Williams Companies, Inc. (The) $WMB Shares Sold by Deutsche Bank AG

Deutsche Bank AG lowered its holdings in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 7.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 17,615,045 shares of the pipeline company's stock after selling 1,353,178 shares during the quarter. Deutsche Bank AG owned about 1.44% of Williams Companies worth $1,309,502,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in WMB. Main Street Group LTD acquired a new stake in Williams Companies during the first quarter worth approximately $26,000. Motiv8 Investments LLC acquired a new position in shares of Williams Companies in the 4th quarter valued at $27,000. Allied Private Wealth LLC acquired a new position in shares of Williams Companies in the 2nd quarter valued at $28,000. Bayforest Capital Ltd purchased a new position in shares of Williams Companies in the 2nd quarter valued at $28,000. Finally, Clearstead Trust LLC grew its position in shares of Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company's stock valued at $29,000 after buying an additional 186 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm's stock in a transaction on Friday, August 14th. The stock was 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 owned 268,159 shares of the company's stock, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 17,000 shares of company stock valued at $1,262,930 in the last quarter. 0.47% of the stock is owned by insiders.

Williams Companies Trading Down 2.2%

Shares of Williams Companies stock opened at $73.55 on Tuesday. The firm has a market cap of $89.96 billion, a price-to-earnings ratio of 29.30, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The company's 50-day simple moving average is $73.31 and its 200-day simple moving average is $73.01. 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 announced its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter last year, the firm earned $0.46 earnings per share. The firm's revenue 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. As a group, equities research analysts anticipate that Williams Companies, Inc. will post 2.43 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. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies's dividend payout ratio (DPR) is currently 83.67%.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on WMB shares. JPMorgan Chase & Co. boosted their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a research report 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. Scotiabank raised their price objective on Williams Companies from $85.00 to $86.00 and gave the stock a "sector outperform" rating in a report on Tuesday, May 12th. Stifel Nicolaus lifted their target price on Williams Companies from $78.00 to $83.00 and gave the stock a "buy" rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley boosted their target price on Williams Companies from $98.00 to $99.00 and gave the company an "overweight" rating in a report 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 assigned a Hold rating to the company's stock. According to MarketBeat, Williams Companies currently has an average rating of "Buy" and an average price target of $85.33.

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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