Vise Technologies Inc. Invests $4.57 Million in Williams Companies, Inc. (The) $WMB

Vise Technologies Inc. purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 61,433 shares of the pipeline company’s stock, valued at approximately $4,567,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. grew its position in Williams Companies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after buying an additional 883,245 shares in the last quarter. State Street Corp increased 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 valued at $4,086,344,000 after buying an additional 1,296,991 shares during the period. Bank of America Corp DE raised its position in shares of Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock worth $2,768,298,000 after buying an additional 2,100,164 shares in the last quarter. Morgan Stanley raised its position in shares of 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 buying an additional 3,314,851 shares in the last quarter. Finally, Clearbridge Investments LLC lifted its stake in shares of Williams Companies by 21.3% in the 4th 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. 86.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

WMB has been the subject of several recent analyst reports. UBS Group reiterated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Citigroup boosted their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Royal Bank Of Canada upped their target price on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Canadian Imperial Bank of Commerce increased their price target on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Finally, Barclays lifted their price target on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $85.60.

Williams Companies Stock Performance

NYSE:WMB opened at $71.86 on Friday. The company has a 50-day moving average of $73.40 and a 200-day moving average of $73.15. The firm has a market cap of $87.90 billion, a price-to-earnings ratio of 28.63, a price-to-earnings-growth ratio of 1.51 and a beta of 0.58. 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 twelve month low of $56.08 and a twelve month high of $80.07.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS 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 business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the previous year, the firm earned $0.46 EPS. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts forecast that Williams Companies, Inc. will post 2.48 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s payout ratio is 83.67%.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction 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 owned 268,159 shares in the company, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 17,000 shares of company stock valued at $1,262,930 over the last quarter. 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.