Calamos Wealth Management LLC Invests $532,000 in Williams Companies, Inc. (The) $WMB

Calamos Wealth Management LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,472 shares of the pipeline company's stock, valued at approximately $532,000.

Several other institutional investors also recently modified their holdings of the company. Forvis Mazars Wealth Advisors LLC grew its holdings in shares of Williams Companies by 4.2% during the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 4,994 shares of the pipeline company's stock worth $314,000 after purchasing an additional 202 shares in the last quarter. First National Bank of Hutchinson lifted its position in shares of Williams Companies by 2.7% during the 2nd quarter. First National Bank of Hutchinson now owns 7,684 shares of the pipeline company's stock worth $483,000 after buying an additional 199 shares during the period. Aspiriant LLC bought a new position in shares of Williams Companies during the 2nd quarter worth approximately $303,000. Koshinski Asset Management Inc. bought a new position in shares of Williams Companies during the 2nd quarter worth approximately $291,000. Finally, Private Wealth Management Group LLC lifted its position in shares of Williams Companies by 104.8% during the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company's stock worth $29,000 after buying an additional 240 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Barclays raised their target price on Williams Companies from $65.00 to $66.00 and gave the stock an "equal weight" rating in a research report on Tuesday, October 14th. Cibc World Mkts upgraded Williams Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 15th. UBS Group raised their target price on Williams Companies from $74.00 to $78.00 and gave the stock a "buy" rating in a research report on Tuesday, September 30th. Wells Fargo & Company raised their target price on Williams Companies from $67.00 to $70.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Finally, The Goldman Sachs Group raised their target price on Williams Companies from $59.00 to $65.00 and gave the stock a "neutral" rating in a research report on Thursday, October 2nd. One 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, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $66.73.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the sale, the senior vice president directly owned 311,645 shares of the company's stock, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction 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 of the company's stock, valued at $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock valued at $497,715 over the last three months. Insiders own 0.44% of the company's stock.

Williams Companies Trading Down 0.2%

Shares of WMB opened at $62.39 on Monday. The stock has a fifty day moving average price of $59.95 and a two-hundred day moving average price of $59.16. 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, Inc. has a 52-week low of $51.34 and a 52-week high of $65.55. 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 issued its quarterly earnings data 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). 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 quarter in the previous year, the firm posted $0.43 EPS. The company'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. Analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, September 12th. 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.

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.