FSM Wealth Advisors LLC Buys New Shares in Williams Companies, Inc. (The) $WMB

FSM Wealth Advisors LLC bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 7,674 shares of the pipeline company’s stock, valued at approximately $449,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Flaharty Asset Management LLC purchased a new position in Williams Companies in the first quarter valued at $25,000. Saudi Central Bank purchased a new position in Williams Companies in the first quarter valued at $29,000. Private Wealth Management Group LLC boosted its holdings in Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 240 shares during the period. Iron Horse Wealth Management LLC boosted its holdings in Williams Companies by 4,490.9% in the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 494 shares during the period. Finally, Abound Financial LLC purchased a new position in Williams Companies in the first quarter valued at $32,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WMB. Royal Bank Of Canada reiterated an “outperform” rating and issued a $63.00 target price on shares of Williams Companies in a report on Tuesday, July 15th. Argus restated a “buy” rating and issued a $66.00 price target on shares of Williams Companies in a research note on Thursday, August 14th. UBS Group raised their price target on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research note on Tuesday, September 30th. Jefferies Financial Group assumed coverage on Williams Companies in a research note on Thursday, October 9th. They issued a “buy” rating and a $72.00 price target on the stock. Finally, Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Williams Companies has an average rating of “Moderate Buy” and a consensus price target of $66.73.

Insider Transactions at Williams Companies

In other news, 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 sale, the chief operating officer owned 77,612 shares in the company, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 sale, the senior vice president owned 311,645 shares in the company, valued at $17,956,984.90. This trade represents a 0.64% 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. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 5.3%

WMB opened at $58.88 on Friday. The business’s 50-day simple moving average is $60.26 and its 200-day simple moving average is $59.29. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. Williams Companies, Inc. has a one year low of $51.46 and a one year high of $65.55. The stock has a market capitalization of $71.80 billion, a P/E ratio of 29.59, a price-to-earnings-growth ratio of 2.07 and a beta of 0.65.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the firm posted $0.43 EPS. 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. Analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were given 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 dividend yield of 3.4%. Williams Companies’s payout ratio is 100.50%.

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.