52,086 Shares in Williams Companies, Inc. (The) $WMB Purchased by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 52,086 shares of the pipeline company’s stock, valued at approximately $3,872,000.

Other hedge funds also recently bought and sold shares of the company. Main Street Group LTD acquired a new stake in shares of Williams Companies during the first quarter valued at about $26,000. Motiv8 Investments LLC acquired a new position in shares of Williams Companies in the 4th quarter worth approximately $27,000. Allied Private Wealth LLC purchased a new position in shares of Williams Companies during the 2nd quarter worth approximately $28,000. Bayforest Capital Ltd purchased a new position in shares of Williams Companies during the 2nd quarter worth approximately $28,000. Finally, Clearstead Trust LLC increased its holdings in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $71.00 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The firm has a market cap of $86.84 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 1.48 and a beta of 0.58. The company’s 50 day moving average is $73.36 and its two-hundred day moving average is $73.23.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS 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 during the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the firm posted $0.46 earnings per share. The company’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, research analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the 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 sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research analysts have commented on the company. JPMorgan Chase & Co. upped their price target on Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Canadian Imperial Bank of Commerce boosted their price objective on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday, May 26th. 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. UBS Group restated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Finally, TD Cowen lifted their target price on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Williams Companies has a consensus rating of “Buy” and an average price target 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.