Williams Companies, Inc. (The) $WMB Shares Purchased by NEOS Investment Management LLC

Key Points

• NEOS Investment Management increased its Williams Companies position by 34.1% in the second quarter, acquiring 270,948 shares for a total holding valued at approximately $79.3 million. Institutional investors and hedge funds collectively own 86.44% of WMB.
• Williams reported quarterly EPS of $0.50, in line with estimates, while revenue rose 9.8% year over year to $3.05 billion, exceeding expectations. The company also declared a quarterly dividend of $0.525 per share, representing a 2.8% yield.
• Analysts maintain a consensus “Buy” rating with an average price target of $85.60, compared with recent trading near $74.11. However, an executive sold 2,000 shares and insiders sold 19,000 shares worth $1.4 million during the last quarter.

NEOS Investment Management LLC boosted its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 34.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,066,577 shares of the pipeline company's stock after buying an additional 270,948 shares during the period. NEOS Investment Management LLC owned approximately 0.09% of Williams Companies worth $79,289,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of WMB. Continuum Advisory LLC boosted its holdings in shares of Williams Companies by 0.7% in the second quarter. Continuum Advisory LLC now owns 56,508 shares of the pipeline company's stock valued at $4,201,000 after acquiring an additional 373 shares in the last quarter. Nykredit A S purchased a new position in Williams Companies during the second quarter worth about $13,110,000. B. Metzler seel. Sohn & Co. AG raised its holdings in Williams Companies by 3.3% during the second quarter. B. Metzler seel. Sohn & Co. AG now owns 69,301 shares of the pipeline company's stock worth $5,152,000 after purchasing an additional 2,224 shares in the last quarter. Coppell Advisory Solutions LLC acquired a new stake in Williams Companies in the second quarter valued at about $949,000. Finally, Laidlaw Wealth Management LLC acquired a new stake in Williams Companies in the second quarter valued at about $302,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Wilson sold 2,000 shares of the business's stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.56, for a total transaction of $151,120.00. Following the sale, the senior vice president directly owned 264,259 shares in the company, valued at approximately $19,967,410.04. The trade was a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 19,000 shares of company stock worth $1,414,050 in the last quarter. 0.47% of the stock is currently owned by insiders.

Williams Companies Trading Down 1.4%

Shares of WMB opened at $74.11 on Friday. 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 firm has a market capitalization of $90.65 billion, a P/E ratio of 29.53, a PEG ratio of 1.56 and a beta of 0.59. The firm's 50-day moving average is $73.38 and its two-hundred day moving average is $73.49.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.50. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period last year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies's payout ratio is currently 83.67%.

Williams Companies News Summary

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: $5.5 billion Momentum Midstream acquisition completed: Williams said the deal expands its Haynesville shale footprint and strengthens its ability to serve growing Gulf Coast LNG, power-generation and industrial demand. The transaction includes approximately $3.5 billion in cash and debt consideration plus $2 billion in equity, potentially adding long-term growth to Williams’ natural-gas infrastructure business. The Williams Companies Strengthens its Natural Gas Growth Engine with Momentum Deal
• Positive Sentiment: Supportive earnings and dividend profile: Recent results showed earnings in line with estimates at $0.50 per share while revenue of $3.05 billion exceeded expectations and increased 9.8% year over year. Williams also declared a $0.525 quarterly dividend, or $2.10 annualized, providing an approximately 2.8% yield. Analysts maintain a consensus “Buy” rating with an $85.60 price target, above recent trading levels.
• Neutral Sentiment: Prospectus filed for a large share resale: Williams filed a prospectus supplement covering the resale of shares, likely associated with equity issued in connection with the Momentum transaction. While the filing does not change the company’s operations, the potential increase in publicly available shares may create a near-term supply or dilution overhang. Williams Companies Files Prospectus for Large Share Resale
• Negative Sentiment: Executive stock sale adds a modest sentiment headwind: Senior Vice President Terrance Lane Wilson sold 2,000 shares for approximately $151,120. The sale reduced his direct ownership by 0.75%; although small relative to his remaining 264,259 shares, it follows several earlier sales and may attract some investor attention. Terrance Lane Wilson Sells 2,000 Shares of Williams Companies Stock

Analyst Ratings Changes

Several research firms have issued reports on WMB. JPMorgan Chase & Co. boosted their target price on Williams Companies from $88.00 to $89.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 1st. Citigroup raised their price target on Williams Companies from $81.00 to $83.00 and gave the company a "buy" rating in a report on Friday, May 8th. Scotiabank lifted their price target on Williams Companies from $85.00 to $86.00 and gave the company a "sector outperform" rating in a research note on Tuesday, May 12th. Canadian Imperial Bank of Commerce upped 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. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Williams Companies in a research report on Wednesday, June 24th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $85.60.

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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