59,573 Shares in Williams Companies, Inc. (The) $WMB Purchased by Keebeck Wealth Management

Key Points

• Keebeck Wealth Management purchased 59,573 Williams Companies shares worth approximately $4.43 million during the second quarter. Institutional investors collectively own 86.44% of WMB’s outstanding stock.
• Williams reported solid quarterly results, with earnings of $0.50 per share matching estimates and revenue of $3.05 billion exceeding expectations by 9.8% year over year. The company also declared a quarterly dividend of $0.525, yielding about 3.0% annually.
• Analyst sentiment remains broadly positive, with an average “Buy” rating and an $85.60 price target, though US Capital Advisors lowered its 2027 and 2028 EPS forecasts, citing weaker expected earnings growth.

Keebeck Wealth Management purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 59,573 shares of the pipeline company's stock, valued at approximately $4,429,000.

A number of other large investors have also added to or reduced their stakes in WMB. Vanguard Group Inc. boosted its stake in Williams Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company's stock valued at $8,052,537,000 after acquiring an additional 883,245 shares during the last quarter. State Street Corp grew its position in shares of Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company's stock valued at $4,086,344,000 after acquiring an additional 1,296,991 shares during the period. Bank of America Corp DE increased its stake in shares of Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company's stock worth $2,768,298,000 after purchasing an additional 2,100,164 shares during the last quarter. Morgan Stanley increased its stake in shares of Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company's stock worth $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Finally, Clearbridge Investments LLC raised its holdings in shares of Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company's stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares during the period. Hedge funds and other institutional investors own 86.44% of the company's stock.

Key Williams Companies News

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: Morgan Stanley raised its price target for Williams Companies to $103, signaling substantial potential upside from recent trading levels and providing a constructive counterpoint to the earnings estimate cuts. Morgan Stanley Increases Williams Companies Price Target to $103
• Neutral Sentiment: The company’s latest reported quarter was solid: Williams earned $0.50 per share, matching consensus, while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Its fee-based pipeline operations provide relatively stable cash flows.
• Negative Sentiment: US Capital Advisors lowered its EPS forecasts across several periods, including fourth-quarter 2026 EPS to $0.57 from $0.60, first-quarter 2027 EPS to $0.55 from $0.59, second-quarter 2027 EPS to $0.40 from $0.48, and third-quarter 2027 EPS to $0.50 from $0.55.
• Negative Sentiment: The firm also reduced its full-year 2027 EPS estimate to $2.07 from $2.28 and its 2028 forecast to $2.67 from $2.86. These revisions suggest analysts see weaker near- to medium-term earnings growth than previously expected and are likely the main reason the stock has decreased.

Williams Companies Trading Down 1.4%

Shares of WMB stock opened at $70.71 on Friday. The stock has a market capitalization of $86.49 billion, a price-to-earnings ratio of 28.17, a PEG ratio of 1.48 and a beta of 0.58. The company's fifty day simple moving average is $73.38 and its two-hundred day simple moving average is $73.13. 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 current ratio of 0.48 and a quick ratio of 0.43.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts' consensus estimates of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the company earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, analysts anticipate that Williams Companies, Inc. will post 2.48 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 3.0%. Williams Companies's dividend payout ratio (DPR) is currently 83.67%.

Analyst Ratings Changes

Several equities analysts recently commented on WMB shares. UBS Group reiterated a "buy" rating on shares of Williams Companies in a research note on Tuesday, July 14th. JPMorgan Chase & Co. raised their target price on Williams Companies from $88.00 to $89.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 1st. Stifel Nicolaus boosted their target price on Williams Companies from $78.00 to $83.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. TD Cowen upped their price target on Williams Companies from $81.00 to $87.00 and gave the company a "buy" rating in a research report on Thursday, May 7th. Finally, Barclays increased their price target on Williams Companies from $73.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $85.60.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction dated 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 transaction, the senior vice president owned 268,159 shares of the company's stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 insiders.

About Williams Companies

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source