Moors & Cabot Inc. Has $13.54 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Moors & Cabot Inc. decreased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 215,614 shares of the pipeline company’s stock after selling 2,647 shares during the period. Moors & Cabot Inc.’s holdings in Williams Companies were worth $13,543,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in WMB. Vanguard Group Inc. boosted its position in Williams Companies by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company’s stock valued at $7,838,312,000 after buying an additional 807,019 shares during the last quarter. Wellington Management Group LLP boosted its stake in Williams Companies by 6.0% in the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock valued at $1,770,336,000 after acquiring an additional 1,680,477 shares during the last quarter. Deutsche Bank AG grew its holdings in Williams Companies by 5.6% during the 1st quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company’s stock worth $1,047,025,000 after acquiring an additional 932,998 shares during the period. Northern Trust Corp raised its position in shares of Williams Companies by 0.4% during the 1st quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company’s stock valued at $913,840,000 after acquiring an additional 54,902 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of 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 period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. CIBC raised shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 target price for the company in a research note on Friday, August 15th. The Goldman Sachs Group increased their target price on shares of Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Argus reissued a “buy” rating and issued a $66.00 price target on shares of Williams Companies in a report on Thursday, August 14th. Finally, Scotiabank raised their price objective on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $67.50.

Insider Buying and Selling at Williams Companies

In related news, 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 value of $115,240.00. Following the completion of the transaction, the senior vice president owned 311,645 shares of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Larry C. Larsen sold 4,500 shares of the business’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the transaction, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This trade represents a 5.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE WMB opened at $56.49 on Wednesday. The company has a market cap of $68.88 billion, a PE ratio of 28.38, a price-to-earnings-growth ratio of 1.91 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $65.55. The business’s 50 day moving average price is $60.35 and its two-hundred day moving average price is $59.40.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.02). The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The business’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) 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.