Williams Companies, Inc. (The) $WMB Stock Sold by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP cut its Williams Companies stake by 94.2% in the second quarter, selling 71,221 shares and retaining 4,376 shares valued at approximately $325,000. Hedge funds and institutional investors collectively own 86.44% of WMB.
• Williams reported quarterly revenue of $3.05 billion, up 9.8% year over year and above analyst expectations, while adjusted earnings of $0.50 per share matched estimates. The company maintained fiscal 2026 EPS guidance of $2.35.
• Williams declared a quarterly dividend of $0.525 per share, equivalent to an annualized $2.10 and a 3.0% yield. Analysts maintain a consensus “Buy” rating with an average price target of $85.94, compared with a recent share price of $69.26.

Engineers Gate Manager LP reduced its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 94.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,376 shares of the pipeline company's stock after selling 71,221 shares during the quarter. Engineers Gate Manager LP's holdings in Williams Companies were worth $325,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the business. Main Street Group LTD purchased a new stake in shares of Williams Companies during the 1st quarter valued at about $26,000. Allied Private Wealth LLC purchased a new stake in Williams Companies during the 2nd quarter worth $28,000. Bayforest Capital Ltd purchased a new stake in Williams Companies during the 2nd quarter worth $28,000. Cornerstone Financial Management LLC boosted its holdings in Williams Companies by 56.3% in the second quarter. Cornerstone Financial Management LLC now owns 386 shares of the pipeline company's stock valued at $29,000 after purchasing an additional 139 shares during the last quarter. Finally, Frazier Financial Advisors LLC grew its stake in Williams Companies by 59.4% during the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company's stock valued at $30,000 after purchasing an additional 155 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company's stock.

Insiders Place Their Bets

In related news, SVP Terrance Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00. Following the transaction, the senior vice president owned 264,259 shares in the company, valued at $19,967,410.04. This trade represents a 0.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 19,000 shares of company stock valued at $1,414,050 over the last three months. Corporate insiders own 0.47% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $69.26 on Friday. Williams Companies, Inc. has a 12-month low of $56.19 and a 12-month high of $80.07. The company has a market cap of $84.72 billion, a PE ratio of 27.59, a P/E/G ratio of 1.49 and a beta of 0.59. The stock has a 50 day simple moving average of $72.66 and a 200-day simple moving average of $73.31. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same period last year, the firm earned $0.46 EPS. 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. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.41 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be paid a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies's payout ratio is currently 83.67%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on WMB. JPMorgan Chase & Co. upped their target price on Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a research report on Wednesday, July 1st. Stifel Nicolaus began coverage on shares of Williams Companies in a research note on Thursday, September 10th. They issued a "buy" rating and a $85.00 target price on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Williams Companies in a research report on Monday. Royal Bank Of Canada increased their target price on Williams Companies from $83.00 to $87.00 and gave the stock an "outperform" rating in a report on Monday, August 10th. Finally, Wall Street Zen cut shares of Williams Companies from a "hold" rating to a "sell" rating in a report on Saturday, August 8th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Williams Companies presently has a consensus rating of "Buy" and an average target price of $85.94.

About Williams Companies

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.

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