New Hampshire Trust Purchases 759 Shares of Williams Companies, Inc. (The) $WMB

New Hampshire Trust raised its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 3.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 22,508 shares of the pipeline company’s stock after acquiring an additional 759 shares during the quarter. New Hampshire Trust’s holdings in Williams Companies were worth $1,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Chapin Davis Inc. lifted its position in shares of Williams Companies by 1.6% in the 2nd quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company’s stock worth $688,000 after purchasing an additional 170 shares during the period. Wallace Advisory Group LLC raised its position in shares of Williams Companies by 2.6% in the 2nd quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock worth $420,000 after acquiring an additional 176 shares in the last quarter. Whittier Trust Co. raised its position in shares of Williams Companies by 2.2% in the 2nd quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock worth $514,000 after acquiring an additional 179 shares in the last quarter. TrueWealth Advisors LLC raised its position in shares of Williams Companies by 0.7% in the 2nd quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company’s stock worth $1,559,000 after acquiring an additional 182 shares in the last quarter. Finally, Chesley Taft & Associates LLC raised its position in shares of Williams Companies by 1.8% in the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company’s stock worth $642,000 after acquiring an additional 184 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on WMB shares. Scotiabank increased their price objective on shares of Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 15th. UBS Group lifted their price target on shares of Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. BMO Capital Markets assumed coverage on shares of Williams Companies in a research report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price target on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $63.00 price target on shares of Williams Companies in a research report on Tuesday, July 15th. Finally, Zacks Research cut shares of Williams Companies from a “hold” rating to a “strong sell” rating in a research report on Friday, October 17th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $66.73.

Williams Companies Trading Down 2.4%

Shares of WMB stock opened at $57.50 on Friday. The firm has a market cap of $70.12 billion, a P/E ratio of 28.90, a PEG ratio of 1.92 and a beta of 0.65. The company has a 50 day moving average of $60.26 and a 200-day moving average of $59.35. 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 12-month low of $51.46 and a 12-month high of $65.55.

Williams Companies (NYSE:WMB) last posted its quarterly 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 company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the business earned $0.43 earnings per share. Williams Companies’s revenue was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Sell-side analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend was Friday, September 12th. Williams Companies’s dividend payout ratio is presently 100.50%.

Insider Transactions at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction on Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the completion of the sale, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 sale, the senior vice president directly owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 8,500 shares of company stock worth $497,715. Insiders own 0.44% of the company’s stock.

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.