Williams Companies, Inc. (The) $WMB Stake Boosted by Annex Advisory Services LLC

Key Points

• Annex Advisory Services LLC increased its holdings in Williams Companies by 9.2% during Q2, amounting to a position worth $12.18 million with over 193,000 shares owned.
• Williams Companies had a quarterly earnings report indicating an EPS of $0.46, missing estimates, and has set its FY 2025 guidance at 2.010-2.190 EPS.
• The company announced a quarterly dividend of $0.50 per share, representing an annual yield of 3.3%, with the ex-dividend date set for September 12th.

Annex Advisory Services LLC grew its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 193,878 shares of the pipeline company's stock after buying an additional 16,407 shares during the period. Annex Advisory Services LLC's holdings in Williams Companies were worth $12,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in WMB. Vanguard Group Inc. increased its position in Williams Companies by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company's stock valued at $7,838,312,000 after acquiring an additional 807,019 shares during the period. Wellington Management Group LLP grew its holdings in shares of Williams Companies by 6.0% in the 1st quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company's stock worth $1,770,336,000 after acquiring an additional 1,680,477 shares during the period. Deutsche Bank AG grew its holdings in shares of Williams Companies by 5.6% in the 1st quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company's stock worth $1,047,025,000 after acquiring an additional 932,998 shares during the period. Northern Trust Corp grew its holdings in shares of Williams Companies by 0.4% in the 1st quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company's stock worth $913,840,000 after acquiring an additional 54,902 shares during the period. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Williams Companies by 45.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company's stock worth $677,623,000 after acquiring an additional 3,519,370 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Price Performance

Shares of NYSE WMB traded down $0.19 during trading on Friday, hitting $60.19. The company had a trading volume of 14,759,060 shares, compared to its average volume of 6,144,413. The company has a market cap of $73.39 billion, a P/E ratio of 30.25, a PEG ratio of 2.01 and a beta of 0.65. Williams Companies, Inc. has a 52 week low of $44.51 and a 52 week high of $63.45. The business's 50-day moving average is $58.17 and its 200 day moving average is $58.52. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate 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 net margin of 21.63% and a return on equity of 16.23%. Williams Companies's quarterly revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 EPS. 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 fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Williams Companies's dividend payout ratio is currently 100.50%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the business's stock in a transaction on Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the sale, the chief operating officer directly owned 77,612 shares of the company's stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the sale, the senior vice president directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 10,500 shares of company stock worth $623,115. Company insiders own 0.44% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on WMB shares. BMO Capital Markets began coverage on Williams Companies in a report on Friday. They set an "outperform" rating and a $66.00 target price on the stock. TD Cowen initiated coverage on Williams Companies in a research report on Monday, July 7th. They issued a "buy" rating and a $67.00 target price on the stock. Barclays increased their target price on Williams Companies from $58.00 to $59.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 14th. Royal Bank Of Canada restated an "outperform" rating and set a $63.00 price objective on shares of Williams Companies in a research note on Tuesday, July 15th. Finally, Wall Street Zen lowered Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies currently has a consensus rating of "Moderate Buy" and an average price target of $63.07.

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.