1,099,040 Shares in Williams Companies, Inc. (The) $WMB Purchased by Corient Private Wealth LP

Corient Private Wealth LP purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,099,040 shares of the pipeline company's stock, valued at approximately $81,705,000. Corient Private Wealth LP owned 0.09% of Williams Companies as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMB. Bank of America Corp DE acquired a new stake in Williams Companies in the 2nd quarter valued at $3,320,606,000. Norges Bank bought a new stake in Williams Companies in the fourth quarter valued at $747,749,000. Legal & General Group Plc acquired a new position in Williams Companies during the second quarter worth $596,077,000. BROOKFIELD Corp ON raised its stake 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 worth $755,490,000 after acquiring an additional 7,884,730 shares in the last quarter. Finally, Kayne Anderson Capital Advisors LP bought a new position in shares of Williams Companies during the second quarter valued at $500,305,000. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

Shares of WMB stock opened at $74.33 on Thursday. The stock's fifty day moving average is $73.42 and its 200-day moving average is $73.28. 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 stock has a market capitalization of $90.92 billion, a PE ratio of 29.61, a PEG ratio of 1.48 and a beta of 0.58. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.50. The business had revenue of $3.05 billion during 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%.The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities research analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend 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%.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company's stock in a transaction that occurred on 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 17,000 shares of company stock valued at $1,262,930 over the last ninety days. Insiders own 0.47% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Jefferies Financial Group reduced their target price on shares of Williams Companies from $87.00 to $85.00 and set a "buy" rating on the stock in a research note on Wednesday, July 1st. Morgan Stanley lifted their price target on shares of Williams Companies from $99.00 to $103.00 and gave the company an "overweight" rating in a report on Tuesday, August 18th. Stifel Nicolaus boosted their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a "buy" rating in a research report on Wednesday, May 6th. TD Cowen upped their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a "buy" rating in a research note on Thursday, May 7th. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price 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.

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