FSM Wealth Advisors LLC Buys Shares of 7,674 Williams Companies, Inc. (The) $WMB

Key Points

• FSM Wealth Advisors LLC has acquired 7,674 shares of Williams Companies, valued at approximately $449,000, signaling institutional interest in the pipeline company.
• Several hedge funds have adjusted their positions in Williams Companies, with significant increases in holdings, indicating a growing confidence in the company among institutional investors.
• Williams Companies recently reported a quarterly earnings miss, with an EPS of $0.46 against the consensus estimate of $0.49, while the stock is experiencing varied analyst ratings from "strong sell" to "outperform" with a target price as high as $83.00.

FSM Wealth Advisors LLC bought a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 7,674 shares of the pipeline company's stock, valued at approximately $449,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies in the first quarter valued at approximately $25,000. Saudi Central Bank acquired a new stake in shares of Williams Companies in the first quarter valued at approximately $29,000. Private Wealth Management Group LLC increased its holdings in shares of Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company's stock valued at $29,000 after purchasing an additional 240 shares during the last quarter. Iron Horse Wealth Management LLC increased its holdings in shares of 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 valued at $30,000 after purchasing an additional 494 shares during the last quarter. Finally, Abound Financial LLC acquired a new stake in shares of Williams Companies in the first quarter valued at approximately $32,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Buying and Selling at Williams Companies

In other news, COO Larry C. Larsen sold 4,500 shares of the firm's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the completion of the transaction, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm's 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 transaction, the senior vice president 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 90 days, insiders have sold 8,500 shares of company stock valued at $497,715. Company insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on WMB shares. Zacks Research cut Williams Companies from a "hold" rating to a "strong sell" rating in a report on Friday, October 17th. BMO Capital Markets began coverage on Williams Companies in a report on Friday, September 19th. They issued an "outperform" rating and a $66.00 price target for the company. Royal Bank Of Canada reissued an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. 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 note on Thursday, October 2nd. Finally, Morgan Stanley raised their target price on Williams Companies from $70.00 to $83.00 and gave the stock an "overweight" rating in a research note on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $66.73.

Williams Companies Price Performance

WMB stock opened at $58.88 on Friday. The business has a fifty day moving average of $60.26 and a two-hundred day moving average of $59.29. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The stock has a market cap of $71.80 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 2.07 and a beta of 0.65. Williams Companies, Inc. has a 52-week low of $51.46 and a 52-week high of $65.55.

Williams Companies (NYSE:WMB - Get Free Report) last released 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 firm had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter in the prior year, the business earned $0.43 earnings per share. The company's quarterly revenue was up 19.0% on a year-over-year basis. 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 company also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. The ex-dividend date was Friday, September 12th. Williams Companies's dividend payout ratio (DPR) is currently 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.

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