Nisa Investment Advisors LLC Acquires 37,467 Shares of Williams Companies, Inc. (The) $WMB

Nisa Investment Advisors LLC lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 9.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 419,681 shares of the pipeline company’s stock after purchasing an additional 37,467 shares during the period. Nisa Investment Advisors LLC’s holdings in Williams Companies were worth $26,587,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Abbington Investment Group acquired a new stake in shares of Williams Companies in the third quarter worth about $217,000. Ferguson Wellman Capital Management Inc. increased its holdings in shares of Williams Companies by 1.2% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 22,971 shares of the pipeline company’s stock valued at $1,455,000 after acquiring an additional 272 shares during the last quarter. Benjamin Edwards Inc. increased its holdings in shares of Williams Companies by 5.5% during the 3rd quarter. Benjamin Edwards Inc. now owns 127,499 shares of the pipeline company’s stock valued at $8,077,000 after acquiring an additional 6,653 shares during the last quarter. SG Americas Securities LLC raised its stake in shares of Williams Companies by 11.8% in the 3rd quarter. SG Americas Securities LLC now owns 72,753 shares of the pipeline company’s stock valued at $4,609,000 after acquiring an additional 7,702 shares in the last quarter. Finally, HB Wealth Management LLC lifted its holdings in Williams Companies by 12.6% in the 3rd quarter. HB Wealth Management LLC now owns 71,568 shares of the pipeline company’s stock worth $4,534,000 after purchasing an additional 8,026 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on WMB. BMO Capital Markets lowered their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. TD Cowen upped their price objective on shares of Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Citigroup boosted their target price on shares of Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, UBS Group raised their price target on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $68.29.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total transaction of $123,800.00. Following the sale, the senior vice president owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. This trade represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

NYSE:WMB opened at $60.31 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55. The company has a fifty day moving average price of $59.96 and a 200 day moving average price of $59.69. The stock has a market cap of $73.65 billion, a P/E ratio of 31.09, a PEG ratio of 1.41 and a beta of 0.64.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data 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). The company 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 for the quarter was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 12th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.00 annualized dividend and a yield of 3.3%. Williams Companies’s dividend payout ratio is 103.09%.

Williams Companies 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.