Roundview Capital LLC Acquires New Holdings in Williams Companies, Inc. (The) $WMB

Key Points

• Roundview Capital LLC has acquired a new stake in Williams Companies, Inc. (NYSE: WMB), purchasing 3,979 shares valued at approximately $250,000 during the second quarter.
• The company recently announced a quarterly dividend of $0.50 per share, translating to an annualized amount of $2.00, with a yield of 3.2%.
• Analysts have set a consensus target price of $65.53 for WMB, with several upgrades reflecting a generally positive outlook on the stock.

Roundview Capital LLC acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 3,979 shares of the pipeline company's stock, valued at approximately $250,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in WMB. Brighton Jones LLC raised its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock worth $740,000 after buying an additional 3,969 shares in the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of Williams Companies during the 1st quarter worth about $357,000. OLD National Bancorp IN raised its position in shares of Williams Companies by 17.9% during the 1st quarter. OLD National Bancorp IN now owns 6,343 shares of the pipeline company's stock worth $379,000 after buying an additional 965 shares in the last quarter. First Citizens Bank & Trust Co. raised its position in shares of Williams Companies by 14.5% during the 1st quarter. First Citizens Bank & Trust Co. now owns 12,068 shares of the pipeline company's stock worth $721,000 after buying an additional 1,526 shares in the last quarter. Finally, Daymark Wealth Partners LLC bought a new stake in shares of Williams Companies during the 1st quarter worth about $332,000. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Performance

Shares of WMB opened at $63.49 on Thursday. The company's 50 day moving average price is $59.44 and its 200 day moving average price is $59.05. Williams Companies, Inc. has a 52 week low of $48.71 and a 52 week high of $65.55. The company has a market capitalization of $77.42 billion, a PE ratio of 31.90, a PEG ratio of 2.13 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.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same period in the previous year, the firm posted $0.43 earnings per share. The business's revenue for the quarter was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal 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 paid a $0.50 dividend. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.2%. Williams Companies's payout ratio is 100.50%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on WMB shares. BMO Capital Markets started coverage on shares of Williams Companies in a research note on Friday, September 19th. They issued an "outperform" rating and a $66.00 price objective on the stock. 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. Morgan Stanley lifted their price objective on shares of Williams Companies from $70.00 to $83.00 and gave the stock an "overweight" rating in a research note on Thursday, October 2nd. TD Cowen started 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. Finally, The Goldman Sachs Group lifted their price objective on shares of Williams Companies from $59.00 to $65.00 and gave the stock a "neutral" rating in a research note on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $65.53.

Insider Buying and Selling

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction that occurred 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 completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 sale, the senior vice president owned 311,645 shares of the company's stock, valued at $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. Insiders sold 8,500 shares of company stock valued at $497,715 over the last quarter. Corporate insiders own 0.44% of the company's stock.

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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