The Williams Companies, Inc.
In the published model solve dated 2026-Q2, anchored at $69.22, The Williams Companies, Inc. (WMB) is priced for +8.6% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed June 28, 2026 from SEC EDGAR filings.
- Capital is being deployed into contracted power: a 7.3-billion-dollar 2026 growth-capital midpoint and roughly 5.1 billion dollars committed to gas-fired and hybrid plants for data centers, including the 682-megawatt, 12.5-year Neo project and a 400-megawatt Meta-affiliated plant. - The base business set Q1 2026 records: adjusted EBITDA up 13 percent to 2.254 billion dollars and adjusted EPS up 22 percent, anchored by the Transco pipeline and roughly 188 Bcf of storage capacity (FY2025 10-K, a
Is WMB overvalued? See what's priced in →
1,763 institutional managers reported holding WMB in 13F filings for the quarter ended 2026-03-31. Together they hold about 84% of the company; the top 10 hold 42%. 208 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 23.6M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (4.1 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
WMB's share count grew 0.6% over the past five years even with $139.00M spent on repurchases. It pays a dividend, and has for 16 years running, raised 6 years straight; the current rate is $2.00 a share annually. Cash returned over the past three years: $6.49B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
No open-market insider buys on file at WMB over the trailing three years. Absence is a fact about the company, not a signal. 25 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
WMB's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-08-03 | +1.0% | -3.1% |
| 2023-11-02 | +4.0% | +0.1% |
| 2024-02-22 | +0.4% | +13.0% |
| 2024-05-07 | +1.1% | +8.4% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
WMB's latest 8-K filings: 2026-09-10 (items 1.01, 9.01); 2026-09-10 (items 7.01, 8.01, 9.01); 2026-09-03 (items 8.01, 9.01); 2026-08-21 (items 5.02, 9.01); 2026-08-03 (items 2.02, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: June 28, 2026
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.