Boston Advisors LLC decreased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 222,236 shares of the pipeline company’s stock after selling 332 shares during the period. Boston Advisors LLC’s holdings in Williams Companies, Inc. (The) were worth $6,729,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sheaff Brock Investment Advisors LLC raised its position in Williams Companies, Inc. (The) by 0.5% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 8,448 shares of the pipeline company’s stock valued at $250,000 after buying an additional 41 shares during the period. Catawba Capital Management VA increased its stake in Williams Companies, Inc. (The) by 0.6% in the second quarter. Catawba Capital Management VA now owns 7,035 shares of the pipeline company’s stock valued at $213,000 after buying an additional 45 shares in the last quarter. Johnson Financial Group LLC increased its stake in Williams Companies, Inc. (The) by 0.6% in the second quarter. Johnson Financial Group LLC now owns 7,068 shares of the pipeline company’s stock valued at $214,000 after buying an additional 45 shares in the last quarter. Focused Wealth Management Inc increased its stake in Williams Companies, Inc. (The) by 1.8% in the first quarter. Focused Wealth Management Inc now owns 5,700 shares of the pipeline company’s stock valued at $169,000 after buying an additional 100 shares in the last quarter. Finally, Financial Architects Inc increased its stake in Williams Companies, Inc. (The) by 1.6% in the second quarter. Financial Architects Inc now owns 6,754 shares of the pipeline company’s stock valued at $204,000 after buying an additional 109 shares in the last quarter. Hedge funds and other institutional investors own 83.33% of the company’s stock.
Shares of Williams Companies, Inc. (WMB) opened at 29.08 on Friday. The stock has a market capitalization of $24.04 billion, a P/E ratio of 45.87 and a beta of 1.38. Williams Companies, Inc. has a 12-month low of $26.89 and a 12-month high of $32.69. The stock has a 50 day moving average of $30.86 and a 200 day moving average of $29.71.
Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by $0.06. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the business earned $0.19 earnings per share. Equities research analysts anticipate that Williams Companies, Inc. will post $1.01 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be given a $0.30 dividend. The ex-dividend date is Thursday, September 7th. This represents a $1.20 dividend on an annualized basis and a yield of 4.13%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is 196.72%.
Several analysts have weighed in on WMB shares. Scotiabank reissued a “hold” rating and set a $30.00 target price on shares of Williams Companies, Inc. (The) in a research report on Thursday, April 27th. BMO Capital Markets reissued a “buy” rating and set a $32.00 target price on shares of Williams Companies, Inc. (The) in a research report on Wednesday, May 3rd. Wells Fargo & Company raised shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research report on Monday, May 8th. Sanford C. Bernstein started coverage on shares of Williams Companies, Inc. (The) in a research report on Tuesday, May 16th. They set an “outperform” rating on the stock. Finally, Barclays PLC reissued a “hold” rating and set a $33.00 target price on shares of Williams Companies, Inc. (The) in a research report on Tuesday, May 16th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $34.00.
In related news, VP Ted T. Timmermans sold 2,000 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total value of $61,320.00. Following the transaction, the vice president now directly owns 11,094 shares in the company, valued at approximately $340,142.04. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Robyn L. Ewing sold 10,000 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, May 23rd. The shares were sold at an average price of $30.57, for a total transaction of $305,700.00. Following the completion of the transaction, the insider now owns 42,903 shares in the company, valued at $1,311,544.71. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 37,750 shares of company stock worth $1,076,480. 0.53% of the stock is currently owned by insiders.
Williams Companies, Inc. (The) Company Profile
The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.
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