Global Retirement Partners LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Global Retirement Partners LLC purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 64,390 shares of the pipeline company’s stock, valued at approximately $4,787,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cynosure Group LLC bought a new position in shares of Williams Companies in the 2nd quarter worth $647,000. Gabelli Funds LLC raised its position in shares of Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after buying an additional 17,900 shares in the last quarter. SIR Capital Management L.P. lifted its holdings in shares of Williams Companies by 40.0% during the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the last quarter. Stephens Inc. AR grew its position in Williams Companies by 8.9% in the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after acquiring an additional 13,438 shares in the last quarter. Finally, Mediolanum International Funds Ltd grew its position in Williams Companies by 688.5% in the first quarter. Mediolanum International Funds Ltd now owns 479,126 shares of the pipeline company’s stock worth $34,722,000 after acquiring an additional 418,365 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Shares of WMB stock opened at $75.04 on Monday. The company has a market capitalization of $91.79 billion, a P/E ratio of 29.90, a PEG ratio of 1.58 and a beta of 0.59. 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 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The stock has a 50 day moving average price of $73.27 and a two-hundred day moving average price of $72.96.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same quarter last year, the business earned $0.46 earnings per share. The business’s revenue 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 expect that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a 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%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WMB shares. Jefferies Financial Group lowered their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. JPMorgan Chase & Co. increased their price objective on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Wells Fargo & Company raised their price objective on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Stifel Nicolaus boosted their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, 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 note on Monday, August 10th. 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 stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $85.33.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $70.65, for a total value of $141,300.00. Following the transaction, the senior vice president owned 281,159 shares in the company, valued at approximately $19,863,883.35. The trade was a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.47% of the stock is currently owned by company insiders.

About Williams Companies

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.