Williams Companies, Inc. (The) $WMB Shares Sold by Quotient Wealth Partners LLC

Quotient Wealth Partners LLC cut its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 9.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 9,263 shares of the pipeline company’s stock after selling 931 shares during the period. Quotient Wealth Partners LLC’s holdings in Williams Companies were worth $582,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMB. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Williams Companies by 1.2% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company’s stock worth $34,489,000 after acquiring an additional 6,816 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC increased its position in shares of Williams Companies by 362.5% in the first quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company’s stock worth $87,608,000 after acquiring an additional 1,149,045 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Williams Companies by 27.5% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company’s stock valued at $24,081,000 after acquiring an additional 87,031 shares during the period. Kessler Investment Group LLC acquired a new position in shares of Williams Companies during the 1st quarter valued at $327,000. Finally, Golden State Wealth Management LLC boosted its position in Williams Companies by 9.4% during the 1st quarter. Golden State Wealth Management LLC now owns 4,788 shares of the pipeline company’s stock worth $286,000 after purchasing an additional 410 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Williams Companies in a research note on Tuesday, October 14th. CIBC upgraded 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. 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 price target on the stock. Argus restated a “buy” rating and set a $66.00 target price on shares of Williams Companies in a research note on Thursday, August 14th. Finally, Scotiabank increased their price target on Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a report on Tuesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $66.73.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on 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 sale, the senior vice president owned 311,645 shares in the company, 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 at this link. Also, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction on 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 directly owned 77,612 shares in the company, valued at $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $62.39 on Friday. 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 1 year low of $51.34 and a 1 year high of $65.55. The firm’s 50-day simple moving average is $59.95 and its 200-day simple moving average is $59.16. The firm has a market cap of $76.08 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65.

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

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were paid a dividend of $0.50 per share. The ex-dividend date was Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.2%. 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.