Comprehensive Money Management Services LLC Buys Shares of 14,063 Williams Companies, Inc. (The) $WMB

Key Points

• Comprehensive Money Management Services LLC acquired 14,063 Williams Companies shares in the second quarter, valued at approximately $1.05 million. Institutional investors and hedge funds collectively own 86.44% of WMB.
• Williams Companies reported quarterly revenue of $3.05 billion, up 9.8% year over year, while earnings per share of $0.50 matched analyst expectations. The company also declared a quarterly dividend of $0.525 per share, representing a 2.8% annualized yield.
• Analysts maintain a consensus “Buy” rating with an average price target of $85.60, compared with shares trading near $74.19. Separately, an executive sold 13,000 shares for approximately $973,310.

Comprehensive Money Management Services LLC purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 14,063 shares of the pipeline company's stock, valued at approximately $1,045,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMB. Main Street Group LTD acquired a new position in Williams Companies during the first quarter worth $26,000. Motiv8 Investments LLC bought a new stake in Williams Companies during the 4th quarter worth about $27,000. Allied Private Wealth LLC bought a new stake in Williams Companies during the 2nd quarter worth about $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies during the 2nd quarter worth about $28,000. Finally, Clearstead Trust LLC boosted its stake in shares of Williams Companies by 62.2% during the 4th 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. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, 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 filing with the SEC, which is accessible through the SEC website. In the last ninety days, insiders have sold 17,000 shares of company stock worth $1,262,930. Company insiders own 0.47% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $74.19 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $90.75 billion, a P/E ratio of 29.56, a P/E/G ratio of 1.55 and a beta of 0.58. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The stock has a 50 day moving average of $73.44 and a 200-day moving average of $73.33.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly 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 return on equity of 18.49% and a net margin of 25.17%.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 prior year, the business earned $0.46 EPS. 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. As a group, equities research analysts predict 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. Stockholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies's dividend payout ratio (DPR) is currently 83.67%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Wells Fargo & Company lifted their target price on Williams Companies from $89.00 to $90.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Weiss Ratings restated a "buy (b)" rating on shares of Williams Companies in a research note on Wednesday, June 24th. Barclays boosted their price target on Williams Companies from $73.00 to $75.00 and gave the stock an "equal weight" rating in a research report on Wednesday, July 8th. Jefferies Financial Group dropped their price objective on Williams Companies from $87.00 to $85.00 and set a "buy" rating on the stock in a research note on Wednesday, July 1st. Finally, Citigroup increased their price objective on Williams Companies from $81.00 to $83.00 and gave the company a "buy" rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $85.60.

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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