Williams Companies, Inc. (The) $WMB Stock Position Lifted by Van ECK Associates Corp

Van ECK Associates Corp grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 24.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 790,281 shares of the pipeline company’s stock after acquiring an additional 156,183 shares during the quarter. Van ECK Associates Corp owned approximately 0.06% of Williams Companies worth $58,749,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Apella Capital LLC increased its stake in Williams Companies by 2.3% during the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock valued at $450,000 after purchasing an additional 134 shares during the last quarter. Mirador Capital Partners LP lifted its position in shares of Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock worth $1,201,000 after buying an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC lifted its position 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 worth $285,000 after buying an additional 140 shares during the last quarter. Mill Creek Capital Advisors LLC boosted its holdings 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 buying an additional 141 shares during the period. Finally, Eagle Bay Advisors LLC grew its position in shares of Williams Companies by 5.2% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock valued at $222,000 after buying an additional 148 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Down 0.6%

WMB opened at $73.75 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The company has a market capitalization of $90.21 billion, a PE ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.58. The stock’s fifty day moving average is $73.46 and its 200-day moving average is $73.33. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.45 EPS 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 2.8%. Williams Companies’s payout ratio is 83.67%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Citigroup raised their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Wells Fargo & Company increased their price target on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Barclays raised their price target on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Finally, Morgan Stanley upped their price objective on Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $85.60.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the company’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 of the company’s stock, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 17,000 shares of company stock valued at $1,262,930 in the last quarter. Insiders own 0.47% of the company’s stock.

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.