ABN AMRO Bank N.V. Acquires 147,195 Shares of Williams Companies, Inc. (The) $WMB

ABN AMRO Bank N.V. lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 2,546.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 152,975 shares of the pipeline company’s stock after buying an additional 147,195 shares during the quarter. ABN AMRO Bank N.V.’s holdings in Williams Companies were worth $11,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMB. Brighton Jones LLC increased its stake in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the period. Sivia Capital Partners LLC raised its stake in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after acquiring an additional 242 shares in the last quarter. Treasurer of the State of North Carolina grew its stake in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in Williams Companies by 3.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares during the period. Finally, Ieq Capital LLC raised its position in Williams Companies by 160.1% during the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after purchasing an additional 101,574 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

Shares of NYSE WMB opened at $78.00 on Friday. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The company has a market cap of $95.28 billion, a PE ratio of 34.21, a P/E/G ratio of 1.90 and a beta of 0.58. The business has a 50-day simple moving average of $73.82 and a two-hundred day simple moving average of $69.78. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s revenue for the quarter was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts expect that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.7%. Williams Companies’s dividend payout ratio is presently 92.11%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WMB. TD Cowen lifted their price objective on Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a research report on Monday, April 20th. Wells Fargo & Company upped their price target on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Truist Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They set a “buy” rating and a $84.00 price objective on the stock. Finally, Citigroup lifted their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $82.40.

Insider Activity at Williams Companies

In other news, CFO John Dean Porter sold 50,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 68,500 shares of company stock worth $5,177,835. 0.47% of the stock is owned by company insiders.

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.