PensionDanmark Pensionsforsikringsaktieselskab Grows Holdings in Williams Companies, Inc. (The) $WMB

Key Points

• PensionDanmark increased its Williams Companies stake by 10.6% in the second quarter, adding 20,800 shares to hold 217,463 shares valued at approximately $16.2 million. Institutional investors collectively own 86.44% of the company.
• Williams Companies reported quarterly EPS of $0.50, matching estimates, while revenue of $3.05 billion exceeded forecasts and rose 9.8% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $83.62.
• The company declared a quarterly dividend of $0.525 per share, equivalent to $2.10 annually and a 3.0% yield. Recent insider activity was negative, with executives selling 18,500 shares worth about $1.4 million over three months.

PensionDanmark Pensionsforsikringsaktieselskab raised its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 10.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 217,463 shares of the pipeline company's stock after purchasing an additional 20,800 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab's holdings in Williams Companies were worth $16,166,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Towne Trust Company N.A grew its holdings 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 worth $26,000 after purchasing an additional 162 shares during the last quarter. Main Street Group LTD bought a new stake in Williams Companies during the 1st quarter valued at about $26,000. Motiv8 Investments LLC purchased a new stake in Williams Companies in the 4th quarter valued at about $27,000. Clearstead Trust LLC grew 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 acquiring an additional 186 shares in the last quarter. Finally, Kemnay Advisory Services Inc. bought a new position in Williams Companies in the 4th quarter worth about $29,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

Shares of WMB opened at $70.38 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.76 and a current ratio of 0.48. The company has a 50 day moving average price of $73.10 and a 200-day moving average price of $72.54. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock has a market capitalization of $86.08 billion, a PE ratio of 28.04, a PEG ratio of 1.79 and a beta of 0.58.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies's revenue was up 9.8% compared to the same quarter last year. During the same period last year, the company posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts predict that Williams Companies, Inc. will post 2.3 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies's dividend payout ratio (DPR) is currently 83.67%.

Insider Activity

In other news, COO Larry C. Larsen sold 12,000 shares of the business's stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer directly 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 position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $70.65, for a total value of $141,300.00. Following the sale, the senior vice president owned 281,159 shares of the company's stock, valued at $19,863,883.35. This trade represents a 0.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 18,500 shares of company stock worth $1,402,755. 0.47% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. JPMorgan Chase & Co. lifted their price target 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. 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. Canadian Imperial Bank of Commerce raised their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an "outperformer" rating in a report on Tuesday, May 26th. UBS Group reaffirmed a "buy" rating on shares of Williams Companies in a research report on Tuesday, July 14th. Finally, Royal Bank Of Canada upped their target price on Williams Companies from $82.00 to $83.00 and gave the stock an "outperform" rating in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $83.62.

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.

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