Bank of New York Mellon Corp Sells 259,484 Shares of Williams Companies, Inc. (The) $WMB

Bank of New York Mellon Corp decreased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,789,163 shares of the pipeline company's stock after selling 259,484 shares during the period. Bank of New York Mellon Corp owned about 0.64% of Williams Companies worth $579,046,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in WMB. Main Street Group LTD bought a new stake in shares of Williams Companies in the 1st quarter worth about $26,000. Motiv8 Investments LLC purchased a new stake in Williams Companies during the 4th quarter valued at about $27,000. Allied Private Wealth LLC acquired a new position in Williams Companies in the 2nd quarter worth approximately $28,000. Bayforest Capital Ltd acquired a new position in Williams Companies during the second quarter valued at $28,000. Finally, Clearstead Trust LLC boosted its stake in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock worth $29,000 after buying an additional 186 shares during the last quarter. Institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Royal Bank Of Canada boosted their price target on shares of Williams Companies from $83.00 to $87.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. Canadian Imperial Bank of Commerce lifted 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. Wall Street Zen downgraded shares of Williams Companies from a "hold" rating to a "sell" rating in a research note on Saturday, August 8th. UBS Group reissued a "buy" rating on shares of Williams Companies in a report on Tuesday, July 14th. Finally, TD Cowen increased their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Three research 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 stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $85.60.

Key Headlines Impacting Williams Companies

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.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business's stock in a transaction on Friday, August 14th. The stock was 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 directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 17,000 shares of company stock worth $1,262,930 in the last ninety days. Insiders own 0.47% of the company's stock.

Williams Companies Stock Performance

NYSE:WMB opened at $70.71 on Friday. The firm's fifty day simple moving average is $73.38 and its 200-day simple moving average is $73.13. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock has a market cap of $86.49 billion, a PE ratio of 28.17, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two 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 for the quarter, hitting analysts' consensus estimates of $0.50. The business had revenue of $3.05 billion for 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 company's revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts expect that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared 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 dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies's dividend payout ratio (DPR) is currently 83.67%.

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.

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