Olistico Wealth LLC Sells 495 Shares of Williams Companies, Inc. (The) $WMB

Olistico Wealth LLC trimmed its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 16.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 2,558 shares of the pipeline company’s stock after selling 495 shares during the period. Olistico Wealth LLC’s holdings in Williams Companies were worth $161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in the stock. 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 valued at $34,489,000 after acquiring an additional 6,816 shares during the period. Cbre Investment Management Listed Real Assets LLC grew its holdings in shares of Williams Companies by 362.5% during the 1st 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 purchasing an additional 1,149,045 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Williams Companies by 27.5% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company’s stock valued at $24,081,000 after purchasing an additional 87,031 shares during the period. Kessler Investment Group LLC bought a new position in Williams Companies in the first quarter worth $327,000. Finally, Good Steward Wealth Advisors LLC bought a new position in Williams Companies in the first quarter worth $977,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the transaction, the senior vice president owned 311,645 shares in the company, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction dated 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 owned 77,612 shares of the company’s stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,500 shares of company stock valued at $497,715 over the last ninety days. 0.44% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

NYSE WMB opened at $64.54 on Friday. Williams Companies, Inc. has a 1-year low of $48.41 and a 1-year high of $65.55. The company has a 50 day moving average of $59.14 and a 200-day moving average of $58.97. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. The firm has a market cap of $78.70 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.15 and a beta of 0.65.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the firm earned $0.43 earnings per share. The firm’s 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. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 3.1%. Williams Companies’s dividend payout ratio (DPR) is 100.50%.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating and issued a $63.00 price objective on shares of Williams Companies in a research note on Tuesday, July 15th. BMO Capital Markets started coverage on shares of Williams Companies in a research note on Friday, September 19th. They issued an “outperform” rating and a $66.00 target price on the stock. Wells Fargo & Company increased their price target on shares of Williams Companies from $67.00 to $70.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. CIBC raised 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. Finally, Wolfe Research upgraded Williams Companies from an “underperform” rating to a “peer perform” rating in a research note on Friday, June 13th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Williams Companies presently has a consensus rating of “Moderate Buy” and an average price target of $65.53.

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.