Williams Companies, Inc. (The) $WMB Shares Sold by World Investment Advisors

World Investment Advisors decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 24.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,082 shares of the pipeline company’s stock after selling 4,955 shares during the period. World Investment Advisors’ holdings in Williams Companies were worth $947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WMB. Flaharty Asset Management LLC purchased a new position in Williams Companies in the 1st quarter worth $25,000. Saudi Central Bank purchased a new position in Williams Companies in the 1st quarter worth $29,000. Private Wealth Management Group LLC raised its stake in Williams Companies by 104.8% in the 2nd 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 last quarter. Iron Horse Wealth Management LLC raised its stake in Williams Companies by 4,490.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock worth $30,000 after acquiring an additional 494 shares during the last quarter. Finally, Abound Financial LLC purchased a new position in Williams Companies in the 1st quarter worth $32,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is owned by company insiders.

Williams Companies Stock Performance

NYSE WMB opened at $57.97 on Friday. The stock has a 50-day simple moving average of $60.31 and a two-hundred day simple moving average of $59.40. The firm has a market capitalization of $70.69 billion, a P/E ratio of 29.13, a PEG ratio of 1.91 and a beta of 0.65. Williams Companies, Inc. has a fifty-two week low of $51.48 and a fifty-two week high of $65.55. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54.

Williams Companies (NYSE:WMB) last posted its 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). 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 for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the business earned $0.43 earnings per share. Williams Companies’s revenue was up 19.0% on a year-over-year basis. 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 earnings per share for the current year.

Williams Companies Announces Dividend

The firm 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. The ex-dividend date is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WMB shares. Barclays raised their target price on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. TD Cowen began coverage on Williams Companies in a research note on Monday, July 7th. They set a “buy” rating and a $67.00 price objective for the company. CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective for the company in a research note on Friday, August 15th. Argus reiterated a “buy” rating and set a $66.00 price objective on shares of Williams Companies in a research note on Thursday, August 14th. Finally, Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $66.73.

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.