Williams Companies, Inc. (The) $WMB Shares Sold by Warburton Capital Management LLC

Warburton Capital Management LLC trimmed its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 61.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,430 shares of the pipeline company’s stock after selling 16,601 shares during the period. Williams Companies makes up 0.4% of Warburton Capital Management LLC’s investment portfolio, making the stock its 21st largest holding. Warburton Capital Management LLC’s holdings in Williams Companies were worth $614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Nuveen LLC purchased a new stake in shares of Williams Companies in the first quarter valued at about $335,419,000. Goldman Sachs Group Inc. raised its position in 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 worth $677,623,000 after acquiring an additional 3,519,370 shares during the last quarter. Bahl & Gaynor Inc. grew 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 worth $674,566,000 after buying an additional 2,861,988 shares in the last quarter. Voya Investment Management LLC grew 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 worth $155,933,000 after buying an additional 1,914,730 shares in the last quarter. Finally, Wellington Management Group LLP grew 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 worth $1,770,336,000 after buying an additional 1,680,477 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the sale, the senior vice president owned 311,645 shares in the company, valued at $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction 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 sale, the chief operating officer owned 77,612 shares in the company, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock worth $497,715 in the last quarter. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

Shares of Williams Companies stock opened at $58.88 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 fifty-two week low of $51.46 and a fifty-two week high of $65.55. The firm has a fifty day moving average price of $60.26 and a two-hundred day moving average price of $59.29. The company has a market cap of $71.80 billion, a PE ratio of 29.59, a price-to-earnings-growth ratio of 2.07 and a beta of 0.65.

Williams Companies (NYSE:WMB) last issued its quarterly 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). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period last year, the company earned $0.43 earnings per share. Williams Companies’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 expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.4%. Williams Companies’s payout ratio is currently 100.50%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. UBS Group boosted their target price on shares of Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. Barclays boosted their price objective on shares of Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. The Goldman Sachs Group boosted their target price on shares of Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Argus reissued a “buy” rating and set a $66.00 price objective on shares of Williams Companies in a report on Thursday, August 14th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $63.00 price objective on shares of Williams Companies in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.73.

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.