Capital Investment Advisors LLC Has $15.87 Million Position in Williams Companies, Inc. (The) $WMB

Capital Investment Advisors LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 6.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 250,445 shares of the pipeline company’s stock after purchasing an additional 14,290 shares during the period. Capital Investment Advisors LLC’s holdings in Williams Companies were worth $15,866,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Trust Co lifted its position in shares of Williams Companies by 28.5% in the second quarter. Diversified Trust Co now owns 46,549 shares of the pipeline company’s stock valued at $2,924,000 after buying an additional 10,317 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its stake in Williams Companies by 105.6% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,258,552 shares of the pipeline company’s stock valued at $79,050,000 after acquiring an additional 646,488 shares during the period. World Investment Advisors lifted its holdings in Williams Companies by 185.6% during the 3rd quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock valued at $2,728,000 after purchasing an additional 27,987 shares during the last quarter. Seven Post Investment Office LP bought a new position in Williams Companies during the second quarter worth $3,879,000. Finally, ORG Partners LLC increased its holdings in shares of Williams Companies by 153.4% in the second quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock valued at $49,000 after purchasing an additional 503 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total value of $123,800.00. Following the completion of the transaction, the senior vice president owned 297,545 shares of the company’s stock, valued at $18,418,035.50. This represents a 0.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.44% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on WMB shares. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Zacks Research cut shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday. Jefferies Financial Group cut their price objective on shares of Williams Companies from $72.00 to $70.00 and set a “buy” rating for the company in a research report on Wednesday, November 5th. UBS Group upped their target price on Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, September 30th. Finally, Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $68.21.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $61.13 on Friday. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55. The company’s 50 day moving average price is $59.91 and its two-hundred day moving average price is $59.69. The firm has a market cap of $74.65 billion, a PE ratio of 31.51, a PEG ratio of 1.48 and a beta of 0.64. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 1.73.

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

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, December 12th. Williams Companies’s dividend payout ratio is presently 103.09%.

About Williams Companies

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.