Whalen Wealth Management Inc. Acquires New Holdings in Williams Companies, Inc. (The) $WMB

Whalen Wealth Management Inc. bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,862 shares of the pipeline company’s stock, valued at approximately $733,000.

Several other institutional investors also recently modified their holdings of WMB. Vanguard Group Inc. grew its position in Williams Companies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after acquiring an additional 883,245 shares during the last quarter. State Street Corp raised its position in Williams Companies by 1.9% in the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after purchasing an additional 1,296,991 shares during the last quarter. Bank of America Corp DE raised its position in Williams Companies by 4.8% in the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares during the last quarter. Morgan Stanley boosted its stake in shares of Williams Companies by 11.0% during the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares in the last quarter. Finally, Clearbridge Investments LLC boosted its stake in shares of Williams Companies by 21.3% during the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after purchasing an additional 3,748,126 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold a total of 17,000 shares of company stock worth $1,262,930 in the last quarter. 0.47% of the stock is currently owned by corporate insiders.

Williams Companies Stock Performance

WMB stock opened at $71.02 on Tuesday. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The stock has a 50-day moving average price of $73.37 and a 200-day moving average price of $73.20. The firm has a market cap of $86.87 billion, a PE ratio of 28.29, a price-to-earnings-growth ratio of 1.47 and a beta of 0.59.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm’s revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is 83.67%.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on WMB. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Morgan Stanley lifted their target price on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 18th. Scotiabank boosted their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Wells Fargo & Company upped their price target on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, TD Cowen raised their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average price target of $85.60.

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.