Williams Companies, Inc. (The) $WMB Position Increased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC boosted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 9.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 419,681 shares of the pipeline company’s stock after buying an additional 37,467 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Williams Companies were worth $26,587,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of WMB. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies during the first quarter worth $25,000. Hartford Funds Management Co LLC purchased a new position in Williams Companies in the 2nd quarter worth about $29,000. Private Wealth Management Group LLC raised its holdings in Williams Companies by 104.8% during the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after buying an additional 240 shares during the period. Atlantic Union Bankshares Corp acquired a new stake in Williams Companies during the 2nd quarter worth about $32,000. Finally, Salomon & Ludwin LLC purchased a new stake in Williams Companies during the third quarter valued at about $35,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Down 1.4%

Shares of NYSE:WMB opened at $60.31 on Friday. The firm has a fifty day moving average of $59.96 and a two-hundred day moving average of $59.69. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55. The firm has a market capitalization of $73.65 billion, a P/E ratio of 31.09, a price-to-earnings-growth ratio of 1.41 and a beta of 0.64.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

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

Wall Street Analyst Weigh In

WMB has been the topic of several analyst reports. Barclays lifted their target price on shares of Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. Morgan Stanley raised their price objective on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. TD Cowen boosted their target price on shares of Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Finally, Citigroup raised their target price on Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Three 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $68.29.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total value of $123,800.00. Following the completion of the sale, the senior vice president owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. The trade was a 0.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.44% of the stock is currently owned by corporate insiders.

About Williams Companies

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.