Cwm LLC Has $5.79 Million Stock Position in Williams Companies, Inc. (The) $WMB

Cwm LLC grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 30.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,116 shares of the pipeline company’s stock after buying an additional 21,592 shares during the period. Cwm LLC’s holdings in Williams Companies were worth $5,786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Flaharty Asset Management LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $25,000. HWG Holdings LP acquired a new position in shares of Williams Companies in the 1st quarter valued at $26,000. Saudi Central Bank acquired a new position in shares of Williams Companies in the 1st quarter valued at $29,000. Iron Horse Wealth Management LLC grew its holdings in shares of Williams Companies by 4,490.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after buying an additional 494 shares during the period. Finally, Hughes Financial Services LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $32,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Up 2.3%

Shares of NYSE:WMB opened at $63.77 on Thursday. The company’s 50-day moving average price is $59.77 and its two-hundred day moving average price is $59.15. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a one year low of $50.80 and a one year high of $65.55. The stock has a market capitalization of $77.76 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period last year, the firm earned $0.43 earnings per share. The company’s quarterly revenue was up 19.0% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were given 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 3.1%. Williams Companies’s payout ratio is 100.50%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMB shares. Jefferies Financial Group started coverage on shares of Williams Companies in a report on Thursday, October 9th. They issued a “buy” rating and a $72.00 price target for the company. UBS Group boosted their price objective on shares of Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, October 4th. TD Cowen initiated coverage on shares of Williams Companies in a research report on Monday, July 7th. They issued a “buy” rating and a $67.00 price objective on the stock. Finally, Wells Fargo & Company boosted their price objective on shares of Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Williams Companies has a consensus rating of “Moderate Buy” and an average target price of $66.00.

Insider Activity

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the sale, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total transaction of $115,240.00. Following the sale, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,500 shares of company stock worth $497,715 over the last three months. Insiders own 0.44% of the company’s stock.

About Williams Companies

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.