180 Wealth Advisors LLC Sells 315 Shares of Williams Companies, Inc. (The) $WMB

180 Wealth Advisors LLC reduced its position in shares of Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 16,014 shares of the pipeline company’s stock after selling 315 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Williams Companies were worth $1,006,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Flaharty Asset Management LLC bought a new stake in shares of Williams Companies during the 1st quarter worth $25,000. Private Wealth Management Group LLC boosted its holdings in shares of Williams Companies by 104.8% during the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after buying an additional 240 shares during the period. Saudi Central Bank bought a new stake in shares of Williams Companies during the 1st quarter worth $29,000. Iron Horse Wealth Management LLC boosted its holdings in shares of Williams Companies by 4,490.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock worth $30,000 after buying an additional 494 shares during the period. Finally, Hughes Financial Services LLC bought a new stake in shares of Williams Companies during the 1st quarter worth $32,000. 86.44% of the stock is owned by institutional investors.

Insider Transactions at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction dated 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 owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Thursday, September 4th. The stock was 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 approximately $17,956,984.90. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 8,500 shares of company stock worth $497,715. Insiders own 0.44% of the company’s stock.

Williams Companies Trading Down 2.4%

Shares of Williams Companies stock opened at $57.50 on Friday. The stock has a market capitalization of $70.12 billion, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 1.97 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The company has a 50-day simple moving average of $60.26 and a 200 day simple moving average of $59.32. Williams Companies, Inc. has a 12-month low of $51.46 and a 12-month high of $65.55.

Williams Companies (NYSE:WMBGet Free Report) last announced its earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Research analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were given a dividend of $0.50 per share. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

Analysts Set New Price Targets

Several research firms recently commented on WMB. 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 target price for the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Scotiabank upped their target price on shares of Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 15th. Finally, BMO Capital Markets began coverage on shares of Williams Companies in a research note on Friday, September 19th. They set an “outperform” rating and a $66.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $66.73.

View Our Latest Stock Analysis on WMB

About Williams Companies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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