Williams Companies, Inc. (The) $WMB Shares Acquired by Linscomb Wealth Inc.

Linscomb Wealth Inc. lifted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 185,565 shares of the pipeline company’s stock after buying an additional 2,081 shares during the period. Linscomb Wealth Inc.’s holdings in Williams Companies were worth $11,655,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Williams Companies by 0.6% during the first quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company’s stock worth $7,838,312,000 after buying an additional 807,019 shares during the period. Wellington Management Group LLP boosted its position in shares of Williams Companies by 6.0% during 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 buying an additional 1,680,477 shares during the period. Deutsche Bank AG boosted its position in shares of Williams Companies by 5.6% during the first quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company’s stock worth $1,047,025,000 after buying an additional 932,998 shares during the period. Northern Trust Corp raised its holdings in Williams Companies by 0.4% during the first quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company’s stock worth $913,840,000 after purchasing an additional 54,902 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in Williams Companies by 45.0% during the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock worth $677,623,000 after purchasing an additional 3,519,370 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated 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 transaction, the senior vice president 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. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction dated Monday, August 11th. The stock was 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 trade represents a 5.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.44% of the stock is currently owned by company insiders.

Williams Companies Price Performance

NYSE WMB opened at $57.63 on Friday. The stock has a market capitalization of $70.27 billion, a P/E ratio of 28.96, a P/E/G ratio of 1.91 and a beta of 0.65. Williams Companies, Inc. has a 1 year low of $51.48 and a 1 year high of $65.55. The business’s fifty day moving average is $60.29 and its two-hundred day moving average is $59.39. 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, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the company posted $0.43 EPS. Williams Companies’s quarterly revenue was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date of this dividend is Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) is presently 100.50%.

Analysts Set New Price Targets

Several brokerages recently commented on WMB. Jefferies Financial Group began coverage on Williams Companies in a report on Thursday, October 9th. They set a “buy” rating and a $72.00 target price on the stock. Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Scotiabank boosted their target price on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a report on Tuesday, July 15th. Barclays boosted their target price on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a report on Tuesday, October 14th. Finally, TD Cowen began coverage on Williams Companies in a report on Monday, July 7th. They set a “buy” rating and a $67.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $66.73.

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.