Williams Companies, Inc. (The) $WMB Shares Bought by Jackson Square Capital LLC

Key Points

• Jackson Square Capital LLC significantly increased its stake in Williams Companies, Inc. by 85.6%, owning 15,236 shares valued at approximately $957,000 as of its recent SEC filing.
• The company recently declared a $0.50 quarterly dividend, which will be paid on September 29th, representing an annualized yield of 3.4% with a payout ratio of 100.50%.
• Williams Companies' stock performance shows it missed earnings estimates, reporting $0.46 EPS against a consensus of $0.49, while the company projects FY 2025 EPS guidance between 2.010-2.190.

Jackson Square Capital LLC boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 85.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,236 shares of the pipeline company's stock after acquiring an additional 7,025 shares during the period. Jackson Square Capital LLC's holdings in Williams Companies were worth $957,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. TrueWealth Advisors LLC lifted its holdings in shares of Williams Companies by 0.7% in the second quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company's stock worth $1,559,000 after buying an additional 182 shares in the last quarter. Castleview Partners LLC lifted its holdings in shares of Williams Companies by 4.2% in the first quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company's stock worth $268,000 after buying an additional 183 shares in the last quarter. Chesley Taft & Associates LLC lifted its holdings in shares of Williams Companies by 1.8% in the second quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company's stock worth $642,000 after buying an additional 184 shares in the last quarter. Quarry LP lifted its holdings in shares of Williams Companies by 20.3% in the first quarter. Quarry LP now owns 1,095 shares of the pipeline company's stock worth $65,000 after buying an additional 185 shares in the last quarter. Finally, Mirador Capital Partners LP lifted its holdings in shares of Williams Companies by 1.2% in the first quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company's stock worth $999,000 after buying an additional 196 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the completion of the transaction, the senior vice president directly owned 311,645 shares of the company's stock, valued at $17,956,984.90. The trade was a 0.64% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 transaction of $263,115.00. Following the completion of the sale, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 10,500 shares of company stock valued at $623,115. Insiders own 0.44% of the company's stock.

Williams Companies Stock Performance

WMB traded down $0.19 during trading on Friday, reaching $60.19. 14,759,060 shares of the company's stock were exchanged, compared to its average volume of 5,639,600. Williams Companies, Inc. has a 1 year low of $44.51 and a 1 year high of $63.45. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. The stock has a market capitalization of $73.39 billion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 2.01 and a beta of 0.65. The company's fifty day simple moving average is $58.17 and its 200-day simple moving average is $58.50.

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 analysts' consensus estimates of $0.49 by ($0.03). The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The business's quarterly revenue was up 19.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend is Friday, September 12th. Williams Companies's payout ratio is 100.50%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. CIBC raised shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price target on the stock in a research note on Friday, August 15th. Argus reaffirmed a "buy" rating and set a $66.00 price target on shares of Williams Companies in a research note on Thursday, August 14th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Wells Fargo & Company upped their price target on shares of Williams Companies from $67.00 to $70.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, TD Cowen assumed coverage on shares of Williams Companies in a research note on Monday, July 7th. They set a "buy" rating and a $67.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $63.07.

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.