Elevation Point Wealth Partners LLC Makes New $9.12 Million Investment in Williams Companies, Inc. (The) $WMB

Key Points

• Elevation Point Wealth Partners purchased 122,628 Williams Companies shares worth approximately $9.12 million, while institutional investors collectively own 86.44% of the stock.
• Williams reported quarterly EPS of $0.50, in line with estimates, while revenue of $3.05 billion beat expectations and rose 9.8% year over year. The company also declared a $0.525 quarterly dividend, representing a 3.0% annualized yield.
• Analyst sentiment remains broadly positive, with an average “Buy” rating and an $85.60 price target, although US Capital Advisors lowered its 2027 and 2028 EPS forecasts. An insider also sold 13,000 shares for approximately $973,000.

Elevation Point Wealth Partners LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 122,628 shares of the pipeline company's stock, valued at approximately $9,116,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Brighton Jones LLC raised its holdings in Williams Companies by 40.9% during the fourth 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 in the last quarter. Treasurer of the State of North Carolina grew its holdings in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company's stock valued at $35,734,000 after purchasing an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in Williams Companies by 3.0% in 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 increased its position in shares of Williams Companies by 160.1% in the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company's stock valued at $10,366,000 after buying an additional 101,574 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies 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 completion of 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 accessible through this hyperlink. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 in the last quarter. 0.47% of the stock is currently owned by company insiders.

Williams Companies News Summary

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.

Williams Companies Stock Down 1.4%

WMB opened at $70.71 on Friday. The firm has a market cap of $86.49 billion, a P/E ratio of 28.17, a PEG ratio of 1.45 and a beta of 0.58. The business's fifty day simple moving average is $73.38 and its 200 day simple moving average is $73.13. Williams Companies, Inc. has a 52 week low of $56.08 and a 52 week high of $80.07. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

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 (EPS) for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the company earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts anticipate that Williams Companies, Inc. will post 2.45 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. Investors of record on Friday, September 11th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. Williams Companies's dividend payout ratio (DPR) is 83.67%.

Analyst Ratings Changes

Several research firms have recently issued reports on WMB. Barclays lifted their price target on Williams Companies from $73.00 to $75.00 and gave the stock an "equal weight" rating in a research note on Wednesday, July 8th. JPMorgan Chase & Co. increased their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Scotiabank raised their target price on shares of Williams Companies from $85.00 to $86.00 and gave the company a "sector outperform" rating in a report on Tuesday, May 12th. UBS Group reaffirmed a "buy" rating on shares of Williams Companies in a report on Tuesday, July 14th. Finally, 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. 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 stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average 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.

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source