Silver Oak Securities Incorporated Has $232,000 Stock Holdings in Williams Companies, Inc. (The) $WMB

Silver Oak Securities Incorporated lifted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 66.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,694 shares of the pipeline company’s stock after acquiring an additional 1,478 shares during the period. Silver Oak Securities Incorporated’s holdings in Williams Companies were worth $232,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. increased its stake in Williams Companies by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company’s stock worth $7,838,312,000 after purchasing an additional 807,019 shares in the last quarter. Wellington Management Group LLP increased its stake in Williams Companies by 6.0% during the 1st quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company’s stock worth $1,770,336,000 after purchasing an additional 1,680,477 shares in the last quarter. Deutsche Bank AG increased its stake in Williams Companies by 5.6% during the 1st quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company’s stock worth $1,047,025,000 after purchasing an additional 932,998 shares in the last quarter. Northern Trust Corp increased its stake in Williams Companies by 0.4% during the 1st quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company’s stock worth $913,840,000 after purchasing an additional 54,902 shares in the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Williams Companies by 45.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company’s stock worth $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 Trading Up 2.0%

Shares of Williams Companies stock opened at $61.35 on Wednesday. The business has a fifty day simple moving average of $58.25 and a two-hundred day simple moving average of $58.58. Williams Companies, Inc. has a 1 year low of $44.56 and a 1 year high of $63.45. The company has a market capitalization of $74.80 billion, a price-to-earnings ratio of 30.83, a P/E/G ratio of 2.01 and a beta of 0.65. 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 (NYSE:WMB) last posted its earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share 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 firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same period in the prior year, the business posted $0.43 EPS. The firm’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. Research analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Stockholders of record on Friday, September 12th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, September 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 currently 100.50%.

Insiders Place Their Bets

In other news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction on Monday, August 11th. The stock was sold at an average price of $58.47, for a total transaction of $263,115.00. Following the completion of the sale, the chief operating officer owned 77,612 shares of the company’s stock, valued at approximately $4,537,973.64. This trade represents a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 sale, the senior vice president directly owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This represents a 0.64% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,500 shares of company stock valued at $623,115 in the last three months. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on WMB shares. Royal Bank Of Canada reissued an “outperform” rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. Cibc World Mkts raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 15th. Barclays upped their price target on Williams Companies from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 14th. Scotiabank upped their price target on Williams Companies from $59.00 to $60.00 and gave the stock a “sector perform” rating in a research report on Tuesday, July 15th. Finally, Wolfe Research raised Williams Companies from an “underperform” rating to a “peer perform” rating in a research report on Friday, June 13th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $63.07.

Williams Companies 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.