FORA Capital LLC Has $892,000 Position in Williams Companies, Inc. (The) $WMB

Key Points

• FORA Capital LLC increased its stake in Williams Companies by 112.2%, now holding 14,932 shares worth approximately $892,000 as reported in its Form 13F filing.
• Williams Companies recently missed earnings expectations, reporting $0.46 EPS compared to the consensus estimate of $0.49, with a revenue of $2.78 billion against a forecast of $2.90 billion.
• The company announced a quarterly dividend of $0.50 per share, resulting in an annualized yield of 3.5% and a dividend payout ratio of 100.50%.

FORA Capital LLC boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 112.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,932 shares of the pipeline company's stock after acquiring an additional 7,896 shares during the quarter. FORA Capital LLC's holdings in Williams Companies were worth $892,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of WMB. Menard Financial Group LLC acquired a new position in Williams Companies during the fourth quarter worth $26,000. HWG Holdings LP acquired a new position in Williams Companies during the first quarter worth $26,000. Iron Horse Wealth Management LLC raised its stake in Williams Companies by 4,490.9% during the first 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 in the last quarter. Abound Financial LLC acquired a new position in Williams Companies during the first quarter worth $32,000. Finally, Hughes Financial Services LLC acquired a new position in Williams Companies during the first quarter worth $32,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Price Performance

Williams Companies stock opened at $57.52 on Thursday. The business's 50-day simple moving average is $58.65 and its 200 day simple moving average is $58.33. The stock has a market cap of $70.13 billion, a price-to-earnings ratio of 28.90, a P/E/G ratio of 1.91 and a beta of 0.66. Williams Companies, Inc. has a 12-month low of $43.98 and a 12-month high of $63.45. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73.

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 (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). The firm had revenue of $2.78 billion during 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 quarter in the prior year, the business earned $0.43 EPS. 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 year.

Williams Companies Dividend Announcement

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

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $59.68, for a total transaction of $119,360.00. Following the transaction, the senior vice president owned 313,645 shares in the company, valued at approximately $18,718,333.60. This trade represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Larry C. Larsen sold 4,500 shares of the firm's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the transaction, the chief operating officer owned 77,612 shares in the company, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,500 shares of company stock worth $507,875. Company insiders own 0.44% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wall Street Zen lowered Williams Companies from a "hold" rating to a "sell" rating in a research note on Saturday, August 9th. Cibc World Mkts upgraded Williams Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 15th. Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Royal Bank Of Canada restated an "outperform" rating and issued a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. Finally, TD Cowen assumed coverage on Williams Companies in a research note on Monday, July 7th. They issued a "buy" rating and a $67.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $62.86.

Williams Companies 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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