Williams Companies, Inc. (The) $WMB Position Boosted by SOA Wealth Advisors LLC.

Key Points

• SOA Wealth Advisors LLC increased its stake in Williams Companies by 257.1% during Q2, owning 65,408 shares worth $4.1 million as per the latest SEC filing.
• Various analysts have set new price targets for Williams Companies, with UBS raising theirs to $78.00 and BMO Capital Markets giving a target of $66.00.
• Williams Companies reported a miss on earnings with $0.46 EPS for Q2, falling short of the expected $0.49, alongside a quarterly revenue of $2.78 billion.

SOA Wealth Advisors LLC. lifted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 257.1% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 65,408 shares of the pipeline company's stock after purchasing an additional 47,090 shares during the period. SOA Wealth Advisors LLC.'s holdings in Williams Companies were worth $4,108,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC raised its stake in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock worth $740,000 after acquiring an additional 3,969 shares during the period. NBC Securities Inc. increased its stake in shares of Williams Companies by 99,938.5% in the first quarter. NBC Securities Inc. now owns 13,005 shares of the pipeline company's stock valued at $777,000 after purchasing an additional 12,992 shares during the period. Merit Financial Group LLC increased its stake in shares of Williams Companies by 4.0% in the first quarter. Merit Financial Group LLC now owns 86,969 shares of the pipeline company's stock valued at $5,197,000 after purchasing an additional 3,360 shares during the period. ST Germain D J Co. Inc. increased its stake in shares of Williams Companies by 48.8% in the first quarter. ST Germain D J Co. Inc. now owns 787 shares of the pipeline company's stock valued at $47,000 after purchasing an additional 258 shares during the period. Finally, Fulton Bank N.A. increased its stake in shares of Williams Companies by 6.9% in the first quarter. Fulton Bank N.A. now owns 21,770 shares of the pipeline company's stock valued at $1,301,000 after purchasing an additional 1,405 shares during the period. Institutional investors own 86.44% of the company's stock.

Analysts Set New Price Targets

WMB has been the topic of several analyst reports. Scotiabank raised their price target on shares of Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 15th. Barclays raised their price target on shares of Williams Companies from $59.00 to $65.00 and gave the company an "equal weight" rating in a research note on Tuesday. UBS Group raised their price objective on shares of Williams Companies from $74.00 to $78.00 and gave the company a "buy" rating in a research note on Tuesday. BMO Capital Markets began coverage on shares of Williams Companies in a research note on Friday, September 19th. They set an "outperform" rating and a $66.00 price objective on the stock. Finally, Argus reiterated a "buy" rating and set a $66.00 price objective on shares of Williams Companies in a research note on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $64.00.

Williams Companies Trading Down 0.9%

Shares of NYSE:WMB opened at $63.38 on Wednesday. The firm has a fifty day moving average of $58.78 and a two-hundred day moving average of $58.85. The firm has a market capitalization of $77.28 billion, a P/E ratio of 31.85, a price-to-earnings-growth ratio of 2.13 and a beta of 0.65. Williams Companies, Inc. has a 12-month low of $45.24 and a 12-month high of $64.48. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73.

Williams Companies (NYSE:WMB - Get Free Report) 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 analyst estimates of $2.90 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The company's quarterly revenue was up 19.0% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Shareholders of record on Friday, September 12th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. Williams Companies's dividend payout ratio (DPR) is 100.50%.

Insiders Place Their Bets

In other Williams Companies news, COO Larry C. Larsen sold 4,500 shares of Williams Companies stock in a transaction on Monday, August 11th. The shares were 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 $4,537,973.64. This trade represents a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the transaction, the senior vice president owned 311,645 shares in the company, 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 a total of 8,500 shares of company stock valued at $497,715 in the last three months. Company insiders own 0.44% of the company's stock.

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.

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