61,955 Shares in Williams Companies, Inc. (The) $WMB Bought by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, HoldingsChannel reports. The firm purchased 61,955 shares of the pipeline company’s stock, valued at approximately $4,606,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMB. Apella Capital LLC boosted its stake in shares of Williams Companies by 2.3% during the 2nd 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. Mirador Capital Partners LP grew its position in shares of Williams Companies by 0.9% during 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 period. Aletheian Wealth Advisors LLC increased its stake in shares of 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 purchasing an additional 140 shares in the last quarter. Mill Creek Capital Advisors LLC increased its stake in shares of Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after purchasing an additional 141 shares in the last quarter. Finally, Eagle Bay Advisors LLC raised its holdings in Williams Companies by 5.2% in the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock worth $222,000 after purchasing an additional 148 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Wells Fargo & Company upped their target price on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Canadian Imperial Bank of Commerce increased their target price on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research report on Tuesday, May 26th. Citigroup lifted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group cut their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $85.60.

Williams Companies Trading Down 2.5%

WMB stock opened at $73.25 on Thursday. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07. The business’s 50-day moving average is $73.40 and its 200 day moving average is $73.11. 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 stock has a market cap of $89.60 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.52 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, sell-side analysts anticipate that Williams Companies, Inc. will post 2.52 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors 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 2.9%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is presently 83.67%.

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 on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders sold 17,000 shares of company stock valued at $1,262,930. 0.47% of the stock is currently owned by corporate insiders.

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.