Trivium Point Advisory LLC Has $8.24 Million Stake in Williams Companies, Inc. (The) $WMB

Key Points

• Trivium Point Advisory LLC increased its stake in Williams Companies by 12.3%, owning 137,851 shares valued at approximately $8.24 million, making it the firm's 16th largest holding.
• Several hedge funds, including Vanguard Group and Goldman Sachs, have also made significant purchases of Williams Companies stock, further indicating strong institutional interest.
• The company recently announced a quarterly dividend of $0.50 per share, representing a yield of 3.5%, with a payout ratio exceeding 100%.

Trivium Point Advisory LLC boosted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 12.3% in the first quarter, according to its most recent filing with the SEC. The firm owned 137,851 shares of the pipeline company's stock after acquiring an additional 15,053 shares during the period. Williams Companies accounts for 1.0% of Trivium Point Advisory LLC's portfolio, making the stock its 16th largest position. Trivium Point Advisory LLC's holdings in Williams Companies were worth $8,238,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in WMB. Brighton Jones LLC raised its position in shares of Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock worth $740,000 after purchasing an additional 3,969 shares during the period. Savvy Advisors Inc. acquired a new stake in shares of Williams Companies during the fourth quarter worth about $213,000. CreativeOne Wealth LLC raised its position in shares of Williams Companies by 54.0% during the fourth quarter. CreativeOne Wealth LLC now owns 38,363 shares of the pipeline company's stock worth $2,076,000 after purchasing an additional 13,448 shares during the period. XTX Topco Ltd acquired a new stake in shares of Williams Companies during the fourth quarter worth about $305,000. Finally, Guggenheim Capital LLC raised its position in shares of Williams Companies by 4.4% during the fourth quarter. Guggenheim Capital LLC now owns 173,128 shares of the pipeline company's stock worth $9,370,000 after purchasing an additional 7,249 shares during the period. Institutional investors own 86.44% of the company's stock.

Insider Activity

In other 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 transaction 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction dated Friday, August 1st. The stock was sold at an average price of $59.68, for a total transaction of $119,360.00. Following the transaction, the senior vice president owned 313,645 shares in the company, valued at $18,718,333.60. This represents a 0.63% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 8,500 shares of company stock worth $507,875 over the last 90 days. 0.44% of the stock is owned by company insiders.

Williams Companies Stock Down 0.3%

NYSE:WMB traded down $0.1640 on Tuesday, hitting $56.3560. 1,936,516 shares of the company's stock were exchanged, compared to its average volume of 7,738,943. The firm has a 50-day moving average price of $58.95 and a 200-day moving average price of $58.31. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a 52 week low of $43.96 and a 52 week high of $63.45. The company has a market cap of $68.72 billion, a P/E ratio of 28.31, a price-to-earnings-growth ratio of 1.91 and a beta of 0.66.

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

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be paid a dividend of $0.50 per share. The ex-dividend date is Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.5%. Williams Companies's payout ratio is currently 100.50%.

Analyst Ratings Changes

Several research firms recently commented on WMB. CIBC raised shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price objective on the stock in a research report on Friday. Wolfe Research raised shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 13th. Barclays boosted their price objective on shares of Williams Companies from $58.00 to $59.00 and gave the company an "equal weight" rating in a research report on Thursday, August 14th. Argus reaffirmed a "buy" rating and issued a $66.00 price objective on shares of Williams Companies in a research report on Thursday, August 14th. Finally, Cibc World Mkts raised shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price 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.