Nykredit A S Invests $13.11 Million in Williams Companies, Inc. (The) $WMB

Key Points

• Nykredit A/S acquired 176,346 shares of Williams Companies during the second quarter, valued at approximately $13.11 million. Institutional investors collectively own 86.44% of the company’s stock.
• Analysts maintain a favorable outlook, with Williams receiving a consensus “Buy” rating and an average price target of $85.67, above its reported $72.10 share price.
• Williams reported quarterly revenue of $3.05 billion, up 9.8% year over year, and matched earnings expectations at $0.50 per share. The company also declared a quarterly dividend of $0.525 per share, representing a 2.9% annualized yield.

Nykredit A S bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 176,346 shares of the pipeline company's stock, valued at approximately $13,110,000.

A number of other hedge funds have also made changes to their positions in WMB. Apella Capital LLC increased its stake in shares of Williams Companies by 2.3% during the 2nd quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company's stock worth $450,000 after purchasing an additional 134 shares in the last quarter. Cornerstone Financial Management LLC increased its stake in Williams Companies by 56.3% in the second quarter. Cornerstone Financial Management LLC now owns 386 shares of the pipeline company's stock valued at $29,000 after purchasing an additional 139 shares during the last quarter. Mirador Capital Partners LP increased its stake in shares of Williams Companies by 0.9% during the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company's stock valued at $1,201,000 after acquiring an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC raised its stake in Williams Companies by 3.8% during the second quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company's stock worth $285,000 after purchasing an additional 140 shares during the period. Finally, Mill Creek Capital Advisors LLC raised its position in shares of Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company's stock worth $361,000 after buying an additional 141 shares during the period. Hedge funds and other institutional investors own 86.44% of the company's stock.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Wilson sold 2,000 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00. Following the completion of the sale, the senior vice president directly owned 264,259 shares of the company's stock, valued at approximately $19,967,410.04. This represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 19,000 shares of company stock worth $1,414,050. 0.47% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on WMB shares. JPMorgan Chase & Co. raised their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a report on Wednesday, July 1st. Canadian Imperial Bank of Commerce boosted their price target on Williams Companies from $83.00 to $85.00 and gave the stock an "outperformer" rating in a research note on Tuesday, May 26th. Royal Bank Of Canada increased their price objective on shares of Williams Companies from $83.00 to $87.00 and gave the company an "outperform" rating in a research note on Monday, August 10th. Stifel Nicolaus assumed coverage on Williams Companies in a research report on Thursday, September 10th. They issued a "buy" rating and a $85.00 target price for the company. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Williams Companies in a report on Wednesday, June 24th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $85.67.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $72.10 on Monday. The stock has a fifty day moving average price of $73.05 and a two-hundred day moving average price of $73.46. The firm has a market cap of $88.19 billion, a P/E ratio of 28.73, a PEG ratio of 1.51 and a beta of 0.59. Williams Companies, Inc. has a 1 year low of $56.19 and a 1 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.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same period in the previous year, the business earned $0.46 earnings per share. Williams Companies's revenue for the quarter was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts forecast that Williams Companies, Inc. will post 2.43 EPS for the current fiscal 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 given a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies's payout ratio is 83.67%.

About Williams Companies

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.

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