3Chopt Investment Partners LLC Buys 901 Shares of Williams Companies, Inc. (The) $WMB

3Chopt Investment Partners LLC increased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 1.4% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 67,439 shares of the pipeline company’s stock after purchasing an additional 901 shares during the quarter. Williams Companies accounts for 1.0% of 3Chopt Investment Partners LLC’s portfolio, making the stock its 21st biggest holding. 3Chopt Investment Partners LLC’s holdings in Williams Companies were worth $4,236,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in shares of Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares in the last quarter. Farther Finance Advisors LLC grew its position in Williams Companies by 8.0% in the 1st quarter. Farther Finance Advisors LLC now owns 20,288 shares of the pipeline company’s stock valued at $1,229,000 after purchasing an additional 1,500 shares during the period. Pallas Capital Advisors LLC increased its stake in Williams Companies by 34.6% during the 1st quarter. Pallas Capital Advisors LLC now owns 5,394 shares of the pipeline company’s stock valued at $322,000 after purchasing an additional 1,388 shares in the last quarter. GAMMA Investing LLC raised its holdings in Williams Companies by 8.9% during the first quarter. GAMMA Investing LLC now owns 37,458 shares of the pipeline company’s stock worth $2,238,000 after buying an additional 3,058 shares during the last quarter. Finally, Simplicity Wealth LLC acquired a new position in shares of Williams Companies during the first quarter valued at about $223,000. 86.44% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently weighed in on WMB. TD Cowen initiated coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a “buy” rating and a $67.00 target price on the stock. Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Argus reaffirmed a “buy” rating and set a $66.00 target price on shares of Williams Companies in a research report on Thursday, August 14th. BMO Capital Markets initiated coverage on Williams Companies in a research report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price target for the company. Finally, Barclays lifted their price objective on shares of Williams Companies from $59.00 to $65.00 and gave the stock an “equal weight” rating in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $65.94.

Williams Companies Trading Down 0.7%

Shares of WMB stock opened at $63.08 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The firm has a market cap of $76.91 billion, a P/E ratio of 31.70, a PEG ratio of 2.12 and a beta of 0.65. The company has a 50 day moving average of $59.51 and a 200-day moving average of $59.07. Williams Companies, Inc. has a 12-month low of $49.17 and a 12-month high of $65.55.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. Williams Companies’s revenue for the quarter was up 19.0% on a year-over-year basis. During the same period last year, the company 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 year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.2%. Williams Companies’s dividend payout ratio is 100.50%.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of the firm’s stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the transaction, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the sale, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock valued at $497,715 in the last quarter. Company insiders own 0.44% of the company’s stock.

Williams Companies 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.