Williams Companies, Inc. (The) $WMB Shares Acquired by World Investment Advisors

World Investment Advisors increased its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 185.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 43,069 shares of the pipeline company’s stock after purchasing an additional 27,987 shares during the period. World Investment Advisors’ holdings in Williams Companies were worth $2,728,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Diversified Trust Co grew its holdings in Williams Companies by 28.5% during the 2nd quarter. Diversified Trust Co now owns 46,549 shares of the pipeline company’s stock valued at $2,924,000 after purchasing an additional 10,317 shares in the last quarter. Seven Post Investment Office LP purchased a new position in Williams Companies in the 2nd quarter valued at about $3,879,000. ORG Partners LLC boosted its position in Williams Companies by 153.4% in the 2nd quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock valued at $49,000 after buying an additional 503 shares during the last quarter. Adams Natural Resources Fund Inc. grew its stake in shares of Williams Companies by 1,238.3% during 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 acquiring an additional 338,050 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in shares of Williams Companies by 105.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,258,552 shares of the pipeline company’s stock worth $79,050,000 after acquiring an additional 646,488 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

WMB stock opened at $59.53 on Friday. The stock’s 50 day simple moving average is $59.72 and its 200 day simple moving average is $59.63. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55. The firm has a market cap of $72.70 billion, a P/E ratio of 30.68, a P/E/G ratio of 1.59 and a beta of 0.62. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73.

Williams Companies (NYSE:WMB) last released 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). The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 EPS. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 12th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, December 12th. This represents a $2.00 annualized dividend and a yield of 3.4%. Williams Companies’s dividend payout ratio is 103.09%.

Analyst Ratings Changes

A number of brokerages recently commented on WMB. Zacks Research downgraded Williams Companies from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, October 4th. Jefferies Financial Group decreased their price target 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. Citigroup lifted their price target on shares of Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Three 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 issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $68.21.

Insiders Place Their Bets

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

Williams Companies Company Profile

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.