Williams Companies, Inc. (The) $WMB Shares Sold by Transatlantique Private Wealth LLC

Transatlantique Private Wealth LLC lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 9.0% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,592 shares of the pipeline company’s stock after selling 2,520 shares during the period. Transatlantique Private Wealth LLC’s holdings in Williams Companies were worth $1,607,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in WMB. Brighton Jones LLC increased its holdings in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares during the last quarter. Silver Oak Securities Incorporated acquired a new stake in shares of Williams Companies during the 1st quarter worth approximately $131,000. Brookstone Capital Management increased its holdings in shares of Williams Companies by 43.8% during the 1st quarter. Brookstone Capital Management now owns 28,412 shares of the pipeline company’s stock worth $1,698,000 after buying an additional 8,654 shares during the last quarter. Wayfinding Financial LLC acquired a new stake in shares of Williams Companies during the 1st quarter worth approximately $45,000. Finally, HM Payson & Co. increased its holdings in Williams Companies by 10.4% in the 1st quarter. HM Payson & Co. now owns 7,406 shares of the pipeline company’s stock valued at $443,000 after purchasing an additional 699 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on WMB. UBS Group lifted their target price on shares of Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. BMO Capital Markets started coverage on shares of Williams Companies in a research report on Friday, September 19th. They set an “outperform” rating and a $66.00 price objective for the company. Argus reaffirmed a “buy” rating and set a $66.00 price objective on shares of Williams Companies in a research report on Thursday, August 14th. TD Cowen assumed coverage on shares of Williams Companies in a research note on Monday, July 7th. They issued a “buy” rating and a $67.00 price objective for the company. Finally, Mizuho raised shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.50.

Insider Activity

In related news, COO Larry C. Larsen sold 4,500 shares of the 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 completion of the transaction, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the 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 transaction, the senior vice president directly owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $59.04 on Tuesday. The stock has a market capitalization of $71.99 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 1.91 and a beta of 0.65. Williams Companies, Inc. has a one year low of $51.48 and a one year high of $65.55. The company has a 50-day simple moving average of $60.36 and a 200-day simple moving average of $59.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54.

Williams Companies (NYSE:WMB) last posted its quarterly 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). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 12th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, December 12th. Williams Companies’s dividend payout ratio is currently 100.50%.

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.