Exencial Wealth Advisors LLC Purchases 1,101 Shares of Williams Companies, Inc. (The) $WMB

Exencial Wealth Advisors LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 69,219 shares of the pipeline company’s stock after acquiring an additional 1,101 shares during the period. Exencial Wealth Advisors LLC’s holdings in Williams Companies were worth $4,348,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new stake in shares of Williams Companies during the first quarter worth approximately $25,000. Private Wealth Management Group LLC boosted 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 worth $29,000 after acquiring an additional 240 shares during the period. Saudi Central Bank bought a new stake in shares of Williams Companies in the first quarter valued at approximately $29,000. Iron Horse Wealth Management LLC boosted its stake in shares of Williams Companies by 4,490.9% in the first 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. Finally, Hughes Financial Services LLC bought a new stake in shares of Williams Companies in the first quarter valued at approximately $32,000. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on 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 transaction, the senior vice president directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction 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 completion of the transaction, the chief operating officer owned 77,612 shares of the company’s stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock valued at $497,715 over the last quarter. 0.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on WMB shares. UBS Group boosted their price target on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Zacks Research cut Williams Companies from a “hold” rating to a “strong sell” rating in a research note on Friday, October 17th. 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. Jefferies Financial Group started coverage on Williams Companies in a research note on Thursday, October 9th. They issued a “buy” rating and a $72.00 price target for the company. Finally, Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $66.73.

Williams Companies Stock Down 0.2%

NYSE WMB opened at $62.23 on Thursday. The business has a fifty day moving average price of $60.23 and a two-hundred day moving average price of $59.27. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a fifty-two week low of $51.46 and a fifty-two week high of $65.55. The stock has a market capitalization of $75.88 billion, a PE ratio of 31.27, a PEG ratio of 2.08 and a beta of 0.65.

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

Williams Companies Announces Dividend

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

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.