Williams Companies, Inc. (The) $WMB Shares Bought by Savvy Advisors Inc.

Savvy Advisors Inc. raised its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 142.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,272 shares of the pipeline company’s stock after acquiring an additional 7,200 shares during the quarter. Savvy Advisors Inc.’s holdings in Williams Companies were worth $771,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Flaharty Asset Management LLC acquired a new position in Williams Companies in the first quarter valued at approximately $25,000. Private Wealth Management Group LLC increased its position in shares of Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after buying an additional 240 shares in the last quarter. Saudi Central Bank purchased a new stake in shares of Williams Companies in the first quarter valued at approximately $29,000. Iron Horse Wealth Management LLC increased its position in shares of Williams Companies by 4,490.9% in the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after buying an additional 494 shares in the last quarter. Finally, Hughes Financial Services LLC purchased a new stake in shares of Williams Companies in the first quarter valued at approximately $32,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Up 0.6%

Shares of WMB opened at $57.97 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.48 and a current ratio of 0.54. Williams Companies, Inc. has a one year low of $51.48 and a one year high of $65.55. The stock has a market capitalization of $70.69 billion, a price-to-earnings ratio of 29.13, a PEG ratio of 1.91 and a beta of 0.65. The stock has a 50 day moving average price of $60.31 and a 200 day moving average price of $59.40.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 EPS for the quarter, missing the consensus estimate 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 analysts’ expectations of $2.90 billion. During the same quarter in the previous year, the firm posted $0.43 earnings per share. The firm’s revenue for the quarter 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. Equities research analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.4%. The ex-dividend date is Friday, December 12th. Williams Companies’s dividend payout ratio is presently 100.50%.

Analysts Set New Price Targets

A number of research firms have recently commented on WMB. Barclays boosted their price objective on Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Mizuho upgraded Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. BMO Capital Markets began coverage on Williams Companies in a research report on Friday, September 19th. They issued an “outperform” rating and a $66.00 price objective for the company. Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $63.00 price target on shares of Williams Companies in a research report on Tuesday, July 15th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.73.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of the company’s 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 sale, the chief operating officer directly owned 77,612 shares in the company, valued at $4,537,973.64. This represents a 5.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Thursday, September 4th. The shares were 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 owned 311,645 shares of the company’s stock, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.44% of the stock is owned by corporate insiders.

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.