Williams Companies, Inc. (The) $WMB is Wilkins Investment Counsel Inc.’s 5th Largest Position

Wilkins Investment Counsel Inc. lessened its position in Williams Companies, Inc. (The) (NYSE:WMB) by 2.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 353,705 shares of the pipeline company’s stock after selling 8,034 shares during the period. Williams Companies comprises 3.2% of Wilkins Investment Counsel Inc.’s portfolio, making the stock its 5th largest holding. Wilkins Investment Counsel Inc.’s holdings in Williams Companies were worth $22,407,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC increased its holdings in shares of Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after purchasing an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares in the last quarter. Silver Oak Securities Incorporated boosted its position in shares of Williams Companies by 66.7% during the second quarter. Silver Oak Securities Incorporated now owns 3,694 shares of the pipeline company’s stock valued at $232,000 after buying an additional 1,478 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Williams Companies by 17.9% in the 2nd quarter. Farther Finance Advisors LLC now owns 23,922 shares of the pipeline company’s stock worth $1,503,000 after buying an additional 3,634 shares in the last quarter. Finally, CHICAGO TRUST Co NA raised its position in Williams Companies by 31.8% in the 2nd quarter. CHICAGO TRUST Co NA now owns 7,998 shares of the pipeline company’s stock worth $502,000 after buying an additional 1,929 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 2.7%

Shares of WMB stock opened at $63.14 on Thursday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The company has a market cap of $77.11 billion, a price-to-earnings ratio of 32.55, a PEG ratio of 1.43 and a beta of 0.64. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $65.55. The firm has a fifty day moving average price of $60.29 and a 200-day moving average price of $59.71.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The company had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.87 billion. During the same period in the prior year, the business posted $0.43 earnings per share. Williams Companies’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, December 12th. Williams Companies’s payout ratio is presently 103.09%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on WMB shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a report on Monday, December 29th. Morgan Stanley raised their target price on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, October 2nd. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Barclays raised their price target on Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 14th. Finally, Citigroup upped their price objective on Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $68.29.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 4,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the completion of the sale, the senior vice president directly owned 302,645 shares of the company’s stock, valued at approximately $18,319,101.85. This represents a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.44% of the company’s stock.

Williams Companies 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.