Y Intercept Hong Kong Ltd Acquires Shares of 30,588 Williams Companies, Inc. (The) $WMB

Y Intercept Hong Kong Ltd bought a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 30,588 shares of the pipeline company’s stock, valued at approximately $2,226,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Norges Bank purchased a new position in Williams Companies in the fourth quarter valued at $747,749,000. BROOKFIELD Corp ON boosted its stake in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares in the last quarter. Wellington Management Group LLP grew its position in shares of Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the period. Clearbridge Investments LLC grew its position in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after acquiring an additional 3,748,126 shares during the period. Finally, SG Americas Securities LLC increased its stake in shares of Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after purchasing an additional 3,631,986 shares in the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Barclays upped 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. Jefferies Financial Group cut their price objective on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Canadian Imperial Bank of Commerce upped their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Morgan Stanley lifted their price target on shares of Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research note on Wednesday, May 20th. Finally, Scotiabank boosted their price target 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. Four 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $83.50.

Williams Companies Price Performance

NYSE:WMB opened at $75.25 on Thursday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The stock has a 50 day moving average of $74.25 and a two-hundred day moving average of $70.63. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a market cap of $91.92 billion, a P/E ratio of 33.00, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts expect that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Insider Buying and Selling at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the completion of the sale, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the transaction, the senior vice president directly owned 283,159 shares in the company, valued at approximately $20,999,071.44. This represents a 0.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 68,500 shares of company stock worth $5,182,655 over the last three months. 0.47% of the stock is owned by corporate insiders.

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.