Exencial Wealth Advisors LLC Has $4.35 Million Stake in Williams Companies, Inc. (The) $WMB

Exencial Wealth Advisors LLC boosted its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 1.6% in the second quarter, HoldingsChannel.com reports. The firm owned 69,219 shares of the pipeline company’s stock after buying an additional 1,101 shares during the period. Exencial Wealth Advisors LLC’s holdings in Williams Companies were worth $4,348,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Flaharty Asset Management LLC acquired a new stake in Williams Companies in the first quarter valued at $25,000. Saudi Central Bank acquired a new stake in Williams Companies in the first quarter valued at $29,000. Private Wealth Management Group LLC increased its holdings in Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 240 shares during the period. Iron Horse Wealth Management LLC increased its holdings in Williams Companies by 4,490.9% in the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 494 shares during the period. Finally, Abound Financial LLC acquired a new stake in Williams Companies in the first quarter valued at $32,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Williams Companies

In other 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 transaction, the chief operating officer owned 77,612 shares of the company’s stock, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,500 shares of company stock worth $497,715 in the last three months. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the subject of a number of recent research reports. Weiss Ratings restated a “buy (b-)” rating on shares of Williams Companies in a report on Tuesday, October 14th. BMO Capital Markets began coverage on Williams Companies in a report on Friday, September 19th. They set an “outperform” rating and a $66.00 price target for the company. Morgan Stanley increased their price target on Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $63.00 price target on shares of Williams Companies in a report on Tuesday, July 15th. Finally, Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $66.73.

Williams Companies Price Performance

WMB stock opened at $62.23 on Thursday. The stock has a market capitalization of $75.88 billion, a PE ratio of 31.27, a price-to-earnings-growth ratio of 2.08 and a beta of 0.65. The company’s 50-day moving average is $60.23 and its 200-day moving average is $59.27. 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 1 year low of $51.46 and a 1 year 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 (EPS) 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 the consensus estimate of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.Williams Companies’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period last year, the company earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, September 12th. Williams Companies’s dividend payout ratio is 100.50%.

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.