The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors reduced its holdings in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 9.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 143,602 shares of the pipeline company's stock after selling 14,543 shares during the quarter. Captrust Financial Advisors' holdings in Williams Companies were worth $6,555,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its holdings in Williams Companies by 2.6% in the 3rd quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company's stock valued at $357,000 after acquiring an additional 197 shares during the last quarter. Dearborn Partners LLC raised its stake in shares of Williams Companies by 1.1% in the third quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company's stock valued at $827,000 after purchasing an additional 201 shares in the last quarter. L & S Advisors Inc increased its stake in shares of Williams Companies by 0.3% in the third quarter. L & S Advisors Inc now owns 78,548 shares of the pipeline company's stock valued at $3,586,000 after buying an additional 232 shares in the last quarter. CVA Family Office LLC boosted its holdings in Williams Companies by 18.7% in the third quarter. CVA Family Office LLC now owns 1,578 shares of the pipeline company's stock valued at $72,000 after acquiring an additional 249 shares during the last quarter. Finally, Rosenberg Matthew Hamilton boosted its holdings in Williams Companies by 50.4% during the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company's stock worth $34,000 after buying an additional 252 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the sale, the senior vice president now directly owns 304,200 shares in the company, valued at $13,777,218. The trade was a 0.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Mary A. Hausman sold 7,951 shares of the company's stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

Analysts Set New Price Targets

WMB has been the subject of a number of research analyst reports. Truist Financial boosted their price target on Williams Companies from $52.00 to $56.00 and gave the stock a "hold" rating in a report on Tuesday. The Goldman Sachs Group raised their price target on Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 26th. Mizuho lifted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an "outperform" rating in a research note on Monday, November 4th. Morgan Stanley raised shares of Williams Companies from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $52.00 to $58.00 in a research note on Friday, October 4th. Finally, Bank of America assumed coverage on shares of Williams Companies in a research report on Thursday, October 17th. They issued a "buy" rating and a $55.00 price target for the company. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $52.07.

Williams Companies Stock Performance

WMB stock traded up $0.13 during midday trading on Tuesday, hitting $56.58. The stock had a trading volume of 6,948,147 shares, compared to its average volume of 6,300,237. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $60.36. The firm has a market capitalization of $68.97 billion, a price-to-earnings ratio of 23.87, a P/E/G ratio of 5.79 and a beta of 1.05. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The stock has a 50-day simple moving average of $53.06 and a 200 day simple moving average of $46.60.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. Williams Companies's revenue for the quarter was up 3.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.45 EPS. As a group, equities research analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date of this dividend is Friday, December 13th. Williams Companies's dividend payout ratio (DPR) is 80.17%.

Williams Companies Company 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.