Capital Advisors Inc. OK Sells 12,106 Shares of Williams Companies, Inc. (The) $WMB

Capital Advisors Inc. OK decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 0.6% during the 2nd quarter, Holdings Channel reports. The fund owned 1,999,420 shares of the pipeline company’s stock after selling 12,106 shares during the quarter. Williams Companies comprises about 2.2% of Capital Advisors Inc. OK’s holdings, making the stock its 10th biggest position. Capital Advisors Inc. OK’s holdings in Williams Companies were worth $148,637,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Bank of America Corp DE acquired a new position in shares of Williams Companies in the second quarter worth $3,320,606,000. Norges Bank purchased a new stake in shares of Williams Companies during the fourth quarter worth about $747,749,000. Wellington Management Group LLP increased its position in shares of Williams Companies by 43.4% in the 2nd quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company’s stock worth $2,460,446,000 after purchasing an additional 10,013,946 shares during the last quarter. Legal & General Group Plc bought a new stake in Williams Companies during the second quarter valued at $596,077,000. Finally, BROOKFIELD Corp ON increased its position in Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 17,000 shares of company stock worth $1,262,930 over the last quarter. 0.47% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Jefferies Financial Group decreased their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. The Goldman Sachs Group reiterated a “buy” rating and set a $82.00 price target on shares of Williams Companies in a report on Tuesday, July 14th. Morgan Stanley boosted their target price on shares of Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research report on Tuesday. UBS Group reissued a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. increased their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday, July 1st. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $85.60.

Williams Companies Trading Down 2.5%

Williams Companies stock traded down $1.88 during trading hours on Wednesday, hitting $73.25. The stock had a trading volume of 5,424,800 shares, compared to its average volume of 6,942,874. The stock has a market cap of $89.60 billion, a price-to-earnings ratio of 29.18, a P/E/G ratio of 1.58 and a beta of 0.59. The business’s 50 day simple moving average is $73.38 and its 200-day simple moving average is $73.07. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period in the prior year, the business posted $0.46 earnings per share. Williams Companies’s quarterly revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts predict that Williams Companies, Inc. will post 2.43 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be given a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio is presently 83.67%.

Williams Companies Company 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.