111 Capital Sells 10,867 Shares of Williams Companies, Inc. (The) $WMB

111 Capital reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 70.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,594 shares of the pipeline company’s stock after selling 10,867 shares during the quarter. 111 Capital’s holdings in Williams Companies were worth $289,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in WMB. Brighton Jones LLC lifted its stake in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the last quarter. Gateway Investment Advisers LLC lifted its stake in shares of Williams Companies by 9.7% during the 1st quarter. Gateway Investment Advisers LLC now owns 4,407 shares of the pipeline company’s stock worth $263,000 after purchasing an additional 391 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Williams Companies by 11.6% during the 1st quarter. Sivia Capital Partners LLC now owns 4,393 shares of the pipeline company’s stock worth $263,000 after purchasing an additional 457 shares during the last quarter. UMB Bank n.a. lifted its stake in shares of Williams Companies by 4.5% during the 1st quarter. UMB Bank n.a. now owns 15,851 shares of the pipeline company’s stock worth $947,000 after purchasing an additional 685 shares during the last quarter. Finally, Wedmont Private Capital lifted its stake in shares of Williams Companies by 12.0% during the 1st quarter. Wedmont Private Capital now owns 22,729 shares of the pipeline company’s stock worth $1,282,000 after purchasing an additional 2,439 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have commented on WMB shares. Royal Bank Of Canada reiterated an “outperform” rating and issued a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Morgan Stanley increased their price target on Williams Companies from $70.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday. CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target for the company in a research note on Friday, August 15th. Finally, BMO Capital Markets started coverage on Williams Companies in a research note on Friday, September 19th. They issued an “outperform” rating and a $66.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Moderate Buy” and an average target price of $65.53.

Insider Activity

In related news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the sale, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the sale, the senior vice president directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,500 shares of company stock worth $497,715. 0.44% of the stock is owned by corporate insiders.

Williams Companies Trading Down 1.4%

Shares of NYSE:WMB opened at $63.59 on Tuesday. Williams Companies, Inc. has a 52-week low of $48.51 and a 52-week high of $65.55. The stock has a market cap of $77.54 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 2.15 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The business has a 50-day moving average price of $59.26 and a 200-day moving average price of $58.99.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). The firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend was Friday, September 12th. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.