GC Wealth Management RIA LLC Invests $979,000 in Williams Companies, Inc. (The) $WMB

Key Points

• GC Wealth Management RIA LLC invested approximately $979,000 in Williams Companies, Inc., acquiring 15,589 shares during the second quarter.
• Insiders sold a total of 8,500 shares worth around $497,715 over the last three months, with a 0.44% stake owned by company insiders.
• Williams Companies reported $0.46 earnings per share for the last quarter, missing expectations, and set FY 2025 guidance between $2.010-$2.190 EPS.

GC Wealth Management RIA LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,589 shares of the pipeline company's stock, valued at approximately $979,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new position in Williams Companies in the 1st quarter worth approximately $25,000. HWG Holdings LP bought a new position in Williams Companies during the first quarter worth $26,000. Saudi Central Bank acquired a new position in Williams Companies during the 1st quarter valued at $29,000. Iron Horse Wealth Management LLC boosted its holdings in 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 purchasing an additional 494 shares during the period. Finally, Hughes Financial Services LLC acquired a new stake in Williams Companies in the 1st quarter worth $32,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on 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 represents a 0.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 transaction, 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 disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock worth $497,715 over the last three months. 0.44% of the stock is owned by company insiders.

Williams Companies Stock Performance

Williams Companies stock opened at $63.92 on Tuesday. The firm has a market capitalization of $77.94 billion, a P/E ratio of 32.12, a P/E/G ratio of 2.14 and a beta of 0.65. The stock has a fifty day moving average price of $58.66 and a two-hundred day moving average price of $58.82. Williams Companies, Inc. has a 52-week low of $44.78 and a 52-week high of $64.48. 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 (NYSE:WMB - Get Free Report) last posted its 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). 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 during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the company posted $0.43 EPS. The firm'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. As a group, analysts anticipate 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. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. Williams Companies's payout ratio is 100.50%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on WMB. Barclays upped their price objective on shares of Williams Companies from $58.00 to $59.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $63.00 price target on shares of Williams Companies in a report on Tuesday, July 15th. BMO Capital Markets initiated coverage on Williams Companies in a research report on Friday, September 19th. They issued an "outperform" rating and a $66.00 price objective for the company. Wall Street Zen upgraded Williams Companies from a "sell" rating to a "hold" rating in a research report on Friday. Finally, Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $63.07.

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.

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.