Focus Partners Advisor Solutions LLC Purchases 1,216 Shares of Williams Companies, Inc. (The) $WMB

Focus Partners Advisor Solutions LLC boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 9.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,653 shares of the pipeline company’s stock after purchasing an additional 1,216 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Williams Companies were worth $858,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WMB. Nuveen LLC acquired a new position in shares of Williams Companies during the first quarter valued at about $335,419,000. Goldman Sachs Group Inc. increased its holdings in shares of Williams Companies by 45.0% during the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock valued at $677,623,000 after acquiring an additional 3,519,370 shares in the last quarter. Bahl & Gaynor Inc. increased its holdings in shares of Williams Companies by 34.0% during the first quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock valued at $674,566,000 after acquiring an additional 2,861,988 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of Williams Companies by 275.7% during the first quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock valued at $155,933,000 after acquiring an additional 1,914,730 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Williams Companies by 6.0% during the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock valued at $1,770,336,000 after acquiring an additional 1,680,477 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was 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 $4,537,973.64. This trade represents a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred 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 transaction, the senior vice president owned 311,645 shares in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 8,500 shares of company stock worth $497,715 in the last quarter. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WMB. The Goldman Sachs Group upped their price objective on shares of Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Scotiabank increased their price target on shares of Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 15th. Morgan Stanley increased their price target on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Weiss Ratings reiterated a “buy (b-)” rating on shares of Williams Companies in a report on Tuesday, October 14th. Finally, Zacks Research downgraded shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Williams Companies presently has a consensus rating of “Moderate Buy” and an average price target of $66.73.

Williams Companies Trading Down 0.2%

Williams Companies stock opened at $57.58 on Wednesday. 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 stock’s 50 day simple moving average is $60.30 and its two-hundred day simple moving average is $59.40. The firm has a market cap of $70.21 billion, a PE ratio of 28.93, a P/E/G ratio of 1.93 and a beta of 0.65.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 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 company had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the prior year, the company posted $0.43 EPS. The company’s revenue for the quarter was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

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.