Sone Capital Management LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Sone Capital Management LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,268 shares of the pipeline company’s stock, valued at approximately $4,555,000.

Other hedge funds also recently added to or reduced their stakes in the company. Cynosure Group LLC purchased a new position in Williams Companies during the 2nd quarter worth $647,000. Gabelli Funds LLC lifted its position in Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after acquiring an additional 17,900 shares during the period. SIR Capital Management L.P. grew its stake in shares of Williams Companies by 40.0% in the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after purchasing an additional 150,032 shares during the last quarter. Infrastructure Capital Advisors LLC purchased a new position in shares of Williams Companies in the 2nd quarter valued at approximately $15,277,000. Finally, Stephens Inc. AR increased its holdings in shares of Williams Companies by 8.9% in the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after purchasing an additional 13,438 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Shares of WMB stock opened at $71.02 on Tuesday. 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 market cap of $86.87 billion, a PE ratio of 28.29, a P/E/G ratio of 1.47 and a beta of 0.59. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07. The stock has a fifty day moving average price of $73.37 and a 200 day moving average price of $73.20.

Williams Companies (NYSE:WMB) last released its quarterly 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. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate 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 was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed 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. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s payout ratio is currently 83.67%.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on WMB. Wells Fargo & Company lifted their price objective 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. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Stifel Nicolaus lifted their target price on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price target on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 1st. Finally, Canadian Imperial Bank of Commerce increased their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $85.60.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, 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 legal filing with the SEC, which is available through the SEC website. Insiders sold 17,000 shares of company stock valued at $1,262,930 over the last ninety days. 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.