Dearborn Partners LLC Takes $1.17 Million Position in Williams Companies, Inc. (The) $WMB

Dearborn Partners LLC acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 16,113 shares of the pipeline company’s stock, valued at approximately $1,173,000.

A number of other hedge funds have also recently bought and sold shares of WMB. Main Street Group LTD bought a new position in shares of Williams Companies during the 1st quarter worth about $26,000. Allied Private Wealth LLC bought a new stake in shares of Williams Companies in the second quarter valued at about $28,000. Bayforest Capital Ltd acquired a new stake in Williams Companies during the second quarter worth about $28,000. Frazier Financial Advisors LLC grew its position in Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after buying an additional 155 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new position in Williams Companies during the fourth quarter valued at about $27,000. 86.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on WMB shares. TD Cowen raised their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Canadian Imperial Bank of Commerce raised their target price on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Finally, Barclays boosted their price target on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a report on Wednesday, July 8th. Three equities research 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.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $85.60.

Williams Companies Price Performance

Shares of WMB stock opened at $71.02 on Tuesday. The stock’s fifty day simple moving average is $73.37 and its 200 day simple moving average is $73.20. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. The firm has a market cap of $86.87 billion, a price-to-earnings ratio of 28.29, a P/E/G ratio of 1.47 and a beta of 0.59. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.

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

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 17,000 shares of company stock worth $1,262,930. Company 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.