Aspiriant LLC Invests $303,000 in Williams Companies, Inc. (The) $WMB

Key Points

• Aspiriant LLC has invested approximately $303,000 in Williams Companies by acquiring 4,820 shares during the 2nd quarter, according to its 13F filing with the SEC.
• Recent insider transactions included SVP Terrance Lane Wilson selling 2,000 shares for about $115,240, and COO Larry C. Larsen selling 4,500 shares worth approximately $263,115.
• Williams Companies' quarterly revenue was $2.78 billion, which was below analysts' expectations, and the company reported earnings per share of $0.46, missing estimates by $.03.

Aspiriant 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 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,820 shares of the pipeline company's stock, valued at approximately $303,000.

Other hedge funds also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $25,000. HWG Holdings LP acquired a new stake in Williams Companies during the 1st quarter worth $26,000. Saudi Central Bank purchased a new stake in Williams Companies in the first quarter valued at $29,000. Private Wealth Management Group LLC lifted its position in Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company's stock valued at $29,000 after acquiring an additional 240 shares during the last quarter. Finally, Iron Horse Wealth Management LLC boosted its stake in Williams Companies by 4,490.9% in the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company's stock valued at $30,000 after acquiring an additional 494 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $57.62, for a total value of $115,240.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Larry C. Larsen sold 4,500 shares of the company's stock in a transaction that occurred on 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 sale, the chief operating officer directly owned 77,612 shares in the company, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is currently owned by insiders.

Analyst Ratings Changes

WMB has been the topic of several research analyst reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Williams Companies in a research report on Tuesday, October 14th. BMO Capital Markets started coverage on shares of Williams Companies in a report on Friday, September 19th. They issued an "outperform" rating and a $66.00 target price on the stock. Scotiabank upped their price target on shares of Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research report on Tuesday, July 15th. CIBC upgraded shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price target for the company in a research note on Friday, August 15th. Finally, Jefferies Financial Group started coverage on shares of Williams Companies in a research note on Thursday, October 9th. They issued a "buy" rating and a $72.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Williams Companies has an average rating of "Moderate Buy" and a consensus price target of $66.73.

Williams Companies Stock Down 0.2%

Shares of NYSE:WMB opened at $62.39 on Friday. Williams Companies, Inc. has a fifty-two week low of $51.34 and a fifty-two week high of $65.55. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The firm's 50-day simple moving average is $59.95 and its 200-day simple moving average is $59.16. The company has a market cap of $76.08 billion, a price-to-earnings ratio of 31.35, a PEG ratio of 2.08 and a beta of 0.65.

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 for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business had revenue of $2.78 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter last year, the firm earned $0.43 earnings per share. The firm's quarterly 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, equities research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were issued 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 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.

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