B. Metzler seel. Sohn & Co. AG Buys 6,791 Shares of Williams Companies, Inc. (The) $WMB

Key Points

• B. Metzler seel. Sohn & Co. AG increased its holdings in Williams Companies, Inc. by 6.6%, owning a total of $6.59 million in the company's stock.
• The company reported earnings of $0.46 per share for the last quarter, missing estimates, while quarterly revenue reached $2.78 billion, a 19% increase compared to last year.
• A quarterly dividend of $0.50 will be paid on September 29th, representing an annual yield of 3.5% and a payout ratio of 100.50%.

B. Metzler seel. Sohn & Co. AG boosted its stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 6.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,324 shares of the pipeline company's stock after buying an additional 6,791 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Williams Companies were worth $6,593,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WMB. Menard Financial Group LLC purchased a new stake in Williams Companies in the fourth quarter worth about $26,000. HWG Holdings LP purchased a new stake in Williams Companies in the first quarter worth about $26,000. Iron Horse Wealth Management LLC lifted its holdings 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 worth $30,000 after buying an additional 494 shares during the period. Abound Financial LLC purchased a new stake in Williams Companies in the first quarter worth about $32,000. Finally, Hughes Financial Services LLC purchased a new stake in Williams Companies in the first quarter worth about $32,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Down 0.2%

Shares of WMB traded down $0.12 on Monday, hitting $57.88. 4,093,394 shares of the stock traded hands, compared to its average volume of 6,652,738. The company has a market capitalization of $70.58 billion, a PE ratio of 29.09, a P/E/G ratio of 1.93 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 business has a 50 day simple moving average of $58.58 and a 200 day simple moving average of $58.39. 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 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). The firm had revenue of $2.78 billion for 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 revenue was up 19.0% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 12th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Williams Companies's dividend payout ratio (DPR) is 100.50%.

Insider Activity at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of Williams Companies 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 owned 77,612 shares of the company's stock, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred 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 directly owned 313,645 shares of the company's stock, valued at approximately $18,718,333.60. This trade represents a 0.63% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 8,500 shares of company stock valued at $507,875 in the last three months. 0.44% of the stock is owned by insiders.

Analyst Ratings Changes

WMB has been the subject of several research analyst reports. Cibc World Mkts upgraded shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. Argus reiterated a "buy" rating and set a $66.00 target price on shares of Williams Companies in a report on Thursday, August 14th. Wells Fargo & Company lifted their target price on shares of Williams Companies from $67.00 to $70.00 and gave the company an "overweight" rating in a report on Friday, August 8th. Scotiabank lifted their target price on shares of Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a report on Tuesday, July 15th. Finally, Wall Street Zen lowered shares of Williams Companies from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Williams Companies currently has an average rating of "Moderate Buy" and an average target price of $62.86.

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.