Williams Companies, Inc. (The) $WMB Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC trimmed its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 9.1% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 9,263 shares of the pipeline company’s stock after selling 931 shares during the quarter. Quotient Wealth Partners LLC’s holdings in Williams Companies were worth $582,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Flaharty Asset Management LLC acquired a new position in Williams Companies during the 1st quarter valued at about $25,000. HWG Holdings LP acquired a new position in Williams Companies during the 1st quarter worth $26,000. Private Wealth Management Group LLC raised its stake in shares of Williams Companies by 104.8% during the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 240 shares in the last quarter. Saudi Central Bank acquired a new stake in Williams Companies in the first quarter worth about $29,000. Finally, Iron Horse Wealth Management LLC increased its stake in Williams Companies by 4,490.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after buying an additional 494 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

WMB stock opened at $62.39 on Friday. Williams Companies, Inc. has a one year low of $51.34 and a one year high of $65.55. The firm has a 50-day moving average of $59.95 and a two-hundred day moving average of $59.16. The firm has a market capitalization of $76.08 billion, a PE ratio of 31.35, a P/E/G ratio of 2.08 and a beta of 0.65. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73.

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

Williams Companies Dividend Announcement

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

Insider Transactions at Williams Companies

In other Williams Companies news, 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 value of $263,115.00. Following the transaction, the chief operating officer owned 77,612 shares in the company, valued at approximately $4,537,973.64. This represents a 5.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction 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 sale, the senior vice president directly owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,500 shares of company stock valued at $497,715 over the last 90 days. Corporate insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on WMB. CIBC raised Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 target price on the stock in a report on Friday, August 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $63.00 price objective on shares of Williams Companies in a research note on Tuesday, July 15th. UBS Group upped their price objective on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. BMO Capital Markets assumed coverage on Williams Companies in a report on Friday, September 19th. They set an “outperform” rating and a $66.00 target price on the stock. Finally, Wells Fargo & Company upped their price target on shares of Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Williams Companies presently has an average rating of “Moderate Buy” and a consensus target price of $66.73.

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.