Williams Companies, Inc. (The) $WMB Shares Purchased by Hilton Capital Management LLC

Hilton Capital Management LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 33.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 147,569 shares of the pipeline company’s stock after purchasing an additional 37,330 shares during the quarter. Hilton Capital Management LLC’s holdings in Williams Companies were worth $9,269,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in WMB. Diversified Trust Co increased its stake in shares of Williams Companies by 28.5% during the second quarter. Diversified Trust Co now owns 46,549 shares of the pipeline company’s stock valued at $2,924,000 after acquiring an additional 10,317 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its stake in Williams Companies by 362.5% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company’s stock valued at $87,608,000 after purchasing an additional 1,149,045 shares in the last quarter. Seven Post Investment Office LP acquired a new position in shares of Williams Companies during the 2nd quarter valued at $3,879,000. ORG Partners LLC raised its stake in shares of Williams Companies by 153.4% in the 2nd quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock worth $49,000 after buying an additional 503 shares in the last quarter. Finally, Adams Natural Resources Fund Inc. lifted its holdings in shares of Williams Companies by 1,238.3% in the second quarter. Adams Natural Resources Fund Inc. now owns 365,350 shares of the pipeline company’s stock valued at $22,948,000 after buying an additional 338,050 shares during the period. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on WMB. UBS Group boosted their price target 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. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. Jefferies Financial Group cut their target price on shares of Williams Companies from $72.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday, November 5th. Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Mizuho upgraded Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.21.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 4,000 shares of the stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $60.53, for a total value of $242,120.00. Following the completion of the sale, the senior vice president directly owned 302,645 shares of the company’s stock, valued at approximately $18,319,101.85. This represents a 1.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Performance

Williams Companies stock opened at $59.77 on Friday. Williams Companies, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $65.55. The firm’s 50 day simple moving average is $60.51 and its 200-day simple moving average is $59.72. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The company has a market cap of $72.99 billion, a P/E ratio of 30.81, a price-to-earnings-growth ratio of 1.63 and a beta of 0.62.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the business posted $0.43 EPS. The company’s revenue for the quarter was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities research analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 3.3%. Williams Companies’s payout ratio is currently 103.09%.

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.