Aviso Financial Inc. Grows Stock Holdings in Williams Companies, Inc. (The) $WMB

Aviso Financial Inc. increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 5.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 101,582 shares of the pipeline company’s stock after purchasing an additional 5,281 shares during the quarter. Aviso Financial Inc.’s holdings in Williams Companies were worth $6,380,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Chapin Davis Inc. grew its holdings in shares of Williams Companies by 1.6% in the second quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company’s stock worth $688,000 after acquiring an additional 170 shares during the period. Wallace Advisory Group LLC boosted its position in Williams Companies by 2.6% in the second quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock worth $420,000 after purchasing an additional 176 shares during the last quarter. Whittier Trust Co. grew its stake in shares of Williams Companies by 2.2% during the 2nd quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock valued at $514,000 after purchasing an additional 179 shares during the period. TrueWealth Advisors LLC increased its position in shares of Williams Companies by 0.7% during the 2nd quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company’s stock valued at $1,559,000 after purchasing an additional 182 shares during the last quarter. Finally, Chesley Taft & Associates LLC increased its position in shares of Williams Companies by 1.8% during the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company’s stock valued at $642,000 after purchasing an additional 184 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 4,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the sale, the senior vice president owned 302,645 shares in the company, valued at $18,319,101.85. The trade was a 1.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on WMB shares. CIBC raised shares of 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. Morgan Stanley increased their price target on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Citigroup boosted their price objective on shares of Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Finally, Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 15th. Two 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $68.21.

Williams Companies Stock Performance

NYSE:WMB opened at $59.48 on Tuesday. The stock has a 50-day moving average price of $60.79 and a 200 day moving average price of $59.47. The stock has a market capitalization of $72.64 billion, a P/E ratio of 29.89, a P/E/G ratio of 1.91 and a beta of 0.63. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73.

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

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 12th will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) is presently 103.09%.

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.