Capital Advisors Inc. OK Has $143.95 Million Stock Holdings in Williams Companies, Inc. (The) $WMB

Capital Advisors Inc. OK cut its position in Williams Companies, Inc. (The) (NYSE:WMB) by 0.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,291,868 shares of the pipeline company’s stock after selling 14,542 shares during the quarter. Williams Companies accounts for about 2.6% of Capital Advisors Inc. OK’s portfolio, making the stock its 7th largest holding. Capital Advisors Inc. OK owned about 0.19% of Williams Companies worth $143,952,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in Williams Companies by 0.6% in the 1st quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company’s stock valued at $7,838,312,000 after acquiring an additional 807,019 shares during the period. Wellington Management Group LLP grew its holdings in shares of Williams Companies by 6.0% during the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock valued at $1,770,336,000 after buying an additional 1,680,477 shares during the last quarter. Deutsche Bank AG grew its holdings in shares of Williams Companies by 5.6% during the first quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company’s stock valued at $1,047,025,000 after buying an additional 932,998 shares during the last quarter. Northern Trust Corp lifted its position in shares of Williams Companies by 0.4% during the first quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company’s stock valued at $913,840,000 after purchasing an additional 54,902 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Williams Companies by 45.0% during the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock valued at $677,623,000 after purchasing an additional 3,519,370 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Up 0.8%

NYSE WMB opened at $64.54 on Monday. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The company has a fifty day moving average of $59.14 and a two-hundred day moving average of $58.96. The firm has a market capitalization of $78.70 billion, a price-to-earnings ratio of 32.43, a PEG ratio of 2.15 and a beta of 0.65. Williams Companies, Inc. has a 52 week low of $48.41 and a 52 week high of $65.55.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.49 by ($0.03). The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The firm’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same period 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, analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were given a $0.50 dividend. The ex-dividend date was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.1%. Williams Companies’s dividend payout ratio is currently 100.50%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BMO Capital Markets assumed coverage on shares of Williams Companies in a research report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price objective on the stock. The Goldman Sachs Group boosted their price target on shares of Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday. Wells Fargo & Company upped their price objective on shares of Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Royal Bank Of Canada reiterated an “outperform” rating and set a $63.00 price target on shares of Williams Companies in a report on Tuesday, July 15th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.53.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s 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 sale, the senior vice president directly owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the chief operating officer owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. This represents a 5.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 8,500 shares of company stock worth $497,715. Insiders own 0.44% of the company’s stock.

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.