Moss Adams Wealth Advisors LLC Makes New $278,000 Investment in Williams Companies, Inc. (The) $WMB

Key Points

• Moss Adams Wealth Advisors LLC has made a new investment of approximately $278,000 in Williams Companies, acquiring 4,420 shares in the second quarter.
• Research firms have maintained a positive outlook on Williams Companies, with analysts issuing multiple "buy" ratings and price targets ranging from $60.00 to $70.00.
• Williams Companies announced a quarterly dividend of $0.50 per share, representing an annualized yield of 3.1%, with a payout ratio of 100.50%.

Moss Adams Wealth Advisors LLC bought a new position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,420 shares of the pipeline company's stock, valued at approximately $278,000.

Other institutional investors have also bought and sold shares of the company. Flaharty Asset Management LLC purchased a new position in Williams Companies in the 1st quarter worth approximately $25,000. HWG Holdings LP purchased a new position in Williams Companies in the 1st quarter worth approximately $26,000. Saudi Central Bank purchased a new position in Williams Companies in the 1st quarter worth approximately $29,000. Iron Horse Wealth Management LLC lifted its stake 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 worth $30,000 after purchasing an additional 494 shares in the last quarter. Finally, Abound Financial LLC acquired a new position in Williams Companies in the 1st quarter valued at about $32,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on WMB. Argus reissued a "buy" rating and issued a $66.00 price target on shares of Williams Companies in a research note on Thursday, August 14th. 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 target for the company. Wells Fargo & Company increased 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. 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. Finally, Scotiabank increased their price target on shares of Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 15th. One investment 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, Williams Companies presently has an average rating of "Moderate Buy" and an average target price of $63.07.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the 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 sale, the senior vice president directly owned 311,645 shares in the company, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the sale, the chief operating officer 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 8,500 shares of company stock worth $497,715. 0.44% of the stock is owned by company insiders.

Williams Companies Stock Performance

Shares of WMB stock opened at $63.92 on Tuesday. The firm's 50 day moving average price is $58.66 and its 200-day moving average price is $58.82. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. Williams Companies, Inc. has a one year low of $44.78 and a one year high of $64.48. The firm has a market cap of $77.94 billion, a P/E ratio of 32.12, a P/E/G ratio of 2.14 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last issued 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 return on equity of 16.23% and a net margin of 21.63%.The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the prior year, the company posted $0.43 earnings per share. The business's revenue 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. As a group, equities research analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were issued a dividend of $0.50 per share. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. Williams Companies's dividend payout ratio is 100.50%.

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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