MJP Associates Inc. ADV Buys Shares of 9,054 Williams Companies, Inc. (The) $WMB

MJP Associates Inc. ADV bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,054 shares of the pipeline company’s stock, valued at approximately $673,000.

Several other hedge funds and other institutional investors have also modified their holdings of the business. PCM Encore LLC bought a new stake in shares of Williams Companies during the 2nd quarter valued at about $1,017,000. Vise Technologies Inc. bought a new position in Williams Companies in the second quarter worth about $4,567,000. August Group Capital Ltd bought a new position in Williams Companies in the second quarter worth about $207,000. E Fund Management Co. Ltd. acquired a new position in Williams Companies in the second quarter valued at approximately $355,000. Finally, Bell & Brown Wealth Advisors LLC bought a new position in shares of Williams Companies during the second quarter valued at approximately $3,686,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Down 1.9%

WMB opened at $71.86 on Friday. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. 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 company has a market capitalization of $87.90 billion, a PE ratio of 28.63, a P/E/G ratio of 1.51 and a beta of 0.58. The stock’s fifty day moving average is $73.40 and its 200-day moving average is $73.15.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company’s quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.48 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

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 that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the sale, the senior vice president 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 17,000 shares of company stock valued at $1,262,930 over the last quarter. Company insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on WMB shares. Barclays increased their price target on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Citigroup upped their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Jefferies Financial Group dropped their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Stifel Nicolaus raised their target price on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Three investment 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. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $85.60.

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.