Quantum Portfolio Management LLC Buys 12,782 Shares of Williams Companies, Inc. (The) $WMB

Quantum Portfolio Management LLC grew its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 65.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 32,198 shares of the pipeline company’s stock after buying an additional 12,782 shares during the quarter. Quantum Portfolio Management LLC’s holdings in Williams Companies were worth $2,040,000 as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

A number of brokerages have issued reports on WMB. Zacks Research cut Williams Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Barclays lifted their price target on shares of Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a report on Tuesday, October 14th. BMO Capital Markets decreased their price objective on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Jefferies Financial Group lifted their target price on shares of Williams Companies from $70.00 to $71.00 and gave the company a “buy” rating in a research note on Friday, January 9th. Finally, UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $68.29.

Williams Companies Trading Up 2.1%

Shares of NYSE WMB opened at $61.56 on Monday. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $65.55. The company has a 50-day moving average of $60.20 and a two-hundred day moving average of $59.64. The company has a market cap of $75.18 billion, a PE ratio of 31.73, a P/E/G ratio of 1.43 and a beta of 0.64. 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 results on Monday, November 3rd. The pipeline company reported $0.49 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 for the quarter, compared to the consensus estimate of $2.87 billion. During the same period last year, the company earned $0.43 earnings per share. Williams Companies’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were given a dividend of $0.50 per share. The ex-dividend date was Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Williams Companies’s payout ratio is presently 103.09%.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 4,000 shares of the firm’s 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 transaction, the senior vice president owned 302,645 shares in the company, valued at $18,319,101.85. This trade represents a 1.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.44% of the stock is 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.