Nykredit A S Takes Position in Williams Companies, Inc. (The) $WMB

Nykredit A S acquired a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 176,346 shares of the pipeline company’s stock, valued at approximately $13,110,000.

A number of other large investors have also recently bought and sold shares of WMB. Infrastructure Capital Advisors LLC acquired a new stake in shares of Williams Companies in the 2nd quarter worth about $15,277,000. Cynosure Group LLC acquired a new position in Williams Companies during the 2nd quarter valued at about $647,000. Ieq Capital LLC bought a new position in Williams Companies in the 2nd quarter worth about $2,504,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Williams Companies in the second quarter valued at approximately $77,998,000. Finally, SIR Capital Management L.P. raised its holdings in shares of Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after buying an additional 150,032 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Terrance Wilson sold 13,000 shares of Williams Companies stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following 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 Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 19,000 shares of company stock worth $1,414,050 over the last ninety days. Company insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

NYSE WMB opened at $74.17 on Friday. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. The firm has a market capitalization of $90.72 billion, a PE ratio of 29.55, a P/E/G ratio of 1.54 and a beta of 0.59. The company’s 50 day simple moving average is $73.30 and its 200 day simple moving average is $73.49. 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 earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The firm 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 firm’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 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 forecast that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio is 83.67%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Scotiabank boosted their price objective on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 target price on shares of Williams Companies in a research note on Tuesday, July 14th. Royal Bank Of Canada increased their price target on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research note on Monday, August 10th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Finally, Truist Financial lifted their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus 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.