Campbell & CO Investment Adviser LLC Raises Stock Holdings in Williams Companies, Inc. (The) $WMB

Campbell & CO Investment Adviser LLC boosted its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 101.4% in the second quarter, HoldingsChannel.com reports. The fund owned 18,880 shares of the pipeline company’s stock after acquiring an additional 9,504 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Williams Companies were worth $1,186,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Brighton Jones LLC increased its holdings in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the period. CWM LLC boosted its holdings in shares of Williams Companies by 10.5% in the 1st quarter. CWM LLC now owns 70,524 shares of the pipeline company’s stock valued at $4,215,000 after acquiring an additional 6,701 shares during the last quarter. Sigma Planning Corp increased its stake in shares of Williams Companies by 2.0% in the first quarter. Sigma Planning Corp now owns 32,378 shares of the pipeline company’s stock worth $1,935,000 after acquiring an additional 645 shares during the period. Apollon Wealth Management LLC raised its holdings in shares of Williams Companies by 16.9% during the first quarter. Apollon Wealth Management LLC now owns 38,362 shares of the pipeline company’s stock worth $2,293,000 after purchasing an additional 5,545 shares during the last quarter. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Williams Companies by 7.4% during the first quarter. SBI Securities Co. Ltd. now owns 9,216 shares of the pipeline company’s stock worth $551,000 after purchasing an additional 634 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s 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 transaction, the senior vice president directly owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.44% of the stock is currently owned by company insiders.

Williams Companies Trading Down 0.3%

Shares of WMB stock opened at $60.43 on Thursday. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $65.55. The company has a market cap of $73.80 billion, a price-to-earnings ratio of 30.37, a PEG ratio of 1.91 and a beta of 0.63. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. The stock has a 50 day simple moving average of $60.55 and a 200-day simple moving average of $59.44.

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

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors 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 dividend payout ratio is 103.09%.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. CIBC raised Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target on the stock in a research report on Friday, August 15th. Argus reaffirmed a “buy” rating and set a $66.00 target price on shares of Williams Companies in a report on Thursday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Tuesday. BMO Capital Markets lowered their price objective on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, Mizuho raised shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $67.86.

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.