Vanguard Personalized Indexing Management LLC Raises Position in Williams Companies, Inc. (The) $WMB

Vanguard Personalized Indexing Management LLC raised its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 17.0% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 169,797 shares of the pipeline company’s stock after buying an additional 24,668 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Williams Companies were worth $10,665,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Chapin Davis Inc. lifted its position in shares of Williams Companies by 1.6% during the 2nd quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company’s stock worth $688,000 after purchasing an additional 170 shares during the last quarter. TrueWealth Advisors LLC lifted its position in shares of Williams Companies by 0.7% during the 2nd quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company’s stock worth $1,559,000 after purchasing an additional 182 shares during the last quarter. Castleview Partners LLC lifted its position in shares of Williams Companies by 4.2% during the 1st quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company’s stock worth $268,000 after purchasing an additional 183 shares during the last quarter. Chesley Taft & Associates LLC lifted its position in shares of Williams Companies by 1.8% during the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company’s stock worth $642,000 after purchasing an additional 184 shares during the last quarter. Finally, Quarry LP lifted its position in shares of Williams Companies by 20.3% during the 1st quarter. Quarry LP now owns 1,095 shares of the pipeline company’s stock worth $65,000 after purchasing an additional 185 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total transaction of $115,240.00. Following the transaction, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,500 shares of company stock worth $497,715. Company insiders own 0.44% of the company’s stock.

Williams Companies Trading Down 0.8%

NYSE WMB opened at $62.60 on Monday. 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 firm has a market cap of $76.33 billion, a PE ratio of 31.46, a P/E/G ratio of 2.09 and a beta of 0.65. Williams Companies, Inc. has a one year low of $49.30 and a one year high of $65.55. The firm’s fifty day moving average is $59.55 and its two-hundred day moving average is $59.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were paid a $0.50 dividend. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Williams Companies’s payout ratio is currently 100.50%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Jefferies Financial Group assumed coverage on shares of Williams Companies in a research report on Thursday. They set a “buy” rating and a $72.00 price objective for the company. BMO Capital Markets began coverage on shares of Williams Companies in a research report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price target for the company. Cibc World Mkts raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 15th. The Goldman Sachs Group boosted their price target on shares of Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Finally, Scotiabank boosted their price target on shares of Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a research report on Tuesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Moderate Buy” and an average target price of $65.94.

Williams Companies 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.