Yousif Capital Management LLC Has $9.67 Million Position in Williams Companies, Inc. (The) $WMB

Yousif Capital Management LLC lowered its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,876 shares of the pipeline company’s stock after selling 2,468 shares during the quarter. Yousif Capital Management LLC’s holdings in Williams Companies were worth $9,665,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies in the 1st quarter valued at $25,000. HWG Holdings LP acquired a new stake in shares of Williams Companies in the 1st quarter valued at $26,000. Saudi Central Bank acquired a new stake in shares of Williams Companies in the 1st quarter valued at $29,000. Iron Horse Wealth Management LLC boosted its holdings in shares of Williams Companies by 4,490.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 494 shares in the last quarter. Finally, Abound Financial LLC acquired a new stake in shares of Williams Companies in the 1st quarter valued at $32,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the completion of the transaction, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This trade represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was 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 represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is owned by corporate insiders.

Williams Companies Trading Up 0.0%

NYSE WMB opened at $62.63 on Tuesday. The company has a market cap of $76.37 billion, a price-to-earnings ratio of 31.47, a price-to-earnings-growth ratio of 2.09 and a beta of 0.65. 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 twelve month low of $50.24 and a twelve month high of $65.55. The business’s fifty day moving average is $59.60 and its 200 day moving average is $59.09.

Williams Companies (NYSE:WMB) last announced its 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 for the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, sell-side analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, September 12th. Williams Companies’s dividend payout ratio (DPR) is currently 100.50%.

Analysts Set New Price Targets

WMB has been the topic of a number of research analyst reports. Jefferies Financial Group initiated coverage on Williams Companies in a report on Thursday, October 9th. They issued a “buy” rating and a $72.00 target price on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $63.00 target price on shares of Williams Companies in a report on Tuesday, July 15th. Morgan Stanley raised their target price on Williams Companies from $70.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. 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, Barclays raised their price objective on Williams Companies from $59.00 to $65.00 and gave the company an “equal weight” rating in a report on Tuesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $65.94.

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.