18,262 Shares in Williams Companies, Inc. (The) $WMB Bought by Shepherd Financial Partners LLC

Shepherd Financial Partners LLC purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,262 shares of the pipeline company’s stock, valued at approximately $1,358,000.

A number of other hedge funds also recently bought and sold shares of WMB. Vanguard Group Inc. increased its stake in shares of Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after buying an additional 883,245 shares during the period. State Street Corp raised its holdings in Williams Companies by 1.9% in the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after acquiring an additional 1,296,991 shares in the last quarter. Bank of America Corp DE lifted its stake in Williams Companies by 4.8% in the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock worth $2,768,298,000 after acquiring an additional 2,100,164 shares during the last quarter. Morgan Stanley grew its holdings in Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after acquiring an additional 3,314,851 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after acquiring an additional 3,748,126 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Down 2.5%

Shares of NYSE:WMB opened at $73.25 on Thursday. The firm has a 50 day simple moving average of $73.40 and a 200-day simple moving average of $73.11. 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 company has a market capitalization of $89.60 billion, a PE ratio of 29.18, a P/E/G ratio of 1.52 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its earnings results 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 for the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm posted $0.46 EPS. The company’s revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.52 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s payout ratio is 83.67%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s 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 completion of the sale, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 17,000 shares of company stock worth $1,262,930 in the last 90 days. 0.47% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Morgan Stanley raised their price objective on shares of Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a report on Tuesday. TD Cowen increased their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Wells Fargo & Company raised their price target on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research note on Wednesday, August 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $85.60.

Williams Companies Company 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.