Williams Companies, Inc. (The) $WMB Shares Purchased by Calamos Advisors LLC

Calamos Advisors LLC raised its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 12.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 574,365 shares of the pipeline company’s stock after acquiring an additional 63,452 shares during the period. Calamos Advisors LLC’s holdings in Williams Companies were worth $36,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. Nuveen LLC acquired a new stake in shares of Williams Companies in the 1st quarter valued at about $335,419,000. Goldman Sachs Group Inc. lifted its stake in Williams Companies by 45.0% in the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock valued at $677,623,000 after buying an additional 3,519,370 shares during the last quarter. Bahl & Gaynor Inc. lifted its stake in Williams Companies by 34.0% in the first quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock valued at $674,566,000 after buying an additional 2,861,988 shares during the last quarter. Voya Investment Management LLC boosted its holdings in shares of Williams Companies by 275.7% in the first quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock valued at $155,933,000 after acquiring an additional 1,914,730 shares during the period. Finally, Wellington Management Group LLP grew its position in shares of Williams Companies by 6.0% during the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after acquiring an additional 1,680,477 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $60.43 on Thursday. 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 company has a 50-day moving average price of $60.55 and a 200 day moving average price of $59.44. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $65.55. The company has a market cap of $73.80 billion, a P/E ratio of 30.37, a PEG ratio of 1.91 and a beta of 0.63.

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

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, December 12th. Williams Companies’s payout ratio is presently 103.09%.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Thursday, September 4th. The shares were 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 in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.44% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently commented on WMB. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Tuesday. Argus reaffirmed a “buy” rating and issued a $66.00 target price on shares of Williams Companies in a report on Thursday, August 14th. Morgan Stanley increased their target price on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. The Goldman Sachs Group boosted their price target on Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Finally, TD Cowen increased their price objective on Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Williams Companies currently has an average rating of “Moderate Buy” and an average price target of $67.86.

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.