75,768 Shares in Williams Companies, Inc. (The) $WMB Purchased by Csenge Advisory Group

Csenge Advisory Group bought a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, HoldingsChannel reports. The fund bought 75,768 shares of the pipeline company’s stock, valued at approximately $5,633,000.

A number of other institutional investors have also recently made changes to their positions in WMB. Cynosure Group LLC bought a new position in shares of Williams Companies during the 2nd quarter valued at $647,000. Gabelli Funds LLC grew its holdings in shares of Williams Companies by 7.4% in the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares during the period. SIR Capital Management L.P. grew its holdings in shares of Williams Companies by 40.0% in the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the period. Stephens Inc. AR increased its position in Williams Companies by 8.9% during the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after acquiring an additional 13,438 shares during the last quarter. Finally, Global Retirement Partners LLC increased its position in Williams Companies by 56.3% during the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock valued at $3,459,000 after acquiring an additional 20,740 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 in the last three months. 0.47% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Jefferies Financial Group reduced their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wells Fargo & Company increased their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Morgan Stanley raised their price objective on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Barclays upped their target price on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Three equities research 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 data from MarketBeat.com, Williams Companies has a consensus rating of “Buy” and a consensus target price of $85.60.

Williams Companies Stock Down 2.5%

Shares of WMB opened at $73.25 on Thursday. 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. Williams Companies, Inc. has a 12-month low of $56.08 and a 12-month high of $80.07. The company has a market capitalization of $89.60 billion, a PE ratio of 29.18, a price-to-earnings-growth ratio of 1.52 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the company posted $0.46 EPS. The firm’s revenue for the quarter 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. Research analysts expect that Williams Companies, Inc. will post 2.52 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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 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 dividend payout ratio is currently 83.67%.

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.