Williams Companies, Inc. (The) $WMB Stock: Banque Pictet & Cie SA Grows Holdings

Key Points

• Banque Pictet & Cie SA increased its Williams Companies stake by 2,336.6% in the third quarter, purchasing 84,116 additional shares and bringing its holdings to 87,716 shares valued at approximately $5.96 million. Institutional investors own 86.44% of WMB.
• Williams reported quarterly revenue of $3.05 billion, up 9.8% year over year and above estimates, while earnings of $0.50 per share matched consensus expectations.
• The company maintains a quarterly dividend of $0.525 per share, equivalent to a $2.10 annualized payout and a 2.9% yield. Analysts remain broadly positive, with an average “Buy” rating and an average price target of $86.24.

Banque Pictet & Cie SA raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 2,336.6% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 87,716 shares of the pipeline company's stock after purchasing an additional 84,116 shares during the period. Banque Pictet & Cie SA's holdings in Williams Companies were worth $5,962,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Apella Capital LLC raised its position in Williams Companies by 2.3% in the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company's stock worth $450,000 after acquiring an additional 134 shares in the last quarter. Cornerstone Financial Management LLC lifted its holdings in Williams Companies by 56.3% in the 2nd quarter. Cornerstone Financial Management LLC now owns 386 shares of the pipeline company's stock valued at $29,000 after acquiring an additional 139 shares during the last quarter. Mirador Capital Partners LP lifted its holdings in Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company's stock valued at $1,201,000 after acquiring an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC lifted its holdings in Williams Companies by 3.8% in the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company's stock valued at $285,000 after acquiring an additional 140 shares during the last quarter. Finally, Eagle Bay Advisors LLC boosted its position in shares of Williams Companies by 5.2% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company's stock valued at $222,000 after purchasing an additional 148 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of WMB opened at $71.34 on Friday. Williams Companies, Inc. has a one year low of $56.19 and a one year high of $80.07. The company has a 50-day moving average of $72.38 and a two-hundred day moving average of $73.05. The stock has a market cap of $87.26 billion, a price-to-earnings ratio of 28.42, a PEG ratio of 1.50 and a beta of 0.64. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.

Williams Companies (NYSE:WMB - Get Free Report) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.46 earnings per share. The firm's quarterly 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. On average, equities research analysts expect that Williams Companies, Inc. will post 2.42 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Friday, September 11th were given a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date was Friday, September 11th. Williams Companies's payout ratio is presently 83.67%.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Wilson sold 13,000 shares of the business's stock in a transaction 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 sale, the senior vice president directly owned 268,159 shares of the company's stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 19,000 shares of company stock worth $1,401,430. Insiders own 0.47% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Capital One Financial began coverage on shares of Williams Companies in a report on Tuesday, September 22nd. They issued an "overweight" rating and a $92.00 target price on the stock. UBS Group reissued a "buy" rating on shares of Williams Companies in a research note on Tuesday, July 14th. Weiss Ratings restated a "buy (b)" rating on shares of Williams Companies in a report on Monday, September 21st. Finally, Jefferies Financial Group reduced their target price on shares of Williams Companies from $85.00 to $83.00 and set a "buy" rating for the company in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and an average price target of $86.24.

Williams Companies Company Profile

The Williams Companies, Inc is an energy infrastructure company headquartered in Tulsa, Oklahoma. Founded in 1908 as Williams Brothers, the company has evolved from an early pipeline contractor into a major operator of natural gas infrastructure in the United States.

Williams primarily gathers, processes, transports and stores natural gas and natural gas liquids. Its assets include interstate and regional pipelines, gas processing and fractionation facilities, storage operations, and gathering systems that connect producers with utilities, industrial customers, power generators and other energy markets.

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