Rialto Wealth Management LLC Has $97,000 Holdings in Williams Companies, Inc. (The) $WMB

Rialto Wealth Management LLC boosted its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 6,048.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,537 shares of the pipeline company’s stock after purchasing an additional 1,512 shares during the quarter. Rialto Wealth Management LLC’s holdings in Williams Companies were worth $97,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Kinsale Capital Group Inc. boosted its holdings in Williams Companies by 8.0% during the second quarter. Kinsale Capital Group Inc. now owns 184,344 shares of the pipeline company’s stock worth $11,579,000 after buying an additional 13,625 shares during the last quarter. Aspect Partners LLC raised its position in shares of Williams Companies by 81.3% in the 2nd quarter. Aspect Partners LLC now owns 582 shares of the pipeline company’s stock valued at $37,000 after acquiring an additional 261 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its position in shares of Williams Companies by 12.1% in the 2nd quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,643,960 shares of the pipeline company’s stock valued at $103,257,000 after acquiring an additional 177,969 shares during the period. Savant Capital LLC boosted its stake in Williams Companies by 82.6% during the 2nd quarter. Savant Capital LLC now owns 45,857 shares of the pipeline company’s stock worth $2,880,000 after acquiring an additional 20,747 shares during the last quarter. Finally, OneAscent Wealth Management LLC grew its holdings in Williams Companies by 9.2% during the second quarter. OneAscent Wealth Management LLC now owns 7,369 shares of the pipeline company’s stock valued at $463,000 after purchasing an additional 620 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’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 completion of the transaction, the senior vice president owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of Williams Companies 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 completion of the sale, the chief operating officer owned 77,612 shares in the company, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.44% of the stock is owned by company insiders.

Williams Companies Stock Performance

WMB opened at $59.53 on Friday. The company has a market capitalization of $72.59 billion, a price-to-earnings ratio of 29.92, a P/E/G ratio of 1.91 and a beta of 0.63. The business’s 50-day moving average price is $60.38 and its two-hundred day moving average price is $59.40. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year 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.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data 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 return on equity of 16.23% and a net margin of 21.63%.The firm had revenue of $2.92 billion for the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the previous year, the business posted $0.43 earnings per share. The firm’s quarterly revenue 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. Equities analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm 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 $0.50 dividend. 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 103.09%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Zacks Research lowered shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. Jefferies Financial Group lowered their price objective on shares of Williams Companies from $72.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday. Mizuho raised Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. BMO Capital Markets decreased their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday. Finally, CIBC raised Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target on the stock in a research report on Friday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.86.

Williams Companies Company 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.