Energy Income Partners LLC Sells 22,079 Shares of Williams Companies, Inc. (The) $WMB

Energy Income Partners LLC lowered its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 1.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,436,383 shares of the pipeline company’s stock after selling 22,079 shares during the quarter. Williams Companies accounts for about 1.7% of Energy Income Partners LLC’s investment portfolio, making the stock its 19th biggest position. Energy Income Partners LLC’s holdings in Williams Companies were worth $106,781,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Main Street Group LTD acquired a new stake in shares of Williams Companies in the first quarter valued at $26,000. Motiv8 Investments LLC acquired a new position in shares of Williams Companies in the 4th quarter valued at $27,000. Allied Private Wealth LLC acquired a new stake in Williams Companies during the 2nd quarter worth approximately $28,000. Bayforest Capital Ltd acquired a new position in shares of Williams Companies during the second quarter worth about $28,000. Finally, Clearstead Trust LLC raised its holdings in shares of Williams Companies by 62.2% in the fourth 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. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Stifel Nicolaus upped their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. TD Cowen boosted their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Jefferies Financial Group dropped their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Finally, Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies presently has an average rating of “Buy” and an average price target of $85.60.

Williams Companies Price Performance

Williams Companies stock opened at $75.25 on Wednesday. The firm has a market cap of $92.05 billion, a P/E ratio of 29.98, a P/E/G ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The stock’s 50 day moving average is $73.38 and its 200 day moving average is $73.07.

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 the consensus estimate of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period last year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, research analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction 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 sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 17,000 shares of company stock worth $1,262,930 over the last ninety days. Insiders own 0.47% of the company’s stock.

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.