Hilltop National Bank Buys Shares of 12,974 Williams Companies, Inc. (The) $WMB

Hilltop National Bank bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,974 shares of the pipeline company’s stock, valued at approximately $815,000.

A number of other institutional investors have also made changes to their positions in WMB. Flaharty Asset Management LLC bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $25,000. HWG Holdings LP bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $26,000. Saudi Central Bank bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $29,000. Iron Horse Wealth Management LLC increased its holdings in shares of Williams Companies by 4,490.9% in the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 494 shares during the last quarter. Finally, Abound Financial LLC bought a new stake in shares of Williams Companies in the 1st quarter valued at approximately $32,000. 86.44% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the transaction, the senior vice president owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. This represents a 0.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Larry C. Larsen sold 4,500 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total value of $263,115.00. Following the completion of the transaction, the chief operating officer directly owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. The trade was a 5.48% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,500 shares of company stock valued at $497,715. Company insiders own 0.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WMB shares. Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Friday, August 15th. Barclays boosted their price target on Williams Companies from $59.00 to $65.00 and gave the company an “equal weight” rating in a report on Tuesday. Argus reiterated a “buy” rating and issued a $66.00 price target on shares of Williams Companies in a report on Thursday, August 14th. Royal Bank Of Canada restated an “outperform” rating and set a $63.00 price objective on shares of Williams Companies in a research note on Tuesday, July 15th. Finally, Morgan Stanley upped their price objective on Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Williams Companies currently has an average rating of “Moderate Buy” and a consensus target price of $65.53.

Williams Companies Price Performance

Shares of WMB opened at $64.09 on Friday. The company has a market cap of $78.14 billion, a P/E ratio of 32.20, a PEG ratio of 2.13 and a beta of 0.65. The stock has a fifty day moving average price of $59.00 and a 200 day moving average price of $58.93. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a 12 month low of $47.52 and a 12 month high of $65.55.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the previous year, the company earned $0.43 earnings per share. 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, research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.1%. Williams Companies’s dividend payout ratio is presently 100.50%.

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.