Samjo Management LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Samjo Management LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,070 shares of the pipeline company’s stock, valued at approximately $821,000.

Several other institutional investors and hedge funds have also modified their holdings of WMB. Flaharty Asset Management LLC acquired a new stake in Williams Companies during the 1st quarter valued at $25,000. Saudi Central Bank acquired a new position in Williams Companies in the first quarter worth $29,000. Private Wealth Management Group LLC boosted its stake in Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 240 shares in the last quarter. Hartford Funds Management Co LLC bought a new stake in shares of Williams Companies during the second quarter worth $29,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Williams Companies in the second quarter valued at $32,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Up 1.2%

Shares of NYSE:WMB opened at $60.96 on Monday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. The stock has a market cap of $74.44 billion, a price-to-earnings ratio of 30.63, a P/E/G ratio of 1.91 and a beta of 0.63. The company has a 50 day moving average of $60.86 and a 200-day moving average of $59.54. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.02). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the prior year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, sell-side analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) is currently 103.09%.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 4,000 shares of Williams Companies stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $60.53, for a total transaction of $242,120.00. Following the completion of the sale, the senior vice president directly owned 302,645 shares of the company’s stock, valued at $18,319,101.85. The trade was a 1.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.44% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on WMB shares. Zacks Research downgraded shares of Williams Companies from a “hold” rating to a “strong sell” rating in a research report on Friday, October 17th. Mizuho raised shares of Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. 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. The Goldman Sachs Group increased their price target on shares of Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. Finally, Cibc World Mkts raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $68.21.

About Williams Companies

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.