Asset Management Advisors LLC Has $11.07 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Asset Management Advisors LLC reduced its position in Williams Companies, Inc. (The) (NYSE:WMB) by 0.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 176,189 shares of the pipeline company’s stock after selling 390 shares during the quarter. Williams Companies makes up 7.4% of Asset Management Advisors LLC’s portfolio, making the stock its 3rd largest holding. Asset Management Advisors LLC’s holdings in Williams Companies were worth $11,066,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC bought a new position in Williams Companies in the first quarter worth $25,000. HWG Holdings LP bought a new position in shares of Williams Companies during the first quarter valued at $26,000. Private Wealth Management Group LLC lifted its holdings 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 acquiring an additional 240 shares during the period. Saudi Central Bank bought a new position in shares of Williams Companies during the first quarter valued at $29,000. Finally, Iron Horse Wealth Management LLC lifted its holdings in shares of Williams Companies by 4,490.9% during the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 494 shares during the period. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $62.39 on Monday. Williams Companies, Inc. has a twelve month low of $51.34 and a twelve month high of $65.55. The firm has a market cap of $76.08 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65. 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 business has a fifty day moving average of $59.95 and a 200-day moving average of $59.16.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share 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 business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the business posted $0.43 earnings per share. The business’s quarterly 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, equities research 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. Investors of record on Friday, September 12th were given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, September 12th. Williams Companies’s dividend payout ratio (DPR) is presently 100.50%.

Analyst Ratings Changes

A number of brokerages have issued reports on WMB. Royal Bank Of Canada reissued an “outperform” rating and set a $63.00 price objective on shares of Williams Companies in a report on Tuesday, July 15th. Jefferies Financial Group began coverage on Williams Companies in a report on Thursday, October 9th. They set a “buy” rating and a $72.00 price objective for the company. CIBC raised Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective for the company in a report on Friday, August 15th. Scotiabank lifted their price objective on Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a report on Tuesday, July 15th. Finally, Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. One equities 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 stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $66.73.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the sale, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 completion of the sale, the senior vice president 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,500 shares of company stock valued at $497,715. Corporate insiders own 0.44% of the company’s stock.

Williams Companies 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.