Compass Wealth Management LLC Has $7.94 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Compass Wealth Management LLC raised its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 75.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 125,290 shares of the pipeline company’s stock after purchasing an additional 54,057 shares during the period. Williams Companies accounts for approximately 1.2% of Compass Wealth Management LLC’s investment portfolio, making the stock its 26th biggest position. Compass Wealth Management LLC’s holdings in Williams Companies were worth $7,937,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of WMB. Wallace Advisory Group LLC grew its stake in Williams Companies by 2.6% in the 2nd quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock valued at $420,000 after buying an additional 176 shares during the last quarter. Whittier Trust Co. boosted its holdings in shares of Williams Companies by 2.2% during the second quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock worth $514,000 after acquiring an additional 179 shares during the period. Patten & Patten Inc. TN grew its position in shares of Williams Companies by 1.7% in the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock valued at $702,000 after purchasing an additional 187 shares during the last quarter. LRI Investments LLC increased its stake in shares of Williams Companies by 10.7% during the second quarter. LRI Investments LLC now owns 1,993 shares of the pipeline company’s stock worth $125,000 after purchasing an additional 193 shares during the period. Finally, First National Bank of Hutchinson increased its stake in shares of Williams Companies by 2.7% during the second quarter. First National Bank of Hutchinson now owns 7,684 shares of the pipeline company’s stock worth $483,000 after purchasing an additional 199 shares during the period. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

WMB stock opened at $64.18 on Tuesday. The company’s 50-day moving average price is $60.54 and its two-hundred day moving average price is $59.86. The firm has a market cap of $78.38 billion, a P/E ratio of 33.08, a P/E/G ratio of 1.51 and a beta of 0.64. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $65.81.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on WMB. TD Cowen upped their price objective on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 6th. The Goldman Sachs Group boosted their target price on shares of Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Tudor Pickering raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research note on Monday, January 12th. Finally, Barclays increased their target price on shares of Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. Three 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $68.29.

Insider Activity

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 completion of the transaction, the senior vice president owned 302,645 shares of the company’s stock, valued at approximately $18,319,101.85. The trade was a 1.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.44% of the company’s stock.

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.