Calamos Advisors LLC Grows Stake in Williams Companies, Inc. (The) $WMB

Calamos Advisors LLC increased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 12.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 574,365 shares of the pipeline company’s stock after acquiring an additional 63,452 shares during the period. Calamos Advisors LLC’s holdings in Williams Companies were worth $36,076,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of WMB. Chapin Davis Inc. boosted its position in shares of Williams Companies by 1.6% in the 2nd quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company’s stock worth $688,000 after buying an additional 170 shares in the last quarter. Wallace Advisory Group LLC raised its position in Williams Companies by 2.6% during the second quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock worth $420,000 after acquiring an additional 176 shares during the last quarter. Whittier Trust Co. lifted its holdings in shares of Williams Companies by 2.2% in the second quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock valued at $514,000 after purchasing an additional 179 shares in the last quarter. TrueWealth Advisors LLC grew its position in shares of Williams Companies by 0.7% in the second quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company’s stock valued at $1,559,000 after purchasing an additional 182 shares during the last quarter. Finally, Chesley Taft & Associates LLC increased its stake in shares of Williams Companies by 1.8% during the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company’s stock worth $642,000 after purchasing an additional 184 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the topic of a number of recent research reports. Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 15th. The Goldman Sachs Group boosted their price target on Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Jefferies Financial Group decreased their price objective on Williams Companies from $72.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Zacks Research downgraded shares of Williams Companies from a “hold” rating to a “strong sell” rating in a research note on Friday, October 17th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $67.86.

Williams Companies Trading Down 0.3%

NYSE WMB opened at $60.43 on Thursday. The company has a market cap of $73.80 billion, a P/E ratio of 30.37, a P/E/G ratio of 1.91 and a beta of 0.63. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $65.55. 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 company has a 50-day moving average of $60.55 and a 200-day moving average of $59.44.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.92 billion during the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the previous year, the firm posted $0.43 earnings per share. Williams Companies’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio is presently 103.09%.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 transaction, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company 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.