14,880 Shares in Williams Companies, Inc. (The) $WMB Purchased by Drucker Wealth 3.0 LLC

Key Points

• Drucker Wealth 3.0 LLC acquired 14,880 shares of Williams Companies, Inc. valued at approximately $861,000 in the second quarter, marking a significant investment in the pipeline firm.
• Williams Companies reported a Q2 EPS of $0.46, missing analyst expectations of $0.49, with revenue of $2.78 billion, lower than the consensus estimate of $2.90 billion.
• The company announced a quarterly dividend of $0.50, resulting in a 3.2% yield, though its dividend payout ratio currently stands at 100.50%.

Drucker Wealth 3.0 LLC bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 14,880 shares of the pipeline company's stock, valued at approximately $861,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Williams Companies by 1.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company's stock valued at $34,489,000 after purchasing an additional 6,816 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Williams Companies by 362.5% in the first 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 acquiring an additional 1,149,045 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Williams Companies by 27.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company's stock valued at $24,081,000 after acquiring an additional 87,031 shares during the period. Kessler Investment Group LLC bought a new stake in shares of Williams Companies in the first quarter valued at about $327,000. Finally, Good Steward Wealth Advisors LLC bought a new stake in shares of Williams Companies in the first quarter valued at about $977,000. Institutional investors own 86.44% of the company's stock.

Williams Companies Price Performance

Shares of WMB stock opened at $62.60 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. Williams Companies, Inc. has a twelve month low of $49.30 and a twelve month high of $65.55. The company has a market cap of $76.33 billion, a P/E ratio of 31.46, a P/E/G ratio of 2.10 and a beta of 0.65. The business has a fifty day simple moving average of $59.55 and a 200 day simple moving average of $59.08.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm's revenue was up 19.0% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, sell-side analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.2%. Williams Companies's dividend payout ratio is presently 100.50%.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Larry C. Larsen sold 4,500 shares of the business's stock in a transaction 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 sale, the chief operating officer owned 77,612 shares in the company, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is owned by insiders.

Analysts Set New Price Targets

WMB has been the subject of a number of recent research reports. CIBC raised shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price objective for the company in a report on Friday, August 15th. Scotiabank increased their price target on Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a research report on Tuesday, July 15th. Wall Street Zen downgraded Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, October 4th. Weiss Ratings reiterated a "buy (b)" rating on shares of Williams Companies in a research report on Saturday, September 27th. Finally, BMO Capital Markets initiated coverage on shares of Williams Companies in a research report on Friday, September 19th. They set an "outperform" rating and a $66.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $65.94.

Williams Companies Company 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.

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