18,351 Shares in Williams Companies, Inc. (The) $WMB Purchased by R Squared Ltd

R Squared Ltd acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, Holdings Channel reports. The fund acquired 18,351 shares of the pipeline company’s stock, valued at approximately $1,153,000.

Other hedge funds also recently made changes to their positions in the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in 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 acquiring an additional 6,816 shares during the period. Cbre Investment Management Listed Real Assets LLC increased its position in shares of Williams Companies by 362.5% in the first 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 during the period. Kessler Investment Group LLC acquired a new position in Williams Companies in the first quarter valued at about $327,000. Golden State Wealth Management LLC raised its stake in Williams Companies by 9.4% in the first quarter. Golden State Wealth Management LLC now owns 4,788 shares of the pipeline company’s stock valued at $286,000 after purchasing an additional 410 shares in the last quarter. Finally, Miller Howard Investments Inc. NY lifted its position in Williams Companies by 3.7% during the first quarter. Miller Howard Investments Inc. NY now owns 709,113 shares of the pipeline company’s stock worth $42,377,000 after purchasing an additional 25,016 shares during the period. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other news, 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 transaction, the chief operating officer owned 77,612 shares in the company, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction 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 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. Insiders have sold 8,500 shares of company stock valued at $497,715 in the last ninety days. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on WMB shares. TD Cowen initiated coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a “buy” rating and a $67.00 target price on the stock. Wells Fargo & Company upped their target price on Williams Companies from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Weiss Ratings reissued a “buy (b-)” rating on shares of Williams Companies in a report on Tuesday, October 14th. CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective for the company in a research report on Friday, August 15th. Finally, UBS Group lifted their target price on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Williams Companies presently has an average rating of “Moderate Buy” and a consensus target price of $66.73.

Williams Companies Trading Down 5.3%

NYSE WMB opened at $58.88 on Friday. Williams Companies, Inc. has a twelve month low of $51.46 and a twelve month high of $65.55. The business’s fifty day moving average is $60.26 and its 200 day moving average is $59.29. 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 market cap of $71.80 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 2.07 and a beta of 0.65.

Williams Companies (NYSE:WMB) last announced 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 net margin of 21.63% and a return on equity of 16.23%. The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the business posted $0.43 earnings per share. The business’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. As a group, sell-side analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date was Friday, September 12th. Williams Companies’s dividend payout ratio is 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.