Czech National Bank Buys 15,518 Shares of Williams Companies, Inc. (The) $WMB

Key Points

• Czech National Bank increased its Williams Companies stake by 4.7% in the second quarter, adding 15,518 shares to own 348,112 shares valued at approximately $25.9 million. Institutional investors collectively own 86.44% of WMB.
• Williams Companies reported quarterly earnings of $0.50 per share, in line with estimates, while revenue rose 9.8% year over year to $3.05 billion, exceeding expectations.
• The company declared a quarterly dividend of $0.525 per share, equivalent to $2.10 annually and a 3.0% yield. Analysts maintain a consensus “Buy” rating with an average price target of $83.62.

Czech National Bank increased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 4.7% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 348,112 shares of the pipeline company's stock after purchasing an additional 15,518 shares during the period. Czech National Bank's holdings in Williams Companies were worth $25,879,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in WMB. Towne Trust Company N.A boosted its position in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company's stock valued at $26,000 after acquiring an additional 162 shares during the period. Main Street Group LTD bought a new stake in Williams Companies during the 1st quarter worth approximately $26,000. Motiv8 Investments LLC purchased a new stake in Williams Companies in the 4th quarter worth approximately $27,000. Clearstead Trust LLC lifted its stake in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock worth $29,000 after purchasing an additional 186 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in Williams Companies in the 4th quarter valued at $29,000. Institutional investors own 86.44% of the company's stock.

Williams Companies Stock Performance

NYSE WMB opened at $70.38 on Friday. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The company has a fifty day moving average of $73.10 and a 200-day moving average of $72.54. The company has a market capitalization of $86.08 billion, a P/E ratio of 28.04, a P/E/G ratio of 1.79 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.76 and a current ratio of 0.48.

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, 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 the consensus estimate of $2.83 billion. During the same quarter last year, the business posted $0.46 earnings per share. The company'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 2.3 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company 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 of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 3.0%. Williams Companies's dividend payout ratio is currently 83.67%.

Insiders Place Their Bets

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of the business's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the completion of the sale, the senior vice president directly owned 54,101 shares of the company's stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the sale, the chief operating officer owned 98,219 shares of the company's stock, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 18,500 shares of company stock valued at $1,402,755 over the last quarter. 0.47% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wolfe Research raised shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 21st. Royal Bank Of Canada lifted their price objective on Williams Companies from $82.00 to $83.00 and gave the company an "outperform" rating in a research note on Thursday, May 7th. Citigroup boosted their target price on Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a research report on Friday, May 8th. Stifel Nicolaus upped their target price on Williams Companies from $78.00 to $83.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised their price target on Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a report on Wednesday, July 1st. Four 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 company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $83.62.

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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