RFG Advisory LLC Has $533,000 Position in Williams Companies, Inc. (The) $WMB

RFG Advisory LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 141.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,481 shares of the pipeline company’s stock after purchasing an additional 4,964 shares during the quarter. RFG Advisory LLC’s holdings in Williams Companies were worth $533,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Nuveen LLC acquired a new position in shares of Williams Companies in the first quarter worth $335,419,000. Goldman Sachs Group Inc. increased its stake in shares of Williams Companies by 45.0% in the first 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 during the last quarter. Bahl & Gaynor Inc. increased its stake in shares of Williams Companies by 34.0% in the first 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 during the last quarter. Voya Investment Management LLC increased its position in Williams Companies by 275.7% during the first quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock worth $155,933,000 after buying an additional 1,914,730 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in Williams Companies by 6.0% during the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after buying an additional 1,680,477 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on WMB shares. CIBC raised shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 target price on the stock in a research report on Friday, August 15th. TD Cowen started coverage on shares of Williams Companies in a research report on Monday, July 7th. They set a “buy” rating and a $67.00 target price on the stock. UBS Group increased their target price on shares of Williams Companies from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Jefferies Financial Group started coverage on shares of Williams Companies in a research report on Thursday, October 9th. They set a “buy” rating and a $72.00 target price on the stock. Finally, BMO Capital Markets began coverage on shares of Williams Companies in a research report on Friday, September 19th. They set an “outperform” rating and a $66.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.73.

Williams Companies Stock Down 0.2%

Shares of WMB opened at $62.39 on Friday. The stock has a market cap of $76.08 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 2.08 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. Williams Companies, Inc. has a 12 month low of $51.34 and a 12 month high of $65.55. The company has a 50-day moving average price of $59.95 and a two-hundred day moving average price of $59.18.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 EPS. 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 fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were issued 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 (DPR) is presently 100.50%.

Insider Activity at Williams Companies

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

Williams Companies Company Profile

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.