ABN AMRO Bank N.V. Buys 27,755 Shares of Williams Companies, Inc. (The) $WMB

ABN AMRO Bank N.V. lifted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 18.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 180,730 shares of the pipeline company's stock after acquiring an additional 27,755 shares during the quarter. ABN AMRO Bank N.V.'s holdings in Williams Companies were worth $13,467,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WMB. Brighton Jones LLC lifted its holdings in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock worth $740,000 after purchasing an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC boosted its position in Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company's stock worth $291,000 after purchasing an additional 242 shares during the period. Treasurer of the State of North Carolina boosted its position in Williams Companies by 2.1% during the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company's stock worth $35,734,000 after purchasing an additional 11,926 shares during the period. Main Street Financial Solutions LLC grew its holdings in Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company's stock valued at $644,000 after purchasing an additional 296 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company's stock valued at $10,366,000 after purchasing an additional 101,574 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $70.65, for a total value of $141,300.00. Following the sale, the senior vice president directly owned 281,159 shares in the company, valued at $19,863,883.35. This represents a 0.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Trading Down 0.2%

Shares of WMB stock opened at $75.04 on Monday. The firm has a fifty day moving average of $73.27 and a 200-day moving average of $72.96. The stock has a market cap of $91.79 billion, a price-to-earnings ratio of 29.90, a P/E/G ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts' consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The firm's revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business 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 annualized dividend and a yield of 2.8%. Williams Companies's payout ratio is currently 83.67%.

Analyst Ratings Changes

WMB has been the subject of a number of analyst reports. Citigroup boosted their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a research note on Friday, May 8th. Stifel Nicolaus upped their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a "buy" rating in a report on Wednesday, May 6th. Jefferies Financial Group lowered their price target on Williams Companies from $87.00 to $85.00 and set a "buy" rating on the stock in a research report on Wednesday, July 1st. Royal Bank Of Canada lifted their price objective on Williams Companies from $83.00 to $87.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. Finally, Wall Street Zen cut Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Three 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 stock. According to MarketBeat, Williams Companies has an average rating of "Buy" and an average price target of $85.33.

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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