Ausdal Financial Partners Inc. Takes Position in Williams Companies, Inc. (The) $WMB

Key Points

• Ausdal Financial Partners initiated a position in Williams Companies during the second quarter, purchasing 26,415 shares valued at approximately $1.96 million. Institutional investors and hedge funds collectively own 86.44% of the company.
• Williams Companies reported quarterly EPS of $0.50, in line with estimates, while revenue of $3.05 billion exceeded expectations and rose 9.8% year over year.
• The company declared a quarterly dividend of $0.525 per share, equivalent to a 2.8% yield, while analysts maintain a consensus “Buy” rating with an average price target of $85.60.

Ausdal Financial Partners Inc. purchased a new position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 26,415 shares of the pipeline company's stock, valued at approximately $1,964,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Bank of America Corp DE acquired a new stake in shares of Williams Companies in the second quarter worth approximately $3,320,606,000. Freestone Grove Partners LP purchased a new stake in shares of Williams Companies during the second quarter worth $48,249,000. Caisse de depot et placement du Quebec acquired a new stake in shares of Williams Companies in the second quarter valued at about $47,738,000. Pointe Capital Management LLC purchased a new position in shares of Williams Companies in the second quarter worth about $809,000. Finally, Man Group plc purchased a new position in shares of Williams Companies in the second quarter worth about $1,949,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the business'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 value of $973,310.00. Following the sale, the senior vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 17,000 shares of company stock worth $1,262,930 in the last ninety days. 0.47% of the stock is owned by company insiders.

Williams Companies Trading Up 4.6%

WMB opened at $74.33 on Thursday. The stock has a market capitalization of $90.92 billion, a PE ratio of 29.61, a P/E/G ratio of 1.48 and a beta of 0.58. Williams Companies, Inc. has a one year low of $56.08 and a one year 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. The business's 50 day moving average price is $73.42 and its 200 day moving average price is $73.28.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $3.05 billion for 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 company's quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.45 EPS 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 dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies's dividend payout ratio (DPR) is 83.67%.

Analysts Set New Price Targets

A number of research firms recently weighed in on WMB. Wall Street Zen lowered shares of Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, August 8th. Canadian Imperial Bank of Commerce raised their target price on shares of Williams Companies from $83.00 to $85.00 and gave the stock an "outperformer" rating in a research note on Tuesday, May 26th. Citigroup boosted their target price on Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, May 8th. Jefferies Financial Group dropped their price target on Williams Companies from $87.00 to $85.00 and set a "buy" rating for the company in a research report on Wednesday, July 1st. Finally, Wells Fargo & Company increased their price target on Williams Companies from $89.00 to $90.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus 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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