Vega Investment Solutions Buys Shares of 142,865 Williams Companies, Inc. (The) $WMB

Vega Investment Solutions purchased a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 142,865 shares of the pipeline company's stock, valued at approximately $10,706,000. Williams Companies comprises 1.5% of Vega Investment Solutions' investment portfolio, making the stock its 16th biggest position.

Other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Williams Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company's stock valued at $8,052,537,000 after acquiring an additional 883,245 shares in the last quarter. State Street Corp raised its stake in Williams Companies by 1.9% in the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company's stock valued at $4,086,344,000 after purchasing an additional 1,296,991 shares during the last quarter. Bank of America Corp DE lifted its holdings in Williams Companies by 4.8% in the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company's stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares in the last quarter. Morgan Stanley boosted its stake in shares of Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company's stock worth $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Finally, Clearbridge Investments LLC grew its holdings in shares of Williams Companies by 21.3% during the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company's stock worth $1,281,875,000 after buying an additional 3,748,126 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $71.02 on Tuesday. The business's fifty day moving average price is $73.37 and its 200 day moving average price is $73.20. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07. 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 stock has a market capitalization of $86.87 billion, a P/E ratio of 28.29, a PEG ratio of 1.47 and a beta of 0.59.

Williams Companies (NYSE:WMB - Get Free Report) last announced 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. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm's revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, research analysts anticipate that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors 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 annualized dividend and a yield of 3.0%. Williams Companies's dividend payout ratio (DPR) is presently 83.67%.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business's stock in a transaction that occurred on 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 directly owned 268,159 shares in the company, valued at $20,077,064.33. The trade was a 4.62% 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. Insiders have sold 17,000 shares of company stock worth $1,262,930 over the last 90 days. Insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

WMB has been the topic of several recent analyst reports. TD Cowen upped their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a "buy" rating in a research note on Thursday, May 7th. Scotiabank increased their price target on Williams Companies from $85.00 to $86.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, May 12th. Royal Bank Of Canada lifted their price objective on Williams Companies from $83.00 to $87.00 and gave the company an "outperform" rating in a research report on Monday, August 10th. Morgan Stanley upped their target price on Williams Companies from $99.00 to $103.00 and gave the company an "overweight" rating in a research note on Tuesday, August 18th. Finally, The Goldman Sachs Group reissued a "buy" rating and issued a $82.00 price target on shares of Williams Companies in a research note on Tuesday, July 14th. Three investment 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's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target 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.

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