Williams Companies, Inc. (The) $WMB Shares Bought by Trivium Point Advisory LLC

Key Points

• Trivium Point Advisory LLC increased its stake in Williams Companies, Inc. by 10.8% during the second quarter, now holding 152,760 shares valued at approximately $9.6 million.
• Williams Companies reported a net margin of 21.63% and a revenue of $2.78 billion for the latest quarter, although it missed consensus earnings expectations.
• The company declared a quarterly dividend of $0.50 per share, reflecting an annual yield of 3.1%, with a noted dividend payout ratio of 100.5%.

Trivium Point Advisory LLC boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 10.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 152,760 shares of the pipeline company's stock after buying an additional 14,909 shares during the period. Williams Companies accounts for 1.0% of Trivium Point Advisory LLC's investment portfolio, making the stock its 15th largest position. Trivium Point Advisory LLC's holdings in Williams Companies were worth $9,595,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in WMB. Nuveen LLC acquired a new position in Williams Companies during the first quarter worth $335,419,000. Goldman Sachs Group Inc. lifted its stake in shares of Williams Companies by 45.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company's stock valued at $677,623,000 after purchasing an additional 3,519,370 shares during the last quarter. Bahl & Gaynor Inc. lifted its stake in shares of Williams Companies by 34.0% in the 1st quarter. Bahl & Gaynor Inc. now owns 11,287,921 shares of the pipeline company's stock valued at $674,566,000 after purchasing an additional 2,861,988 shares during the last quarter. Voya Investment Management LLC lifted its stake in shares of Williams Companies by 275.7% in the 1st quarter. Voya Investment Management LLC now owns 2,609,318 shares of the pipeline company's stock valued at $155,933,000 after purchasing an additional 1,914,730 shares during the last quarter. Finally, Congress Asset Management Co. acquired a new position in shares of Williams Companies in the 1st quarter valued at $112,706,000. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Price Performance

WMB stock opened at $63.92 on Tuesday. 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 company has a market capitalization of $77.94 billion, a PE ratio of 32.12, a P/E/G ratio of 2.14 and a beta of 0.65. Williams Companies, Inc. has a 12-month low of $44.78 and a 12-month high of $64.48. The business's fifty day moving average price is $58.66 and its 200 day moving average price is $58.82.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data 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). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The firm had revenue of $2.78 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter in the prior year, the firm posted $0.43 EPS. Williams Companies'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. On average, sell-side analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 3.1%. Williams Companies's dividend payout ratio is 100.50%.

Insider Activity

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the company's stock in a transaction dated 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 $4,537,973.64. This represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company'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 sale, the senior vice president owned 311,645 shares in the company, valued at approximately $17,956,984.90. This trade represents a 0.64% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 8,500 shares of company stock worth $497,715. 0.44% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently commented on WMB. Wells Fargo & Company upped their price target on Williams Companies from $67.00 to $70.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. CIBC raised Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 price target on the stock in a research note on Friday, August 15th. TD Cowen began coverage on Williams Companies in a research note on Monday, July 7th. They issued a "buy" rating and a $67.00 price target on the stock. BMO Capital Markets began coverage on Williams Companies in a research note on Friday, September 19th. They issued an "outperform" rating and a $66.00 price target on the stock. Finally, Barclays upped their price target on Williams Companies from $58.00 to $59.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $63.07.

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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