Evelyn Partners Investment Management LLP Grows Holdings in Williams Companies, Inc. (The) $WMB

Evelyn Partners Investment Management LLP increased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 24.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,042 shares of the pipeline company’s stock after buying an additional 9,171 shares during the period. Evelyn Partners Investment Management LLP’s holdings in Williams Companies were worth $2,892,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in the stock. Diversified Trust Co boosted its position in shares of Williams Companies by 28.5% during the second quarter. Diversified Trust Co now owns 46,549 shares of the pipeline company’s stock worth $2,924,000 after buying an additional 10,317 shares during the period. Cbre Investment Management Listed Real Assets LLC raised its stake in Williams Companies by 362.5% during the 1st quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,465,991 shares of the pipeline company’s stock valued at $87,608,000 after acquiring an additional 1,149,045 shares in the last quarter. ORG Partners LLC boosted its position in Williams Companies by 153.4% during the 2nd quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock worth $49,000 after acquiring an additional 503 shares during the period. Adams Natural Resources Fund Inc. grew its stake in shares of Williams Companies by 1,238.3% in the second quarter. Adams Natural Resources Fund Inc. now owns 365,350 shares of the pipeline company’s stock worth $22,948,000 after purchasing an additional 338,050 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of Williams Companies during the first quarter valued at $2,728,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $59.64 on Friday. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55. The stock has a fifty day moving average of $60.77 and a 200-day moving average of $59.44. The company has a market capitalization of $72.83 billion, a PE ratio of 29.97, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. 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) last announced 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 return on equity of 16.23% and a net margin of 21.63%.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 firm earned $0.43 earnings per share. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts anticipate 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 issued a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio (DPR) is presently 103.09%.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the completion of the sale, the senior vice president owned 302,645 shares in the company, valued at approximately $18,319,101.85. This represents a 1.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.44% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on WMB. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Monday. UBS Group increased their price objective on shares of Williams Companies from $74.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, September 30th. BMO Capital Markets dropped their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Mizuho upgraded Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. Finally, TD Cowen upped their price objective on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $68.21.

Williams Companies Company 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.