Calamos Advisors LLC Purchases 13,137 Shares of Williams Companies, Inc. (The) $WMB

Calamos Advisors LLC increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 2.3% during the first quarter, according to its most recent filing with the SEC. The fund owned 580,346 shares of the pipeline company’s stock after buying an additional 13,137 shares during the quarter. Calamos Advisors LLC’s holdings in Williams Companies were worth $42,238,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Towne Trust Company N.A grew its position in shares of Williams Companies by 60.2% in the fourth 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. Motiv8 Investments LLC bought a new position in shares of Williams Companies in the fourth quarter worth approximately $27,000. Clearstead Trust LLC raised its position in shares of Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Kemnay Advisory Services Inc. purchased a new stake in Williams Companies during the fourth quarter valued at about $29,000. Finally, First Command Advisory Services Inc. raised its holdings in shares of Williams Companies by 216.8% during the 4th quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock valued at $30,000 after buying an additional 336 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the completion of the sale, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. This trade represents a 20.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 68,500 shares of company stock valued at $5,182,655 over the last quarter. Company insiders own 0.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on WMB shares. Truist Financial assumed coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target for the company. Barclays raised their price target on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. UBS Group lifted their price objective on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Monday, April 20th. Finally, Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Williams Companies has a consensus rating of “Buy” and an average target price of $83.50.

Williams Companies Stock Down 0.7%

Shares of WMB stock opened at $74.46 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The stock has a market cap of $90.96 billion, a P/E ratio of 32.66, a P/E/G ratio of 1.84 and a beta of 0.57. 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 $74.30 and a two-hundred day simple moving average of $70.97.

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

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s dividend payout ratio is currently 92.11%.

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.