Williams Companies, Inc. (The) $WMB Shares Acquired by Aperture Investors LLC

Aperture Investors LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 49.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 103,134 shares of the pipeline company’s stock after buying an additional 33,970 shares during the quarter. Aperture Investors LLC’s holdings in Williams Companies were worth $6,478,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies during the 1st quarter valued at approximately $25,000. Saudi Central Bank bought a new stake in Williams Companies during the first quarter valued at $29,000. Private Wealth Management Group LLC raised its holdings in shares of Williams Companies by 104.8% during the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 240 shares during the period. Hartford Funds Management Co LLC bought a new position in shares of Williams Companies in the 2nd quarter worth about $29,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Williams Companies in the 2nd quarter valued at about $32,000. Institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

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

Williams Companies Trading Down 0.7%

NYSE:WMB opened at $61.51 on Wednesday. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $65.55. The business has a fifty day moving average of $60.74 and a 200-day moving average of $59.70. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.36 and a current ratio of 0.42. The stock has a market cap of $75.11 billion, a price-to-earnings ratio of 31.70, a PEG ratio of 1.66 and a beta of 0.62.

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 20.61% and a return on equity of 16.74%. The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same quarter in the prior year, the company earned $0.43 EPS. The business’s quarterly revenue was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Williams Companies’s payout ratio is currently 103.09%.

Analysts Set New Price Targets

Several research firms recently weighed in on WMB. Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Argus reaffirmed a “buy” rating and set a $66.00 target price 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 target on the stock in a research report on Friday, August 15th. Citigroup boosted their price objective on Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 15th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $68.21.

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.