Williams Companies, Inc. (The) $WMB Shares Sold by Energy Income Partners LLC

Key Points

• Energy Income Partners reduced its Williams Companies stake by 1.5%, selling 22,079 shares and retaining 1.44 million shares valued at approximately $106.8 million. Institutional investors collectively own 86.44% of WMB.
• Williams reported quarterly EPS of $0.50, in line with estimates, while revenue of $3.05 billion exceeded forecasts and increased 9.8% year over year. Shares recently opened at $75.25, within a 52-week range of $55.82 to $80.07.
• The company declared a quarterly dividend of $0.525 per share, equivalent to $2.10 annually and a 2.8% yield. Analysts maintain a consensus “Buy” rating with an average price target of $85.60.

Energy Income Partners LLC lessened its position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 1.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,436,383 shares of the pipeline company's stock after selling 22,079 shares during the quarter. Williams Companies comprises 1.7% of Energy Income Partners LLC's investment portfolio, making the stock its 19th biggest holding. Energy Income Partners LLC owned about 0.12% of Williams Companies worth $106,781,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Main Street Group LTD purchased a new position in Williams Companies during the 1st quarter worth $26,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies during the second quarter worth about $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies in the second quarter valued at approximately $28,000. Frazier Financial Advisors LLC grew its position in Williams Companies by 59.4% in the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company's stock valued at $30,000 after buying an additional 155 shares during the last quarter. Finally, Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth $27,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 13,000 shares of Williams Companies stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders sold 17,000 shares of company stock valued at $1,262,930 over the last 90 days. Company insiders own 0.47% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $75.25 on Wednesday. The firm has a market cap of $92.05 billion, a price-to-earnings ratio of 29.98, a P/E/G ratio of 1.58 and a beta of 0.59. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The business's 50-day simple moving average is $73.38 and its 200-day simple moving average is $73.07. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts' consensus estimates 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%. The company's quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last 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, equities research analysts expect that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WMB shares. The Goldman Sachs Group reissued a "buy" rating and set a $82.00 target price on shares of Williams Companies in a research note on Tuesday, July 14th. Truist Financial boosted their price target on Williams Companies from $84.00 to $88.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. JPMorgan Chase & Co. upped their price objective 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. TD Cowen lifted their target price on Williams Companies from $81.00 to $87.00 and gave the stock a "buy" rating in a research report on Thursday, May 7th. Finally, Wolfe Research upgraded shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 21st. Three 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. According to MarketBeat.com, Williams Companies presently has an average rating of "Buy" and a consensus target price 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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