Campbell & CO Investment Adviser LLC Sells 13,569 Shares of Williams Companies, Inc. (The) $WMB

Campbell & CO Investment Adviser LLC reduced its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 71.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,311 shares of the pipeline company’s stock after selling 13,569 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Williams Companies were worth $336,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jackson Hole Capital Partners LLC increased its holdings in shares of Williams Companies by 0.3% during the 3rd quarter. Jackson Hole Capital Partners LLC now owns 185,258 shares of the pipeline company’s stock worth $11,736,000 after purchasing an additional 550 shares during the period. Wilmington Savings Fund Society FSB increased its stake in Williams Companies by 3.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 29,079 shares of the pipeline company’s stock valued at $1,842,000 after acquiring an additional 995 shares during the period. BXM Wealth LLC raised its holdings in Williams Companies by 5.4% in the 3rd quarter. BXM Wealth LLC now owns 6,253 shares of the pipeline company’s stock valued at $396,000 after acquiring an additional 318 shares in the last quarter. Eagle Global Advisors LLC lifted its position in shares of Williams Companies by 7.4% in the 3rd quarter. Eagle Global Advisors LLC now owns 788,026 shares of the pipeline company’s stock worth $49,921,000 after acquiring an additional 54,285 shares during the period. Finally, Blalock Williams LLC acquired a new stake in shares of Williams Companies during the 3rd quarter worth approximately $285,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Price Performance

WMB opened at $64.97 on Friday. The company’s 50 day simple moving average is $60.46 and its 200-day simple moving average is $59.78. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The stock has a market capitalization of $79.35 billion, a P/E ratio of 33.49, a price-to-earnings-growth ratio of 1.48 and a beta of 0.64.

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

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend was Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) is 103.09%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $61.90, for a total transaction of $123,800.00. Following the completion of the sale, the senior vice president owned 297,545 shares in the company, valued at $18,418,035.50. The trade was a 0.67% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.44% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on WMB. The Goldman Sachs Group upped their target price on Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. Zacks Research downgraded shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Barclays lifted their target price on shares of Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Jefferies Financial Group increased their price target on shares of Williams Companies from $70.00 to $71.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Finally, BMO Capital Markets cut their price target on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Williams Companies has a consensus rating of “Moderate Buy” and an average target price of $68.29.

Williams Companies 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.