26,221 Shares in Williams Companies, Inc. (The) $WMB Purchased by Man Group plc

Key Points

• Man Group acquired 26,221 shares of Williams Companies in the second quarter, valued at approximately $1.95 million. Institutional investors collectively own 86.44% of the company.
• Williams reported quarterly revenue of $3.05 billion, up 9.8% year over year, while EPS of $0.50 matched analyst expectations. The company also maintained its quarterly dividend at $0.525 per share, equivalent to a 2.8% annual yield.
• Analysts remain positive on WMB, with a consensus “Buy” rating and an average price target of $85.60, compared with the stock’s reported price of $75.45.

Man Group plc acquired a new stake in 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 acquired 26,221 shares of the pipeline company's stock, valued at approximately $1,949,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Main Street Group LTD acquired a new stake in shares of Williams Companies in the 1st quarter valued at approximately $26,000. Motiv8 Investments LLC acquired a new position in Williams Companies during the fourth quarter worth $27,000. Allied Private Wealth LLC purchased a new position in Williams Companies in the second quarter worth $28,000. Bayforest Capital Ltd purchased a new position in Williams Companies in the second quarter worth $28,000. Finally, Clearstead Trust LLC lifted its holdings in Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock valued at $29,000 after acquiring an additional 186 shares during the period. Hedge funds and other institutional investors own 86.44% of the company's stock.

Williams Companies Trading Up 0.5%

Shares of WMB opened at $75.45 on Wednesday. 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 firm has a 50 day simple moving average of $73.45 and a 200-day simple moving average of $73.44. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The stock has a market cap of $92.29 billion, a price-to-earnings ratio of 30.06, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.

Williams Companies (NYSE:WMB - Get Free Report) 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 return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter in the prior year, the firm earned $0.46 EPS. Williams Companies's quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts forecast 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. Investors of record on Friday, September 11th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies's dividend payout ratio (DPR) is presently 83.67%.

Analyst Upgrades and Downgrades

WMB has been the topic of several research analyst reports. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Truist Financial increased their price target on shares of Williams Companies from $84.00 to $88.00 and gave the company a "buy" rating in a report on Wednesday, August 12th. Wells Fargo & Company boosted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. JPMorgan Chase & Co. increased their target price on shares of Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a report on Wednesday, July 1st. Finally, Royal Bank Of Canada lifted their price target on shares of Williams Companies from $83.00 to $87.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Three equities 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's stock. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of "Buy" and a consensus price target of $85.60.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the business's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president owned 268,159 shares of the company's stock, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last three months, insiders sold 17,000 shares of company stock worth $1,262,930. Company insiders own 0.47% of the company's stock.

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.

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