Williams Companies, Inc. (The) $WMB Stock Position Increased by Generali Investments Management Co LLC

Generali Investments Management Co LLC boosted its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 31.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 14,221 shares of the pipeline company’s stock after buying an additional 3,440 shares during the period. Generali Investments Management Co LLC’s holdings in Williams Companies were worth $892,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of WMB. Y.D. More Investments Ltd boosted its position in shares of Williams Companies by 13.2% during the 2nd quarter. Y.D. More Investments Ltd now owns 2,029 shares of the pipeline company’s stock valued at $127,000 after purchasing an additional 237 shares in the last quarter. Western Wealth Management LLC raised its holdings in shares of Williams Companies by 14.2% in the 2nd quarter. Western Wealth Management LLC now owns 4,163 shares of the pipeline company’s stock worth $261,000 after purchasing an additional 519 shares in the last quarter. Avantax Advisory Services Inc. lifted its stake in Williams Companies by 8.0% during the second quarter. Avantax Advisory Services Inc. now owns 83,512 shares of the pipeline company’s stock valued at $5,245,000 after purchasing an additional 6,154 shares during the last quarter. Westwood Holdings Group Inc. boosted its holdings in Williams Companies by 1.0% during the second quarter. Westwood Holdings Group Inc. now owns 4,110,206 shares of the pipeline company’s stock worth $258,162,000 after buying an additional 40,504 shares in the last quarter. Finally, Intech Investment Management LLC grew its position in Williams Companies by 4.5% in the second quarter. Intech Investment Management LLC now owns 320,708 shares of the pipeline company’s stock worth $20,144,000 after buying an additional 13,950 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The stock was sold at an average price of $60.53, for a total transaction of $242,120.00. Following the completion of the sale, the senior vice president directly owned 302,645 shares of the company’s stock, valued at $18,319,101.85. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.44% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on WMB. Citigroup increased their price objective on Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday. Jefferies Financial Group dropped their price target on Williams Companies from $72.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. Mizuho upgraded Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. The Goldman Sachs Group raised their target price on shares of Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Finally, CIBC raised shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 target price on the stock in a research report on Friday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $68.21.

Williams Companies Stock Up 2.2%

Williams Companies stock opened at $60.93 on Friday. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $65.55. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. The firm has a market cap of $74.41 billion, a PE ratio of 30.62, a P/E/G ratio of 1.91 and a beta of 0.63. The firm’s 50 day moving average price is $60.67 and its two-hundred day moving average price is $59.44.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period last year, the business earned $0.43 EPS. The company’s quarterly revenue was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, research analysts predict that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be paid a $0.50 dividend. The ex-dividend date is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies’s payout ratio is 103.09%.

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.