Williams Companies, Inc. (The) $WMB Stock Position Raised by PDS Planning Inc

PDS Planning Inc raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 15.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,261 shares of the pipeline company’s stock after purchasing an additional 1,111 shares during the period. PDS Planning Inc’s holdings in Williams Companies were worth $519,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Williams Companies by 1.2% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company’s stock worth $34,489,000 after purchasing an additional 6,816 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC raised its stake 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 purchasing an additional 1,149,045 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Williams Companies by 27.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company’s stock valued at $24,081,000 after acquiring an additional 87,031 shares during the last quarter. Kessler Investment Group LLC acquired a new position in shares of Williams Companies during the 1st quarter valued at about $327,000. Finally, Good Steward Wealth Advisors LLC acquired a new position in shares of Williams Companies during the 1st quarter valued at about $977,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

Shares of WMB stock opened at $62.60 on Friday. The stock has a 50 day moving average of $59.55 and a two-hundred day moving average of $59.07. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 12 month low of $49.30 and a 12 month high of $65.55. The company has a market capitalization of $76.33 billion, a P/E ratio of 31.46, a P/E/G ratio of 2.09 and a beta of 0.65.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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 return on equity of 16.23% and a net margin of 21.63%.The firm had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the prior year, the business posted $0.43 EPS. Williams Companies’s 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. As a group, equities analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

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

Analyst Ratings Changes

A number of brokerages have recently commented on WMB. The Goldman Sachs Group increased their price objective on Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Wells Fargo & Company increased their price objective on Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, August 8th. TD Cowen began coverage on Williams Companies in a report on Monday, July 7th. They set a “buy” rating and a $67.00 price objective on the stock. Scotiabank increased 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, BMO Capital Markets began coverage on Williams Companies in a report on Friday, September 19th. They set an “outperform” rating and a $66.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $65.94.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $57.62, for a total transaction of $115,240.00. Following the completion of the transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the transaction, the chief operating officer owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This trade represents a 5.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock valued at $497,715 in the last quarter. 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.