Koshinski Asset Management Inc. Makes New $291,000 Investment in Williams Companies, Inc. (The) $WMB

Koshinski Asset Management Inc. acquired a new position in Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,641 shares of the pipeline company’s stock, valued at approximately $291,000.

Several other institutional investors have also added to or reduced their stakes in WMB. Brighton Jones LLC lifted its stake in Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares during the last quarter. GAMMA Investing LLC lifted its stake in Williams Companies by 8.9% in the first quarter. GAMMA Investing LLC now owns 37,458 shares of the pipeline company’s stock worth $2,238,000 after purchasing an additional 3,058 shares during the last quarter. PFG Investments LLC lifted its stake in Williams Companies by 12.6% in the first quarter. PFG Investments LLC now owns 20,433 shares of the pipeline company’s stock worth $1,221,000 after purchasing an additional 2,290 shares during the last quarter. Kentucky Retirement Systems Insurance Trust Fund lifted its stake in Williams Companies by 46.2% in the first quarter. Kentucky Retirement Systems Insurance Trust Fund now owns 35,391 shares of the pipeline company’s stock worth $2,115,000 after purchasing an additional 11,189 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its stake in Williams Companies by 12.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 140,973 shares of the pipeline company’s stock worth $8,425,000 after purchasing an additional 15,960 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WMB. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Williams Companies in a research note on Tuesday, October 14th. Morgan Stanley lifted their price target on shares of Williams Companies from $70.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, October 2nd. TD Cowen began coverage on shares of Williams Companies in a research note on Monday, July 7th. They set a “buy” rating and a $67.00 price target for the company. Finally, CIBC raised shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target for the company in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $66.73.

Williams Companies Price Performance

NYSE WMB opened at $63.10 on Tuesday. The firm’s fifty day simple moving average is $60.05 and its two-hundred day simple moving average is $59.22. 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 $51.46 and a 12-month high of $65.55. The firm has a market capitalization of $76.94 billion, a P/E ratio of 31.71, a P/E/G ratio of 2.08 and a beta of 0.65.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) 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 firm had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same period in the prior year, the firm posted $0.43 earnings per share. Williams Companies’s revenue for the quarter 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. Analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

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

Insiders Place Their Bets

In other news, COO Larry C. Larsen sold 4,500 shares of the business’s stock in a transaction on Monday, August 11th. The shares were 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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the sale, the senior vice president directly 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. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock worth $497,715 over the last three months. 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.