PensionDanmark Pensionsforsikringsaktieselskab Grows Stake in Williams Companies, Inc. (The) $WMB

PensionDanmark Pensionsforsikringsaktieselskab grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 10.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 217,463 shares of the pipeline company’s stock after purchasing an additional 20,800 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Williams Companies were worth $16,166,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of Williams Companies in the 4th quarter worth $747,749,000. BROOKFIELD Corp ON increased its position in Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares in the last quarter. Clearbridge Investments LLC raised its stake in Williams Companies by 21.3% in 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 buying an additional 3,748,126 shares during the last quarter. Victory Capital Management Inc. raised its stake in Williams Companies by 295.7% in the fourth quarter. Victory Capital Management Inc. now owns 4,446,915 shares of the pipeline company’s stock valued at $268,723,000 after buying an additional 3,323,012 shares during the last quarter. Finally, Morgan Stanley boosted its holdings in Williams Companies by 11.0% in the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after acquiring an additional 3,314,851 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 18,500 shares of company stock valued at $1,402,755. Company insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Jefferies Financial Group decreased their price objective on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Wells Fargo & Company boosted their target price on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday. Morgan Stanley upped their price target on shares of Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research note on Tuesday, July 14th. Finally, Citigroup raised their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $83.62.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $70.38 on Friday. The company has a current ratio of 0.48, a quick ratio of 0.76 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The company has a 50 day simple moving average of $73.10 and a two-hundred day simple moving average of $72.54. The stock has a market cap of $86.08 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 1.79 and a beta of 0.58.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, analysts predict that Williams Companies, Inc. will post 2.3 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued 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 dividend payout ratio is presently 83.67%.

Williams Companies Company 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.