MGO One Seven LLC Has $3.37 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Key Points

• MGO One Seven LLC has reduced its stake in Williams Companies, Inc. by 32.5%, holding 53,654 shares worth approximately $3.37 million after selling 25,881 shares in Q2.
• The company's recent earnings report indicated an EPS of $0.46, missing the consensus estimate, with revenue of $2.78 billion compared to expectations of $2.90 billion.
• Williams Companies announced a quarterly dividend of $0.50 per share, representing a 3.2% yield, with a payout ratio currently at 100.50%.

MGO One Seven LLC cut its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 32.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 53,654 shares of the pipeline company's stock after selling 25,881 shares during the quarter. MGO One Seven LLC's holdings in Williams Companies were worth $3,370,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies in the first quarter valued at about $25,000. HWG Holdings LP acquired a new stake in Williams Companies in the 1st quarter valued at approximately $26,000. Saudi Central Bank acquired a new stake in Williams Companies in the 1st quarter valued at approximately $29,000. Iron Horse Wealth Management LLC grew 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 buying an additional 494 shares during the last quarter. Finally, Abound Financial LLC acquired a new stake in Williams Companies in the 1st quarter valued at approximately $32,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Up 0.0%

NYSE WMB opened at $62.63 on Tuesday. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. The stock's 50 day moving average is $59.60 and its two-hundred day moving average is $59.09. The company has a market capitalization of $76.37 billion, a price-to-earnings ratio of 31.47, a PEG ratio of 2.09 and a beta of 0.65. Williams Companies, Inc. has a 1-year low of $50.24 and a 1-year high of $65.55.

Williams Companies (NYSE:WMB - Get Free Report) last announced 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). The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. Williams Companies's quarterly revenue was up 19.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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. This represents a $2.00 annualized dividend and a dividend yield of 3.2%. The ex-dividend date was Friday, September 12th. Williams Companies's payout ratio is currently 100.50%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on WMB. TD Cowen began coverage on shares of Williams Companies in a research note on Monday, July 7th. They issued a "buy" rating and a $67.00 price objective on the stock. Cibc World Mkts upgraded shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 15th. Argus restated a "buy" rating and issued a $66.00 price target on shares of Williams Companies in a research report on Thursday, August 14th. BMO Capital Markets initiated coverage on shares of Williams Companies in a research report on Friday, September 19th. They issued an "outperform" rating and a $66.00 price target on the stock. Finally, Jefferies Financial Group initiated coverage on Williams Companies in a research report on Thursday, October 9th. They set a "buy" rating and a $72.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of "Moderate Buy" and an average target price of $65.94.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the business's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total value of $263,115.00. Following the transaction, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 8,500 shares of company stock worth $497,715 in the last 90 days. 0.44% of the stock is owned by corporate insiders.

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.

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