Nisa Investment Advisors LLC Sells 2,297 Shares of Williams Companies, Inc. (The) $WMB

Nisa Investment Advisors LLC lessened its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 0.6% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 382,214 shares of the pipeline company’s stock after selling 2,297 shares during the period. Nisa Investment Advisors LLC’s holdings in Williams Companies were worth $24,007,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new position in shares of Williams Companies during the 1st quarter valued at approximately $25,000. Saudi Central Bank bought a new position in shares of Williams Companies in the first quarter worth approximately $29,000. Private Wealth Management Group LLC boosted its holdings in Williams Companies by 104.8% in 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. Iron Horse Wealth Management LLC boosted its holdings in Williams Companies by 4,490.9% in 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, Abound Financial LLC bought a new position in Williams Companies in the 1st quarter worth $32,000. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

WMB stock opened at $57.50 on Monday. Williams Companies, Inc. has a 52 week low of $51.46 and a 52 week high of $65.55. 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 fifty day simple moving average of $60.26 and a two-hundred day simple moving average of $59.37. The firm has a market capitalization of $70.12 billion, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 1.92 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 business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the business posted $0.43 EPS. The firm’s revenue 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 fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, September 12th. Williams Companies’s dividend payout ratio (DPR) is presently 100.50%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. TD Cowen assumed coverage on Williams Companies in a research note on Monday, July 7th. They issued a “buy” rating and a $67.00 price objective for the company. Royal Bank Of Canada restated an “outperform” rating and issued a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Barclays upped their price target on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Wells Fargo & Company upped their target price on shares of Williams Companies from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Williams Companies in a research report on Tuesday, October 14th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Williams Companies has a consensus rating of “Moderate Buy” and an average price target of $66.73.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction 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 sale, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the firm’s 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 owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is owned by corporate insiders.

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.