Williams Companies, Inc. (The) $WMB Shares Purchased by Level Four Advisory Services LLC

Level Four Advisory Services LLC raised its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 10.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,438 shares of the pipeline company’s stock after acquiring an additional 2,151 shares during the period. Level Four Advisory Services LLC’s holdings in Williams Companies were worth $1,409,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Chapin Davis Inc. lifted its holdings in Williams Companies by 1.6% in the second quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company’s stock worth $688,000 after purchasing an additional 170 shares during the period. Wallace Advisory Group LLC raised its position in shares of Williams Companies by 2.6% during the 2nd quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock worth $420,000 after buying an additional 176 shares in the last quarter. Whittier Trust Co. raised its position in shares of Williams Companies by 2.2% during the 2nd quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock worth $514,000 after buying an additional 179 shares in the last quarter. TrueWealth Advisors LLC lifted its stake in shares of Williams Companies by 0.7% in the 2nd quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company’s stock worth $1,559,000 after acquiring an additional 182 shares during the period. Finally, Chesley Taft & Associates LLC boosted its holdings in shares of Williams Companies by 1.8% in the second quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company’s stock valued at $642,000 after acquiring an additional 184 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $60.96 on Friday. The company has a market capitalization of $74.44 billion, a PE ratio of 30.63, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The stock has a fifty day moving average of $60.86 and a 200-day moving average of $59.53. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The business’s revenue was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies’s dividend payout ratio is currently 103.09%.

Analysts Set New Price Targets

Several brokerages recently commented on WMB. BMO Capital Markets dropped their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Mizuho raised Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Wall Street Zen downgraded Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. The Goldman Sachs Group upped their price objective on Williams Companies from $59.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Finally, Argus reaffirmed a “buy” rating and set a $66.00 target price on shares of Williams Companies in a research note on Thursday, August 14th. Two equities research 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 issued a Sell rating to the company. Based on data from MarketBeat, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.21.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the completion of the transaction, the senior vice president directly owned 302,645 shares in the company, valued at $18,319,101.85. This trade represents a 1.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.44% of the stock is currently owned by insiders.

Williams Companies Company 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.