Cerity Partners LLC Has $14.95 Million Position in Williams Companies, Inc. (The) $WMB

Cerity Partners LLC grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 11.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 235,982 shares of the pipeline company’s stock after purchasing an additional 23,495 shares during the period. Cerity Partners LLC’s holdings in Williams Companies were worth $14,949,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Private Wealth Management Group LLC raised its position in Williams Companies by 104.8% in the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 240 shares during the last quarter. Hartford Funds Management Co LLC acquired a new stake in shares of Williams Companies in the second quarter valued at $29,000. Atlantic Union Bankshares Corp bought a new position in shares of Williams Companies in the second quarter valued at about $32,000. Legacy Investment Solutions LLC acquired a new position in Williams Companies during the 2nd quarter worth about $35,000. Finally, Salomon & Ludwin LLC bought a new stake in Williams Companies during the 3rd quarter worth about $35,000. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 4,000 shares of Williams Companies stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total transaction of $242,120.00. Following the transaction, the senior vice president directly owned 302,645 shares of the company’s stock, valued at $18,319,101.85. This trade represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Trading Down 1.4%

NYSE:WMB opened at $60.31 on Friday. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $65.55. The firm has a market capitalization of $73.65 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 1.40 and a beta of 0.64. The business’s 50-day moving average price is $59.96 and its two-hundred day moving average price is $59.68.

Williams Companies (NYSE:WMB) last posted its earnings results 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). The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.Williams Companies’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous 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, equities analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 12th were issued a $0.50 dividend. The ex-dividend date was Friday, December 12th. This represents a $2.00 annualized dividend and a yield of 3.3%. Williams Companies’s dividend payout ratio (DPR) is 103.09%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on WMB shares. Citigroup boosted their target price on shares of Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Morgan Stanley raised their price target on shares of Williams Companies from $70.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, October 2nd. Wall Street Zen downgraded Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Zacks Research cut Williams Companies from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 6th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $68.29.

Williams Companies Company Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.