AlTi Global Inc. Makes New Investment in Williams Companies, Inc. (The) $WMB

Key Points

• AlTi Global Inc. purchased 5,227 shares of Williams Companies, Inc. for approximately $312,000 in the first quarter, reflecting increased interest from institutional investors in the company's stock.
• Insider activity included COO Larry C. Larsen selling 4,500 shares, and the company has disclosed insider sales totaling 8,500 shares worth about $507,875 over the last ninety days.
• Williams Companies reported a quarterly EPS of $0.46, missing estimates, and has set its FY 2025 guidance at 2.010-2.190 EPS, with analysts predicting an average target price of $62.86.

AlTi Global Inc. bought a new position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,227 shares of the pipeline company's stock, valued at approximately $312,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Menard Financial Group LLC acquired a new stake in shares of Williams Companies during the 4th quarter valued at about $26,000. HWG Holdings LP acquired a new position in Williams Companies in the first quarter worth about $26,000. Saudi Central Bank bought a new position in Williams Companies during the first quarter worth about $29,000. Iron Horse Wealth Management LLC boosted its holdings in Williams Companies by 4,490.9% during the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company's stock valued at $30,000 after purchasing an additional 494 shares in the last quarter. Finally, Abound Financial LLC bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $32,000. Institutional investors own 86.44% of the company's stock.

Analysts Set New Price Targets

WMB has been the subject of a number of recent research reports. Wells Fargo & Company increased their target price on Williams Companies from $67.00 to $70.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Argus reiterated a "buy" rating and issued a $66.00 price target on shares of Williams Companies in a research report on Thursday, August 14th. Wolfe Research raised Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. TD Cowen initiated coverage on shares of Williams Companies in a research note on Monday, July 7th. They issued a "buy" rating and a $67.00 target price on the stock. Finally, Scotiabank upped their target price on shares of Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a report on Tuesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $62.86.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction on Friday, August 1st. The stock was sold at an average price of $59.68, for a total transaction of $119,360.00. Following the completion of the sale, the senior vice president owned 313,645 shares in the company, valued at $18,718,333.60. The trade was a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Larry C. Larsen sold 4,500 shares of the firm's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the transaction, the chief operating officer owned 77,612 shares in the company, valued at approximately $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 ninety days, insiders have sold 8,500 shares of company stock worth $507,875. Company insiders own 0.44% of the company's stock.

Williams Companies Price Performance

Shares of Williams Companies stock traded down $0.44 during trading on Friday, reaching $57.14. The company's stock had a trading volume of 8,344,809 shares, compared to its average volume of 5,864,175. The stock has a 50-day moving average price of $58.17 and a two-hundred day moving average price of $58.39. The stock has a market capitalization of $69.68 billion, a P/E ratio of 28.71, a price-to-earnings-growth ratio of 1.91 and a beta of 0.65. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a one year low of $43.98 and a one year high of $63.45.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the business posted $0.43 EPS. The company's revenue was up 19.0% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, sell-side analysts anticipate 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 will be paid on Monday, September 29th. Investors of record on Friday, September 12th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date is Friday, September 12th. Williams Companies's payout ratio is 100.50%.

About Williams Companies

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.