Trust Co. of Oklahoma Has $1.49 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

Trust Co. of Oklahoma trimmed its holdings in The Williams Companies, Inc. (NYSE:WMB) by 3.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,572 shares of the pipeline company’s stock after selling 913 shares during the period. Trust Co. of Oklahoma’s holdings in Williams Companies were worth $1,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Baron Silver Stevens Financial Advisors LLC bought a new stake in shares of Williams Companies during the 4th quarter valued at $236,000. Avior Wealth Management LLC raised its stake in Williams Companies by 5.2% in the fourth quarter. Avior Wealth Management LLC now owns 5,636 shares of the pipeline company’s stock valued at $305,000 after purchasing an additional 277 shares in the last quarter. Magnus Financial Group LLC raised its stake in Williams Companies by 29.7% in the fourth quarter. Magnus Financial Group LLC now owns 21,878 shares of the pipeline company’s stock valued at $1,184,000 after purchasing an additional 5,015 shares in the last quarter. Albion Financial Group UT lifted its position in Williams Companies by 18.4% during the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock worth $64,000 after purchasing an additional 184 shares during the period. Finally, XML Financial LLC grew its stake in Williams Companies by 7.5% during the fourth quarter. XML Financial LLC now owns 7,363 shares of the pipeline company’s stock worth $398,000 after buying an additional 513 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

Williams Companies stock opened at $59.22 on Thursday. The stock’s 50 day moving average is $56.33 and its 200 day moving average is $50.12. The Williams Companies, Inc. has a one year low of $32.65 and a one year high of $61.46. The firm has a market cap of $72.19 billion, a P/E ratio of 24.99, a P/E/G ratio of 5.44 and a beta of 1.06. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the previous year, the company earned $0.45 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, research analysts expect that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.21%. Williams Companies’s payout ratio is currently 80.17%.

Analysts Set New Price Targets

WMB has been the subject of several analyst reports. Truist Financial boosted their target price on shares of Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a research report on Tuesday, December 3rd. Citigroup upped their target price on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Bank of America started coverage on Williams Companies in a research note on Thursday, October 17th. They issued a “buy” rating and a $55.00 price target on the stock. Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. Finally, The Goldman Sachs Group lifted their target price on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $53.00.

Insider Activity

In other news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.44% of the stock is owned by company insiders.

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.