Williams Companies, Inc. (The) $WMB Shares Acquired by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lifted its position in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 17.0% during the second quarter, HoldingsChannel reports. The fund owned 169,797 shares of the pipeline company’s stock after acquiring an additional 24,668 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Williams Companies were worth $10,665,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in WMB. Nuveen LLC purchased a new stake in shares of Williams Companies during the 1st quarter worth approximately $335,419,000. Goldman Sachs Group Inc. boosted its stake in shares of Williams Companies by 45.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock worth $677,623,000 after acquiring an additional 3,519,370 shares in the last quarter. Bahl & Gaynor Inc. boosted its stake in shares of Williams Companies by 34.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock worth $674,566,000 after acquiring an additional 2,861,988 shares in the last quarter. Voya Investment Management LLC boosted its stake in shares of Williams Companies by 275.7% during the 1st quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock worth $155,933,000 after acquiring an additional 1,914,730 shares in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of Williams Companies by 6.0% during the 1st quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after acquiring an additional 1,680,477 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Shares of WMB opened at $62.60 on Monday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The company has a market capitalization of $76.33 billion, a price-to-earnings ratio of 31.46, a PEG ratio of 2.09 and a beta of 0.65. The company’s 50 day simple moving average is $59.55 and its 200 day simple moving average is $59.07. Williams Companies, Inc. has a 1 year low of $49.30 and a 1 year high of $65.55.

Williams Companies (NYSE:WMBGet Free Report) 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 for the quarter, compared to analysts’ expectations of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business’s quarterly revenue was up 19.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Williams Companies’s dividend payout ratio is presently 100.50%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on WMB. Scotiabank boosted their price target on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Saturday, September 27th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. Cibc World Mkts raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Finally, TD Cowen started coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a “buy” rating and a $67.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Williams Companies has a consensus rating of “Moderate Buy” and a consensus target price of $65.94.

Check Out Our Latest Report on WMB

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the transaction, the senior vice president owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, COO Larry C. Larsen sold 4,500 shares of the company’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the transaction, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock worth $497,715 in the last three months. Insiders own 0.44% of the company’s stock.

Williams Companies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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