Revolve Wealth Partners LLC Buys 10,050 Shares of Williams Companies, Inc. (The) $WMB

Revolve Wealth Partners LLC lifted its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 332.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,069 shares of the pipeline company’s stock after buying an additional 10,050 shares during the period. Revolve Wealth Partners LLC’s holdings in Williams Companies were worth $972,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Main Street Group LTD bought a new stake in Williams Companies in the first quarter valued at $26,000. Allied Private Wealth LLC bought a new position in shares of Williams Companies during the second quarter valued at $28,000. Frazier Financial Advisors LLC boosted its stake in shares of Williams Companies by 59.4% in the 1st quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 155 shares in the last quarter. Towne Trust Company N.A boosted its stake in shares of Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares in the last quarter. Finally, Motiv8 Investments LLC bought a new stake in shares of Williams Companies in the 4th quarter worth about $27,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Barclays increased their target price on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. TD Cowen upped their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Morgan Stanley raised their price objective on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. Four research 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. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $83.88.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $71.70 on Tuesday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The firm has a 50 day simple moving average of $73.13 and a 200 day simple moving average of $72.69. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The firm has a market cap of $87.70 billion, a P/E ratio of 28.57, a P/E/G ratio of 1.76 and a beta of 0.59.

Williams Companies (NYSE:WMB) last posted 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 for 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 for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts predict that Williams Companies, Inc. will post 2.3 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors 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 yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

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.