Quadcap Wealth Management LLC Takes Position in Williams Companies, Inc. (The) $WMB

Quadcap Wealth Management LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,689 shares of the pipeline company’s stock, valued at approximately $220,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in WMB. Brighton Jones LLC boosted its position in Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in shares of Williams Companies during the fourth quarter valued at $352,000. Aquatic Capital Management LLC bought a new position in shares of Williams Companies during the fourth quarter valued at $1,216,000. Lido Advisors LLC lifted its holdings in shares of Williams Companies by 5.7% during the fourth quarter. Lido Advisors LLC now owns 39,518 shares of the pipeline company’s stock worth $2,139,000 after purchasing an additional 2,126 shares during the period. Finally, AQR Capital Management LLC grew its stake in shares of Williams Companies by 294.4% in the fourth quarter. AQR Capital Management LLC now owns 339,399 shares of the pipeline company’s stock worth $18,368,000 after purchasing an additional 253,336 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Wolfe Research raised Williams Companies from an “underperform” rating to a “peer perform” rating in a report on Friday, June 13th. Barclays lifted their price objective on Williams Companies from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 14th. TD Cowen initiated coverage on shares of Williams Companies in a research report on Monday, July 7th. They set a “buy” rating and a $67.00 target price for the company. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 9th. Finally, CIBC raised shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective on the stock in a research note on Friday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Williams Companies has a consensus rating of “Moderate Buy” and a consensus price target of $62.86.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $59.68, for a total transaction of $119,360.00. Following the completion of the sale, the senior vice president directly owned 313,645 shares of the company’s stock, valued at approximately $18,718,333.60. The trade was a 0.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the transaction, the chief operating officer owned 77,612 shares in the company, valued at $4,537,973.64. This 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 worth $507,875 in the last 90 days. 0.44% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

Shares of WMB stock opened at $57.52 on Thursday. The firm has a 50 day moving average of $58.65 and a 200-day moving average of $58.33. The company has a market cap of $70.13 billion, a price-to-earnings ratio of 28.90, a price-to-earnings-growth ratio of 1.91 and a beta of 0.66. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 52 week low of $43.98 and a 52 week high of $63.45.

Williams Companies (NYSE:WMB) last posted its quarterly 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 return on equity of 16.23% and a net margin of 21.63%.The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the business posted $0.43 earnings per share. The company’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. 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, September 29th. Investors of record on Friday, September 12th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, September 12th. Williams Companies’s dividend payout ratio is currently 100.50%.

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.