Atria Wealth Solutions Inc. Has $1.34 Million Position in Williams Companies, Inc. (The) $WMB

Key Points

• Atria Wealth Solutions Inc. reduced its holdings in Williams Companies, Inc. by 39.2%, bringing its total shares owned to 21,409, valued at approximately $1.34 million.
• Several large investors, including Saudi Central Bank and Iron Horse Wealth Management LLC, have recently established new stakes or significantly increased their holdings in Williams Companies.
• Williams Companies reported $0.46 earnings per share for the last quarter, missing the consensus estimate, and set its fiscal year 2025 guidance at $2.010-2.190 EPS.

Atria Wealth Solutions Inc. reduced its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 39.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 21,409 shares of the pipeline company's stock after selling 13,821 shares during the period. Atria Wealth Solutions Inc.'s holdings in Williams Companies were worth $1,339,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of WMB. Flaharty Asset Management LLC acquired a new stake in Williams Companies during the 1st quarter worth about $25,000. HWG Holdings LP acquired a new stake in Williams Companies during the 1st quarter worth about $26,000. Saudi Central Bank acquired a new stake in Williams Companies during the 1st quarter worth about $29,000. Iron Horse Wealth Management LLC grew its holdings in Williams Companies by 4,490.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company's stock worth $30,000 after acquiring an additional 494 shares during the period. Finally, Abound Financial LLC acquired a new stake in Williams Companies during the 1st quarter worth about $32,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of the company's stock in a transaction that occurred 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 completion of the transaction, the chief operating officer directly owned 77,612 shares of the company's stock, valued at $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 available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company's 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 directly owned 311,645 shares of the company's stock, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 8,500 shares of company stock valued at $497,715. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Price Performance

Shares of NYSE WMB opened at $62.49 on Friday. Williams Companies, Inc. has a fifty-two week low of $51.34 and a fifty-two week high of $65.55. The stock has a market cap of $76.20 billion, a price-to-earnings ratio of 31.40, a PEG ratio of 2.13 and a beta of 0.65. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The firm's 50-day simple moving average is $59.86 and its 200 day simple moving average is $59.17.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results 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 business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the business posted $0.43 EPS. Williams Companies'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, research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders 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 annualized dividend and a dividend yield of 3.2%. Williams Companies's dividend payout ratio is currently 100.50%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on WMB shares. Scotiabank increased their price target on Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a report on Tuesday, July 15th. The Goldman Sachs Group raised their target price on Williams Companies from $59.00 to $65.00 and gave the company a "neutral" rating in a research note on Thursday, October 2nd. CIBC upgraded Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 target price for the company in a research note on Friday, August 15th. Wall Street Zen downgraded Williams Companies from a "hold" rating to a "sell" rating in a research note on Saturday, October 4th. Finally, Jefferies Financial Group assumed coverage on Williams Companies in a research note on Thursday, October 9th. They issued a "buy" rating and a $72.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $66.73.

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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