Militia Capital Partners LP Purchases New Shares in Williams Companies, Inc. (The) $WMB

Key Points

• Militia Capital Partners LP has acquired a new stake in Williams Companies, Inc. by purchasing 5,000 shares valued at approximately $299,000 during the first quarter.
• Insider transactions reveal Terrance Lane Wilson and COO Larry C. Larsen each sold shares, decreasing their positions by 0.64% and 5.48%, respectively.
• Williams Companies has announced a quarterly dividend of $0.50 per share, set to be paid on September 29th, reflecting a 3.4% yield based on an annualized payout.

Militia Capital Partners LP purchased a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 5,000 shares of the pipeline company's stock, valued at approximately $299,000.

Several other large investors have also added to or reduced their stakes in the stock. First Hawaiian Bank boosted its holdings in Williams Companies by 29.0% in the first quarter. First Hawaiian Bank now owns 53,795 shares of the pipeline company's stock valued at $3,215,000 after acquiring an additional 12,100 shares in the last quarter. Modern Wealth Management LLC purchased a new position in Williams Companies during the first quarter valued at $200,000. Strs Ohio purchased a new position in Williams Companies during the first quarter valued at $15,786,000. Advisors Capital Management LLC lifted its position in Williams Companies by 2.8% during the first quarter. Advisors Capital Management LLC now owns 772,456 shares of the pipeline company's stock valued at $46,162,000 after buying an additional 21,066 shares during the period. Finally, WBI Investments LLC purchased a new position in Williams Companies during the first quarter valued at $323,000. Institutional investors own 86.44% of the company's stock.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction dated 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 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Larry C. Larsen sold 4,500 shares of the business's 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 completion of the transaction, the chief operating officer directly owned 77,612 shares of the company's stock, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 10,500 shares of company stock valued at $623,115. 0.44% of the stock is owned by insiders.

Williams Companies Price Performance

WMB opened at $59.31 on Friday. The stock has a 50-day moving average price of $58.04 and a 200-day moving average price of $58.39. 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 firm has a market cap of $72.32 billion, a PE ratio of 29.80, a P/E/G ratio of 1.96 and a beta of 0.65. Williams Companies, Inc. has a 1 year low of $44.49 and a 1 year high of $63.45.

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 the consensus estimate of $0.49 by ($0.03). The company had revenue of $2.78 billion during 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%.Williams Companies's revenue for the quarter 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. Sell-side analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have commented on WMB. Scotiabank raised their price objective on Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research report on Tuesday, July 15th. Barclays raised their price objective on Williams Companies from $58.00 to $59.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. TD Cowen assumed coverage on Williams Companies in a research report on Monday, July 7th. They set a "buy" rating and a $67.00 price objective for the company. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $63.00 price target on shares of Williams Companies in a research report on Tuesday, July 15th. Finally, Argus reaffirmed a "buy" rating and issued a $66.00 price target on shares of Williams Companies in a research report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies has a consensus rating of "Moderate Buy" and a consensus price target of $62.86.

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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