Kingswood Wealth Advisors LLC Has $623,000 Stock Position in Williams Companies, Inc. (The) $WMB

Kingswood Wealth Advisors LLC cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 50.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,840 shares of the pipeline company’s stock after selling 10,210 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Williams Companies were worth $623,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the business. Diversified Trust Co grew its stake in shares of Williams Companies by 28.5% in the 2nd quarter. Diversified Trust Co now owns 46,549 shares of the pipeline company’s stock worth $2,924,000 after acquiring an additional 10,317 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its position in shares of Williams Companies by 105.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 1,258,552 shares of the pipeline company’s stock valued at $79,050,000 after purchasing an additional 646,488 shares in the last quarter. World Investment Advisors boosted its holdings in Williams Companies by 185.6% during the third quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock worth $2,728,000 after purchasing an additional 27,987 shares during the last quarter. Seven Post Investment Office LP bought a new stake in Williams Companies in the 2nd quarter worth about $3,879,000. Finally, ORG Partners LLC grew its position in Williams Companies by 153.4% in the 2nd quarter. ORG Partners LLC now owns 831 shares of the pipeline company’s stock worth $49,000 after purchasing an additional 503 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $61.90, for a total value of $123,800.00. Following the completion of the transaction, the senior vice president directly owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. This trade represents a 0.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 1.4%

Shares of NYSE WMB opened at $60.31 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The stock has a market capitalization of $73.65 billion, a PE ratio of 31.09, a P/E/G ratio of 1.40 and a beta of 0.64. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55. The business’s fifty day moving average price is $59.96 and its 200-day moving average price is $59.68.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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). The firm had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.87 billion. Williams Companies had a net margin of 20.61% and a return on equity of 16.74%. The company’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Williams Companies’s payout ratio is 103.09%.

Analyst Ratings Changes

WMB has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their target price on Williams Companies from $70.00 to $71.00 and gave the stock a “buy” rating in a research note on Friday. Mizuho raised Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Barclays lifted their target price on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Finally, BMO Capital Markets reduced their price target on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Williams Companies has an average rating of “Moderate Buy” and a consensus price target of $68.29.

Williams Companies Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.