Arista Wealth Management LLC Buys Shares of 15,916 Williams Companies, Inc. (The) $WMB

Key Points

• Arista Wealth Management LLC acquired 15,916 shares of Williams Companies, Inc., valued at approximately $1,000,000, during the second quarter.
• Williams Companies reported Q2 earnings of $0.46 EPS, missing estimates of $0.49 and generating $2.78 billion in revenue, lower than expected.
• The company announced a quarterly dividend of $0.50, with an annualized yield of 3.2%, marking its dividend payout ratio at 100.50%.

Arista Wealth Management LLC bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 15,916 shares of the pipeline company's stock, valued at approximately $1,000,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of WMB. Chapin Davis Inc. increased its holdings in shares of Williams Companies by 1.6% in the second quarter. Chapin Davis Inc. now owns 10,955 shares of the pipeline company's stock valued at $688,000 after purchasing an additional 170 shares during the period. TrueWealth Advisors LLC lifted its holdings in shares of Williams Companies by 0.7% during the second quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company's stock worth $1,559,000 after purchasing an additional 182 shares during the period. Castleview Partners LLC boosted its position in Williams Companies by 4.2% in the first quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company's stock valued at $268,000 after buying an additional 183 shares during the last quarter. Chesley Taft & Associates LLC increased its holdings in Williams Companies by 1.8% in the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company's stock worth $642,000 after buying an additional 184 shares during the period. Finally, Quarry LP raised its position in Williams Companies by 20.3% during the 1st quarter. Quarry LP now owns 1,095 shares of the pipeline company's stock worth $65,000 after buying an additional 185 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

NYSE:WMB opened at $62.49 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 52 week low of $51.34 and a 52 week high of $65.55. The stock's 50-day moving average price is $59.86 and its 200-day moving average price is $59.17. The stock has a market capitalization of $76.20 billion, a PE ratio of 31.40, a price-to-earnings-growth ratio of 2.13 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter in the prior year, the company posted $0.43 EPS. The business's revenue for the quarter 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, equities analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared 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 dividend on an annualized basis and a yield of 3.2%. Williams Companies's dividend payout ratio (DPR) 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 company'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 completion of the transaction, the chief operating officer directly owned 77,612 shares in the company, valued at approximately $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the 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 transaction, the senior vice president directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. 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.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on WMB shares. CIBC upgraded shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price objective on the stock in a research note on Friday, August 15th. Argus reaffirmed a "buy" rating and issued a $66.00 price target on shares of Williams Companies in a report on Thursday, August 14th. BMO Capital Markets began coverage on Williams Companies in a research note on Friday, September 19th. They set an "outperform" rating and a $66.00 price objective for the company. TD Cowen assumed coverage on Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 price objective for the company. Finally, Barclays raised their target price on Williams Companies from $65.00 to $66.00 and gave the stock an "equal weight" rating in a report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat, Williams Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $66.73.

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.

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