Wealth Enhancement Advisory Services LLC Purchases 37,848 Shares of Williams Companies, Inc. (The) $WMB

Key Points

• Wealth Enhancement Advisory Services LLC increased its holdings in Williams Companies by 9.4% during Q2, totaling $25.85 million in shares.
• Williams Companies reported an EPS of $0.46 for Q2, missing estimates and raising its FY 2025 guidance to 2.010-2.190 EPS.
• The company will pay a quarterly dividend of $0.50 on September 29th, representing a 3.3% yield with a payout ratio of 100.50%.

Wealth Enhancement Advisory Services LLC boosted its position in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 9.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 440,815 shares of the pipeline company's stock after purchasing an additional 37,848 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in Williams Companies were worth $25,849,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. TrueWealth Advisors LLC grew its position in Williams Companies by 0.7% in the 2nd quarter. TrueWealth Advisors LLC now owns 24,823 shares of the pipeline company's stock worth $1,559,000 after purchasing an additional 182 shares in the last quarter. Castleview Partners LLC grew its position in shares of Williams Companies by 4.2% during the 1st quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company's stock valued at $268,000 after acquiring an additional 183 shares during the period. Chesley Taft & Associates LLC grew its position in shares of Williams Companies by 1.8% during the 2nd quarter. Chesley Taft & Associates LLC now owns 10,221 shares of the pipeline company's stock valued at $642,000 after acquiring an additional 184 shares during the period. Quarry LP grew its position in shares of Williams Companies by 20.3% during the 1st quarter. Quarry LP now owns 1,095 shares of the pipeline company's stock valued at $65,000 after acquiring an additional 185 shares during the period. Finally, Mirador Capital Partners LP grew its position in shares of Williams Companies by 1.2% during the 1st quarter. Mirador Capital Partners LP now owns 16,712 shares of the pipeline company's stock valued at $999,000 after acquiring an additional 196 shares during the period. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of WMB stock traded up $0.10 during trading on Monday, reaching $60.21. 4,790,985 shares of the company's stock traded hands, compared to its average volume of 7,564,080. The company has a market capitalization of $73.42 billion, a P/E ratio of 30.26, a PEG ratio of 2.01 and a beta of 0.65. 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 firm's 50-day moving average is $58.17 and its 200 day moving average is $58.52. Williams Companies, Inc. has a 1 year low of $44.56 and a 1 year high of $63.45.

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 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 business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The business's quarterly 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. Equities research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, September 12th. Williams Companies's dividend payout ratio (DPR) is presently 100.50%.

Analyst Ratings Changes

WMB has been the subject of a number of research reports. TD Cowen initiated coverage on shares of Williams Companies in a research report on Monday, July 7th. They set a "buy" rating and a $67.00 target price for the company. Scotiabank increased their target price on shares of Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research report on Tuesday, July 15th. Wolfe Research raised shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 13th. Wall Street Zen downgraded shares of Williams Companies from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Argus restated a "buy" rating and set a $66.00 price target on shares of Williams Companies in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, Williams Companies has a consensus rating of "Moderate Buy" and a consensus target price of $63.07.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were 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 of the company's stock, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Larry C. Larsen sold 4,500 shares of the firm's stock in a transaction on Monday, August 11th. The shares were 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 position. The disclosure for this sale can be found here. Over the last three months, insiders sold 10,500 shares of company stock valued at $623,115. Insiders own 0.44% of the company's stock.

About Williams Companies

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.