Williams Companies, Inc. (The) $WMB Shares Purchased by Energy Income Partners LLC

Energy Income Partners LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 0.9% in the first quarter, HoldingsChannel.com reports. The firm owned 1,458,462 shares of the pipeline company’s stock after buying an additional 13,577 shares during the period. Williams Companies comprises about 1.7% of Energy Income Partners LLC’s investment portfolio, making the stock its 17th biggest holding. Energy Income Partners LLC’s holdings in Williams Companies were worth $106,147,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Towne Trust Company N.A increased its holdings in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after buying an additional 162 shares in the last quarter. Main Street Group LTD bought a new stake in shares of Williams Companies during the 1st quarter worth $26,000. Motiv8 Investments LLC bought a new stake in shares of Williams Companies during the 4th quarter worth $27,000. Clearstead Trust LLC grew its holdings in shares of Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Williams Companies in the 4th quarter worth $29,000. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WMB. Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a report on Saturday, July 18th. Jefferies Financial Group cut their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Citigroup upped their price objective 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. The Goldman Sachs Group reiterated a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a report on Tuesday, July 14th. Finally, TD Cowen boosted their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Four equities research 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 stock. Based on data from MarketBeat, Williams Companies has a consensus rating of “Buy” and a consensus target price of $83.56.

Check Out Our Latest Report on Williams Companies

Williams Companies Trading Down 4.5%

NYSE:WMB opened at $70.70 on Tuesday. The stock has a market cap of $86.36 billion, a PE ratio of 31.01, a price-to-earnings-growth ratio of 1.73 and a beta of 0.57. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The stock’s 50-day moving average is $74.05 and its two-hundred day moving average is $71.96.

Williams Companies (NYSE:WMBGet Free Report) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s revenue was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities research analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the sale, the senior vice president owned 283,159 shares in the company, valued at $20,999,071.44. This represents a 0.70% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total transaction of $917,760.00. Following the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at $7,511,789.12. This trade represents a 10.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 68,500 shares of company stock worth $5,182,655 in the last 90 days. 0.47% of the stock is owned by corporate insiders.

Williams Companies Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMBFree Report).

Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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