LVW Advisors LLC Makes New Investment in Williams Companies, Inc. (The) $WMB

Key Points

• LVW Advisors LLC has made a new investment in Williams Companies, acquiring 6,144 shares valued at approximately $386,000.
• Company insiders have recently sold shares, with COO Larry C. Larsen selling 4,500 shares for $263,115, indicating a decrease in their ownership.
• Williams Companies announced a quarterly dividend of $0.50 per share, representing a yield of 3.1% and a 100.50% dividend payout ratio.

LVW Advisors LLC acquired a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,144 shares of the pipeline company's stock, valued at approximately $386,000.

Several other large investors have also recently added to or reduced their stakes in the company. Flaharty Asset Management LLC bought a new stake in shares of Williams Companies during the first quarter valued at approximately $25,000. HWG Holdings LP bought a new stake in shares of Williams Companies during the first quarter valued at approximately $26,000. Saudi Central Bank bought a new stake in shares of Williams Companies during the first quarter valued at approximately $29,000. Iron Horse Wealth Management LLC grew its stake in shares of 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 valued at $30,000 after purchasing an additional 494 shares during the last quarter. Finally, Abound Financial LLC bought a new stake in shares of Williams Companies during the first quarter valued at approximately $32,000. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the 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 sale, the chief operating officer directly owned 77,612 shares in the company, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction 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 completion of the sale, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 10,500 shares of company stock worth $623,115. Company insiders own 0.44% of the company's stock.

Williams Companies Price Performance

Shares of WMB stock opened at $64.05 on Friday. Williams Companies, Inc. has a 52-week low of $44.65 and a 52-week high of $64.48. The stock has a market cap of $78.10 billion, a PE ratio of 32.19, a PEG ratio of 2.14 and a beta of 0.65. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The firm's 50 day moving average price is $58.53 and its two-hundred day moving average price is $58.76.

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). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company's revenue for the quarter was up 19.0% on a year-over-year basis. During the same quarter last 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, analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company 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 $0.50 dividend. The ex-dividend date is Friday, September 12th. This represents a $2.00 annualized dividend and a yield of 3.1%. Williams Companies's dividend payout ratio (DPR) is 100.50%.

Wall Street Analysts Forecast Growth

WMB has been the topic of several research analyst reports. 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. Cibc World Mkts raised shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 15th. Wolfe Research raised shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Royal Bank Of Canada reissued an "outperform" rating and set a $63.00 price target on shares of Williams Companies in a research note on Tuesday, July 15th. Finally, Wall Street Zen raised shares of Williams Companies from a "sell" rating to a "hold" rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $63.07.

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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