LVW Advisors LLC Acquires Shares of 6,144 Williams Companies, Inc. (The) $WMB

LVW Advisors LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,144 shares of the pipeline company’s stock, valued at approximately $386,000.

Several other large investors also recently bought and sold shares of WMB. Nuveen LLC purchased a new stake in Williams Companies during the 1st quarter valued at about $335,419,000. Goldman Sachs Group Inc. boosted its holdings in Williams Companies by 45.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock valued at $677,623,000 after purchasing an additional 3,519,370 shares during the last quarter. Bahl & Gaynor Inc. lifted its holdings in shares of Williams Companies by 34.0% in the 1st quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock worth $674,566,000 after acquiring an additional 2,861,988 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Williams Companies by 6,407.2% in the 1st quarter. GAMMA Investing LLC now owns 2,238,490 shares of the pipeline company’s stock worth $133,772,000 after acquiring an additional 2,204,090 shares during the last quarter. Finally, Voya Investment Management LLC lifted its holdings in shares of Williams Companies by 275.7% in the 1st quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock worth $155,933,000 after acquiring an additional 1,914,730 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Argus restated a “buy” rating and issued a $66.00 price objective on shares of Williams Companies in a report on Thursday, August 14th. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Friday. BMO Capital Markets began coverage on shares of Williams Companies in a research note on Friday, September 19th. They set an “outperform” rating and a $66.00 target price on the stock. Scotiabank upped their target price on shares of Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 15th. Finally, Barclays increased their price objective on shares of Williams Companies from $58.00 to $59.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $63.07.

Insider Activity

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the completion of the transaction, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the transaction, the chief operating officer owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 10,500 shares of company stock valued at $623,115 in the last quarter. Company insiders own 0.44% of the company’s stock.

Williams Companies Stock Up 1.2%

WMB stock opened at $64.05 on Friday. Williams Companies, Inc. has a one year low of $44.65 and a one year high of $64.48. The stock has a market capitalization of $78.10 billion, a PE ratio of 32.19, a price-to-earnings-growth ratio of 2.14 and a beta of 0.65. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The company has a fifty day moving average of $58.53 and a 200-day moving average of $58.76.

Williams Companies (NYSE:WMB) last released its earnings results 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 return on equity of 16.23% and a net margin of 21.63%.The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last 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. As a group, analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 12th will be paid a $0.50 dividend. The ex-dividend date is Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

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.