Williams Companies, Inc. (The) $WMB Shares Sold by Partners Group Holding AG

Partners Group Holding AG cut its position in Williams Companies, Inc. (The) (NYSE:WMB) by 3.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 764,243 shares of the pipeline company’s stock after selling 27,088 shares during the quarter. Williams Companies accounts for 2.3% of Partners Group Holding AG’s holdings, making the stock its 12th largest holding. Partners Group Holding AG owned approximately 0.06% of Williams Companies worth $48,002,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMB. Nuveen LLC acquired a new position in Williams Companies during the 1st quarter worth $335,419,000. Goldman Sachs Group Inc. grew its stake in Williams Companies by 45.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock worth $677,623,000 after purchasing an additional 3,519,370 shares in the last quarter. Bahl & Gaynor Inc. grew its stake in Williams Companies by 34.0% during the 1st quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock worth $674,566,000 after purchasing an additional 2,861,988 shares in the last quarter. Voya Investment Management LLC grew its stake in Williams Companies by 275.7% during the 1st quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock worth $155,933,000 after purchasing an additional 1,914,730 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in Williams Companies by 6.0% during the 1st quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after purchasing an additional 1,680,477 shares in the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Up 2.0%

Shares of NYSE WMB opened at $59.04 on Tuesday. The company has a market capitalization of $71.99 billion, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 1.91 and a beta of 0.65. 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 business has a 50-day moving average of $60.36 and a two-hundred day moving average of $59.41. Williams Companies, Inc. has a 1 year low of $51.48 and a 1 year high of $65.55.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the firm earned $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, 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 announced a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 12th will be given a $0.50 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. Williams Companies’s dividend payout ratio is 100.50%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WMB shares. Royal Bank Of Canada reissued an “outperform” rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. UBS Group boosted their target price on Williams Companies from $74.00 to $78.00 and gave the stock a “buy” rating in a research note on Tuesday, September 30th. Wall Street Zen cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Finally, Mizuho raised 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 assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $67.50.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of the company’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total value 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 $4,537,973.64. This represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 value of $115,240.00. Following the completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by corporate insiders.

About Williams Companies

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.