Kayne Anderson Capital Advisors LP Lowers Stock Holdings in Williams Companies, Inc. (The) $WMB

Kayne Anderson Capital Advisors LP lowered its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 3.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,622,814 shares of the pipeline company’s stock after selling 310,461 shares during the period. Williams Companies accounts for approximately 10.6% of Kayne Anderson Capital Advisors LP’s portfolio, making the stock its largest holding. Kayne Anderson Capital Advisors LP owned 0.62% of Williams Companies worth $482,905,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in Williams Companies by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock valued at $8,358,462,000 after purchasing an additional 1,912,156 shares during the period. Invesco Ltd. raised its position in shares of Williams Companies by 27.3% in the second quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after buying an additional 3,089,390 shares in the last quarter. Norges Bank purchased a new stake in shares of Williams Companies in the second quarter worth $765,164,000. BROOKFIELD Corp ON boosted its stake in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares during the period. Finally, Legal & General Group Plc grew its position in Williams Companies by 9.9% during the second quarter. Legal & General Group Plc now owns 10,056,234 shares of the pipeline company’s stock worth $631,632,000 after buying an additional 903,457 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 0.7%

Shares of NYSE WMB opened at $73.47 on Wednesday. The stock has a market capitalization of $89.73 billion, a P/E ratio of 34.33, a PEG ratio of 1.30 and a beta of 0.65. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $73.87. The firm’s 50 day simple moving average is $64.40 and its two-hundred day simple moving average is $61.48. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The business had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period last year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date of this dividend is Friday, March 13th. Williams Companies’s payout ratio is 93.46%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $66.39, for a total value of $132,780.00. Following the completion of the sale, the senior vice president owned 293,545 shares of the company’s stock, valued at approximately $19,488,452.55. The trade was a 0.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several analysts have weighed in on WMB shares. Scotiabank raised Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $66.00 to $84.00 in a report on Friday, February 13th. Jefferies Financial Group raised their target price on shares of Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Citigroup lifted their target price on shares of Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Finally, Royal Bank Of Canada lifted their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $75.36.

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.