Williams Companies, Inc. (The) $WMB Shares Sold by 111 Capital

111 Capital reduced its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 70.3% during the 2nd quarter, Holdings Channel reports. The firm owned 4,594 shares of the pipeline company’s stock after selling 10,867 shares during the quarter. 111 Capital’s holdings in Williams Companies were worth $289,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of WMB. Nuveen LLC acquired a new stake in Williams Companies in the first quarter valued at approximately $335,419,000. Goldman Sachs Group Inc. grew its holdings in Williams Companies by 45.0% in the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock valued at $677,623,000 after purchasing an additional 3,519,370 shares during the period. Bahl & Gaynor Inc. grew its holdings in Williams Companies by 34.0% in the first quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company’s stock valued at $674,566,000 after purchasing an additional 2,861,988 shares during the period. Voya Investment Management LLC grew its holdings in Williams Companies by 275.7% in the first quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company’s stock valued at $155,933,000 after purchasing an additional 1,914,730 shares during the period. Finally, Wellington Management Group LLP boosted its stake in shares of Williams Companies by 6.0% in the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after acquiring an additional 1,680,477 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the sale, the chief operating officer owned 77,612 shares in the company, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the sale, the senior vice president owned 311,645 shares in the company, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,500 shares of company stock worth $497,715 in the last 90 days. Company insiders own 0.44% of the company’s stock.

Williams Companies Stock Performance

NYSE WMB opened at $63.59 on Tuesday. The stock’s fifty day moving average is $59.26 and its two-hundred day moving average is $58.99. The firm has a market capitalization of $77.54 billion, a P/E ratio of 31.95, a price-to-earnings-growth ratio of 2.15 and a beta of 0.65. 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, Inc. has a fifty-two week low of $48.51 and a fifty-two week high of $65.55.

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

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. Williams Companies’s payout ratio is 100.50%.

Analyst Ratings Changes

WMB has been the topic of a number of research analyst reports. The Goldman Sachs Group lifted their price target on Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Barclays lifted their price target on Williams Companies from $59.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Tuesday, September 30th. Scotiabank lifted their price target on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research note on Tuesday, July 15th. CIBC raised Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 price target on the stock in a research note on Friday, August 15th. Finally, Argus reaffirmed a “buy” rating and issued a $66.00 price target on shares of Williams Companies in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $65.53.

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.