Williams Companies, Inc. (The) $WMB Stake Lifted by CW Advisors LLC

CW Advisors LLC grew its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2,100.1% in the first quarter, according to its most recent filing with the SEC. The firm owned 285,909 shares of the pipeline company’s stock after acquiring an additional 272,914 shares during the quarter. CW Advisors LLC’s holdings in Williams Companies were worth $17,088,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. EP Wealth Advisors LLC lifted its position in shares of Williams Companies by 1.0% in the 4th quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company’s stock worth $968,000 after acquiring an additional 183 shares during the period. Castleview Partners LLC raised its holdings in shares of Williams Companies by 4.2% in the 1st quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company’s stock worth $268,000 after buying an additional 183 shares in the last quarter. Napa Wealth Management raised its holdings in shares of Williams Companies by 2.7% in the 4th quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company’s stock worth $389,000 after buying an additional 190 shares in the last quarter. Mirador Capital Partners LP raised its holdings in shares of Williams Companies by 1.2% in the 1st quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company’s stock worth $999,000 after buying an additional 196 shares in the last quarter. Finally, Perkins Coie Trust Co increased its holdings in Williams Companies by 13.3% during the 1st quarter. Perkins Coie Trust Co now owns 1,700 shares of the pipeline company’s stock valued at $102,000 after purchasing an additional 200 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on WMB. TD Cowen began coverage on Williams Companies in a research report on Monday, July 7th. They issued a “buy” rating and a $67.00 price objective on the stock. Wells Fargo & Company lifted their price target on Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Argus reiterated a “buy” rating and set a $66.00 price target on shares of Williams Companies in a report on Thursday, August 14th. CIBC upgraded Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price objective for the company in a report on Friday, August 15th. Finally, Wolfe Research upgraded Williams Companies from an “underperform” rating to a “peer perform” rating in a report on Friday, June 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $62.86.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Friday, August 1st. The shares were sold at an average price of $59.68, for a total transaction of $119,360.00. Following the completion of the transaction, the senior vice president directly owned 313,645 shares in the company, valued at approximately $18,718,333.60. This represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 value 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 approximately $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock valued at $507,875 over the last 90 days. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Trading Up 1.0%

Shares of WMB stock opened at $57.7750 on Friday. 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 stock has a market cap of $70.45 billion, a P/E ratio of 29.03, a price-to-earnings-growth ratio of 1.91 and a beta of 0.66. The stock has a 50 day simple moving average of $58.81 and a 200 day simple moving average of $58.30. Williams Companies, Inc. has a 1 year low of $43.98 and a 1 year high of $63.45.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). The company 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 company’s quarterly revenue was up 19.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, research analysts predict 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 will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.5%. Williams Companies’s dividend payout ratio 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.