Wealthcare Advisory Partners LLC Acquires 428 Shares of Williams Companies, Inc. (The) $WMB

Wealthcare Advisory Partners LLC raised its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 7.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,437 shares of the pipeline company’s stock after purchasing an additional 428 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Williams Companies were worth $404,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Williams Companies by 1.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company’s stock valued at $34,489,000 after purchasing an additional 6,816 shares during the period. Cbre Investment Management Listed Real Assets LLC lifted its stake in shares of Williams Companies by 362.5% in the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company’s stock valued at $87,608,000 after purchasing an additional 1,149,045 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Williams Companies by 27.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company’s stock valued at $24,081,000 after purchasing an additional 87,031 shares during the period. Kessler Investment Group LLC purchased a new position in shares of Williams Companies in the 1st quarter valued at approximately $327,000. Finally, Good Steward Wealth Advisors LLC purchased a new position in shares of Williams Companies in the 1st quarter valued at approximately $977,000. Institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on WMB shares. Wells Fargo & Company raised their target price on Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. BMO Capital Markets initiated coverage on Williams Companies in a research report on Friday, September 19th. They set an “outperform” rating and a $66.00 price objective for the company. Scotiabank raised their price objective on Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 15th. TD Cowen initiated coverage on Williams Companies in a research report on Monday, July 7th. They set a “buy” rating and a $67.00 price objective for the company. Finally, Barclays raised their price objective on Williams Companies from $59.00 to $65.00 and gave the company an “equal weight” rating in a research report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $65.94.

Williams Companies Trading Down 0.7%

Williams Companies stock opened at $63.08 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a one year low of $49.17 and a one year high of $65.55. The stock has a market capitalization of $76.91 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 2.12 and a beta of 0.65. The business’s fifty day moving average is $59.51 and its 200 day moving average is $59.07.

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 net margin of 21.63% and a return on equity of 16.23%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same period last year, the business earned $0.43 earnings per share. The company’s quarterly 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. On average, sell-side analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the transaction, the senior vice president directly owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction dated 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 transaction, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock worth $497,715 over the last ninety days. 0.44% of the stock is currently owned by insiders.

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.