Williams Companies, Inc. (The) $WMB is Asset Management Advisors LLC’s 3rd Largest Position

Asset Management Advisors LLC cut its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 0.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 176,189 shares of the pipeline company’s stock after selling 390 shares during the quarter. Williams Companies accounts for 7.4% of Asset Management Advisors LLC’s portfolio, making the stock its 3rd largest position. Asset Management Advisors LLC’s holdings in Williams Companies were worth $11,066,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of WMB. Flaharty Asset Management LLC purchased a new stake in Williams Companies during the first quarter valued at about $25,000. HWG Holdings LP acquired a new position in shares of Williams Companies in the 1st quarter valued at about $26,000. Saudi Central Bank acquired a new position in shares of Williams Companies in the 1st quarter valued at about $29,000. Private Wealth Management Group LLC increased its holdings in shares of Williams Companies by 104.8% in the 2nd 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. Finally, Iron Horse Wealth Management LLC increased its holdings in shares of Williams Companies by 4,490.9% in the 1st 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. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on WMB shares. 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. The Goldman Sachs Group upped their target price on Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Argus reiterated a “buy” rating and issued a $66.00 target price on shares of Williams Companies in a report on Thursday, August 14th. Scotiabank upped their target price on Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a report on Tuesday, July 15th. Finally, CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective on the stock in a report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.73.

Insider Buying and Selling at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $58.47, for a total value 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. This trade represents a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was 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 approximately $17,956,984.90. The trade was a 0.64% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,500 shares of company stock worth $497,715. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Trading Down 0.2%

Shares of WMB stock opened at $62.39 on Monday. Williams Companies, Inc. has a 12 month low of $51.34 and a 12 month high of $65.55. 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 business’s 50 day moving average is $59.95 and its two-hundred day moving average is $59.16. The company 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 posted 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). The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The firm’s revenue was up 19.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities 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 was paid on Monday, September 29th. Stockholders 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 annualized dividend and a dividend yield of 3.2%. Williams Companies’s dividend payout ratio (DPR) is presently 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.