Cwm LLC Has $5.79 Million Stock Position in Williams Companies, Inc. (The) $WMB

Cwm LLC grew its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 30.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,116 shares of the pipeline company's stock after buying an additional 21,592 shares during the period. Cwm LLC's holdings in Williams Companies were worth $5,786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions 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 position in shares of Williams Companies in the 1st quarter valued at $26,000. Saudi Central Bank acquired a new position in shares of Williams Companies in the 1st quarter valued at $29,000. Iron Horse Wealth Management LLC grew its holdings in shares of Williams Companies by 4,490.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company's stock valued at $30,000 after buying an additional 494 shares during the period. Finally, Hughes Financial Services LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $32,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Trading Up 2.3%

Shares of NYSE:WMB opened at $63.77 on Thursday. The company's 50-day moving average price is $59.77 and its two-hundred day moving average price is $59.15. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a one year low of $50.80 and a one year high of $65.55. The stock has a market capitalization of $77.76 billion, a PE ratio of 32.05, a price-to-earnings-growth ratio of 2.08 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 EPS for the quarter, missing the consensus estimate 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 the consensus estimate of $2.90 billion. During the same period last year, the firm earned $0.43 earnings per share. The company'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. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.1%. Williams Companies's payout ratio is 100.50%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on WMB shares. Jefferies Financial Group started coverage on shares of Williams Companies in a report on Thursday, October 9th. They issued a "buy" rating and a $72.00 price target for the company. UBS Group boosted their price objective on shares of Williams Companies from $74.00 to $78.00 and gave the company a "buy" rating in a research report on Tuesday, September 30th. Wall Street Zen cut shares of Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, October 4th. TD Cowen initiated coverage on shares of Williams Companies in a research report on Monday, July 7th. They issued a "buy" rating and a $67.00 price objective on the stock. Finally, Wells Fargo & Company boosted their price objective on shares of Williams Companies from $67.00 to $70.00 and gave the company an "overweight" rating in a research report on Friday, August 8th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Williams Companies has a consensus rating of "Moderate Buy" and an average target price of $66.00.

Insider Activity

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total transaction of $263,115.00. Following the sale, the chief operating officer directly owned 77,612 shares of the company's stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total transaction of $115,240.00. Following the sale, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,500 shares of company stock worth $497,715 over the last three months. Insiders own 0.44% of the company's stock.

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.

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.