Advisory Alpha LLC Invests $223,000 in Williams Companies, Inc. (The) $WMB

Advisory Alpha LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,543 shares of the pipeline company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Cbre Investment Management Listed Real Assets LLC increased its holdings in shares of Williams Companies by 362.5% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company’s stock worth $87,608,000 after acquiring an additional 1,149,045 shares during the last quarter. Golden State Wealth Management LLC increased its holdings in shares of Williams Companies by 9.4% during the 1st quarter. Golden State Wealth Management LLC now owns 4,788 shares of the pipeline company’s stock worth $286,000 after acquiring an additional 410 shares during the last quarter. ORG Partners LLC increased its holdings in shares of Williams Companies by 153.4% during the 2nd quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock worth $49,000 after acquiring an additional 503 shares during the last quarter. Legacy Financial Group Inc. increased its holdings in shares of Williams Companies by 95.8% during the 1st quarter. Legacy Financial Group Inc. now owns 23,312 shares of the pipeline company’s stock worth $1,326,000 after acquiring an additional 11,405 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC increased its holdings in shares of Williams Companies by 9.3% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 64,345 shares of the pipeline company’s stock worth $3,845,000 after acquiring an additional 5,475 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Zacks Research lowered Williams Companies from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. Scotiabank boosted their target price on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 15th. Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. TD Cowen initiated coverage on Williams Companies in a report on Monday, July 7th. They set a “buy” rating and a $67.00 target price on the stock. Finally, BMO Capital Markets initiated coverage on Williams Companies in a report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $66.73.

Williams Companies Stock Performance

Shares of NYSE WMB opened at $57.63 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. The stock’s fifty day moving average price is $60.29 and its two-hundred day moving average price is $59.39. Williams Companies, Inc. has a one year low of $51.48 and a one year high of $65.55. The firm has a market cap of $70.27 billion, a price-to-earnings ratio of 28.96, a P/E/G ratio of 1.91 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 analysts’ consensus estimates of $0.49 by ($0.03). The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business’s revenue was up 19.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio is presently 100.50%.

Insiders Place Their Bets

In other news, COO Larry C. Larsen sold 4,500 shares of the company’s stock in a transaction on Monday, August 11th. The stock was 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 directly 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following 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 SEC filing for this sale provides additional information. Corporate insiders own 0.44% of the company’s stock.

About Williams Companies

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.