hsbc Holdings PLC grew its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 11.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,611,216 shares of the pipeline company’s stock after purchasing an additional 272,250 shares during the period. Hsbc Holdings PLC owned approximately 0.21% of Williams Companies worth $194,429,000 at the end of the most recent quarter.

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

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Wilson sold 2,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total value of $151,120.00. Following the completion of the transaction, the senior vice president directly owned 264,259 shares in the company, valued at approximately $19,967,410.04. This represents a 0.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 19,000 shares of company stock valued at $1,414,050 in the last quarter. Insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

WMB stock opened at $74.17 on Monday. The stock has a market capitalization of $90.72 billion, a price-to-earnings ratio of 29.55, a PEG ratio of 1.54 and a beta of 0.59. The firm’s 50-day moving average price is $73.30 and its two-hundred day moving average price is $73.50. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07.

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

Williams Companies Announces Dividend

The firm also recently declared 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 of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

Analyst Ratings Changes

Several brokerages have recently commented on WMB. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. UBS Group restated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Barclays increased 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. Finally, JPMorgan Chase & Co. lifted their target price on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $85.60.

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.