Williams Companies, Inc. (The) $WMB Shares Sold by Advisory Services Network LLC

Advisory Services Network LLC cut its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 11.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,806 shares of the pipeline company’s stock after selling 10,758 shares during the period. Advisory Services Network LLC’s holdings in Williams Companies were worth $5,144,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of WMB. Norges Bank acquired a new position in shares of Williams Companies during the second quarter worth about $765,164,000. BROOKFIELD Corp ON lifted its stake in Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Invesco Ltd. lifted its stake in Williams Companies by 27.3% in the second quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after acquiring an additional 3,089,390 shares during the last quarter. Bahl & Gaynor Inc. grew its holdings 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 acquiring an additional 2,861,988 shares in the last quarter. Finally, Artisan Partners Limited Partnership increased its position in shares of Williams Companies by 39.0% in the 2nd quarter. Artisan Partners Limited Partnership now owns 6,954,733 shares of the pipeline company’s stock valued at $436,827,000 after purchasing an additional 1,950,485 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total value of $123,800.00. Following the transaction, the senior vice president directly owned 297,545 shares in the company, valued at approximately $18,418,035.50. This trade represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 0.4%

WMB stock opened at $59.52 on Tuesday. The company has a market cap of $72.68 billion, a price-to-earnings ratio of 30.68, a price-to-earnings-growth ratio of 1.60 and a beta of 0.62. The company has a fifty day moving average price of $60.43 and a 200 day moving average price of $59.71. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $65.55.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.02). Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same period in the previous year, the business posted $0.43 earnings per share. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

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

Analyst Ratings Changes

WMB has been the subject of several recent analyst reports. BMO Capital Markets decreased their price objective on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Barclays upped their price objective on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. Citigroup increased their price objective on Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Monday, December 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Williams Companies currently has a consensus rating of “Moderate Buy” and a consensus 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.