J. Goldman & Co LP Buys Shares of 14,080 Williams Companies, Inc. (The) $WMB

J. Goldman & Co LP bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 14,080 shares of the pipeline company’s stock, valued at approximately $1,047,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. State Street Corp grew its stake in Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after buying an additional 1,296,991 shares during the last quarter. Bank of America Corp DE increased its stake in shares of 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 period. Morgan Stanley grew its position 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 purchasing an additional 3,314,851 shares during the period. Clearbridge Investments LLC grew its holdings in Williams Companies by 21.3% during the fourth 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 during the period. Finally, Deutsche Bank AG grew its stake in shares of Williams Companies by 1.2% during the 4th quarter. Deutsche Bank AG now owns 20,036,698 shares of the pipeline company’s stock worth $1,204,406,000 after purchasing an additional 239,732 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders have sold 17,000 shares of company stock valued at $1,262,930. Company insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $74.33 on Thursday. The company’s 50 day simple moving average is $73.42 and its 200-day simple moving average is $73.28. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07. The company has a market capitalization of $90.92 billion, a price-to-earnings ratio of 29.61, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting 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 analysts’ expectations of $2.83 billion. During the same quarter last year, the company posted $0.46 EPS. The firm’s quarterly 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. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.45 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 given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio is currently 83.67%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on WMB. Barclays upped their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Scotiabank lifted 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. JPMorgan Chase & Co. lifted their target price on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Citigroup upped their price target on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $85.60.

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.