Intech Investment Management LLC Has $18.33 Million Holdings in Williams Companies, Inc. (The) $WMB

Intech Investment Management LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 90.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 306,758 shares of the pipeline company’s stock after purchasing an additional 145,277 shares during the quarter. Intech Investment Management LLC’s holdings in Williams Companies were worth $18,332,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of WMB. Vanguard Group Inc. grew its holdings in shares of Williams Companies by 0.6% during the first quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company’s stock worth $7,838,312,000 after buying an additional 807,019 shares in the last quarter. Wellington Management Group LLP boosted its position in Williams Companies by 6.0% during the 1st quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after acquiring an additional 1,680,477 shares during the last quarter. Deutsche Bank AG boosted its position in Williams Companies by 5.6% during the 1st quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company’s stock worth $1,047,025,000 after acquiring an additional 932,998 shares during the last quarter. Northern Trust Corp grew its stake in shares of Williams Companies by 0.4% during the 1st quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company’s stock worth $913,840,000 after acquiring an additional 54,902 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Williams Companies by 45.0% in 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 purchasing an additional 3,519,370 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WMB has been the subject of several recent research reports. Wolfe Research upgraded shares of Williams Companies from an “underperform” rating to a “peer perform” rating in a report on Friday, June 13th. Wells Fargo & Company increased their price objective on shares of Williams Companies from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, August 8th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $63.00 target price on shares of Williams Companies in a research report on Tuesday, July 15th. Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Finally, Argus reissued a “buy” rating and set a $66.00 price target on shares of Williams Companies in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Williams Companies has an average rating of “Moderate Buy” and an average target price of $62.86.

Insider Activity at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the sale, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Thursday, September 4th. The stock was 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 directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,500 shares of company stock valued at $623,115. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Stock Up 1.2%

Shares of NYSE WMB opened at $57.55 on Wednesday. The company has a market cap of $70.17 billion, a price-to-earnings ratio of 28.92, a PEG ratio of 1.90 and a beta of 0.65. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. The stock has a 50-day moving average price of $58.03 and a two-hundred day moving average price of $58.38. Williams Companies, Inc. has a 12 month low of $43.98 and a 12 month high of $63.45.

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

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Friday, September 12th. Williams Companies’s payout ratio is 100.50%.

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.