Integrity Alliance LLC. Acquires New Shares in Williams Companies, Inc. (The) $WMB

Key Points

• Integrity Alliance LLC has acquired a new stake in Williams Companies, Inc., purchasing 9,540 shares valued at approximately $570,000.
• Williams Companies reported a quarterly EPS of $0.46, missing expectations, and set FY 2025 guidance at 2.010-2.190 EPS.
• The company will pay a quarterly dividend of $0.50 per share, equating to an annualized dividend yield of 3.4%.

Integrity Alliance LLC. acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 9,540 shares of the pipeline company's stock, valued at approximately $570,000.

Other hedge funds have also recently bought and sold shares of the company. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Williams Companies by 1.2% in the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company's stock valued at $34,489,000 after purchasing an additional 6,816 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC grew its holdings in Williams Companies by 362.5% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company's stock valued at $87,608,000 after buying an additional 1,149,045 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Williams Companies by 27.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company's stock valued at $24,081,000 after buying an additional 87,031 shares during the last quarter. Kessler Investment Group LLC acquired a new stake in Williams Companies during the 1st quarter valued at $327,000. Finally, Hennion & Walsh Asset Management Inc. grew its holdings in Williams Companies by 14.0% during the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 85,839 shares of the pipeline company's stock valued at $5,130,000 after buying an additional 10,561 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Trading Down 0.8%

Shares of WMB opened at $58.84 on Friday. The stock's fifty day simple moving average is $58.05 and its 200 day simple moving average is $58.41. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a twelve month low of $44.51 and a twelve month high of $63.45. The firm has a market capitalization of $71.75 billion, a P/E ratio of 29.57, a price-to-earnings-growth ratio of 1.98 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings data 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 net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.78 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same period last year, the business earned $0.43 earnings per share. 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. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, September 12th. Williams Companies's payout ratio is presently 100.50%.

Insider Transactions at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 of the company's stock, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of Williams Companies 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 sale, the chief operating officer directly owned 77,612 shares in the company, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,500 shares of company stock worth $623,115. Corporate insiders own 0.44% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Wall Street Zen cut Williams Companies from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. TD Cowen assumed coverage on Williams Companies in a report on Monday, July 7th. They set a "buy" rating and a $67.00 target price on the stock. Scotiabank increased their target price on Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a report on Tuesday, July 15th. Royal Bank Of Canada reiterated an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a report on Tuesday, July 15th. Finally, CIBC upgraded Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price objective on the stock in a report on Friday, August 15th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $62.86.

Williams Companies Company 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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