Seven Post Investment Office LP Takes $3.88 Million Position in Williams Companies, Inc. (The) $WMB

Seven Post Investment Office LP purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 61,760 shares of the pipeline company’s stock, valued at approximately $3,879,000. Williams Companies comprises approximately 1.5% of Seven Post Investment Office LP’s holdings, making the stock its 14th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMB. Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in Williams Companies by 1.2% during the first 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 last quarter. Cbre Investment Management Listed Real Assets LLC raised its position in shares of Williams Companies by 362.5% during 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 buying an additional 1,149,045 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings 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 acquiring an additional 87,031 shares during the last quarter. Kessler Investment Group LLC purchased a new position in Williams Companies in the first quarter worth about $327,000. Finally, Hennion & Walsh Asset Management Inc. increased its stake in Williams Companies by 14.0% during the first quarter. Hennion & Walsh Asset Management Inc. now owns 85,839 shares of the pipeline company’s stock worth $5,130,000 after acquiring an additional 10,561 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on WMB shares. 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 note on Tuesday, July 15th. Argus restated a “buy” rating and issued a $66.00 target price on shares of Williams Companies in a report on Thursday, August 14th. Royal Bank Of Canada reissued an “outperform” rating and issued a $63.00 price objective on shares of Williams Companies in a research report on Tuesday, July 15th. CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target on the stock in a report on Friday, August 15th. Finally, Wells Fargo & Company upped their price objective on Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $63.07.

Insiders Place Their Bets

In other news, COO Larry C. Larsen sold 4,500 shares of the business’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 owned 77,612 shares of the company’s stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following the transaction, the senior vice president owned 311,645 shares of the company’s stock, 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. Insiders sold 10,500 shares of company stock worth $623,115 in the last quarter. Company insiders own 0.44% of the company’s stock.

Williams Companies Trading Up 2.0%

NYSE WMB opened at $61.35 on Wednesday. The company has a 50 day moving average price of $58.25 and a 200 day moving average price of $58.58. Williams Companies, Inc. has a 52 week low of $44.56 and a 52 week high of $63.45. 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 firm has a market cap of $74.80 billion, a PE ratio of 30.83, a price-to-earnings-growth ratio of 2.01 and a beta of 0.65.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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 firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the prior year, the company posted $0.43 earnings per share. The firm’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. As a group, sell-side analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, September 12th. Williams Companies’s dividend payout ratio is 100.50%.

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.