Williams Companies, Inc. (The) $WMB Stock Holdings Lifted by Cbre Investment Management Listed Real Assets LLC

Cbre Investment Management Listed Real Assets LLC grew its position in Williams Companies, Inc. (The) (NYSE:WMB) by 12.1% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,643,960 shares of the pipeline company’s stock after purchasing an additional 177,969 shares during the period. Williams Companies comprises about 1.6% of Cbre Investment Management Listed Real Assets LLC’s holdings, making the stock its 26th largest position. Cbre Investment Management Listed Real Assets LLC owned approximately 0.13% of Williams Companies worth $103,257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Flaharty Asset Management LLC bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $25,000. Private Wealth Management Group LLC grew its position 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 worth $29,000 after acquiring an additional 240 shares in the last quarter. Saudi Central Bank acquired a new position in shares of Williams Companies during the 1st quarter worth $29,000. Iron Horse Wealth Management LLC raised its holdings in shares of Williams Companies by 4,490.9% during the 1st 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 in the last quarter. Finally, Atlantic Union Bankshares Corp acquired a new stake in shares of Williams Companies in the 2nd quarter valued at $32,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

WMB opened at $57.91 on Friday. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The stock’s 50 day moving average price is $60.35 and its two-hundred day moving average price is $59.38. The firm has a market capitalization of $70.61 billion, a P/E ratio of 29.10, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The business had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts forecast 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 will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, December 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Williams Companies’s payout ratio is presently 103.09%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on WMB shares. UBS Group increased their target price on shares of Williams Companies from $74.00 to $78.00 and gave the stock a “buy” rating in a research report on Tuesday, September 30th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday. Morgan Stanley boosted their target price on Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Barclays increased their price target on Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a report on Tuesday, October 14th. Finally, Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, October 4th. Two investment 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $67.86.

Insider Transactions at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the company’s stock in a transaction that occurred 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 completion of 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 legal filing with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The stock was 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 of the company’s stock, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. 0.44% of the stock is currently owned by corporate insiders.

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.