CreativeOne Wealth LLC Has $1.14 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

CreativeOne Wealth LLC raised its holdings in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 103.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,915 shares of the pipeline company's stock after purchasing an additional 12,647 shares during the period. CreativeOne Wealth LLC's holdings in Williams Companies were worth $1,137,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Tortoise Capital Advisors L.L.C. raised its holdings in Williams Companies by 1.2% in the second quarter. Tortoise Capital Advisors L.L.C. now owns 12,670,175 shares of the pipeline company's stock worth $538,482,000 after purchasing an additional 144,713 shares during the period. Dimensional Fund Advisors LP raised its stake in Williams Companies by 3.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 9,648,918 shares of the pipeline company's stock worth $410,064,000 after buying an additional 311,530 shares during the period. Bahl & Gaynor Inc. lifted its holdings in Williams Companies by 8.8% during the second quarter. Bahl & Gaynor Inc. now owns 7,664,152 shares of the pipeline company's stock worth $325,726,000 after acquiring an additional 618,056 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Williams Companies by 0.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 7,239,210 shares of the pipeline company's stock valued at $330,470,000 after acquiring an additional 67,016 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Williams Companies by 20.1% during the second quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company's stock worth $259,985,000 after purchasing an additional 1,024,158 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Performance

WMB traded up $0.38 during trading hours on Friday, reaching $58.52. The company's stock had a trading volume of 3,638,531 shares, compared to its average volume of 6,555,747. The company's 50-day moving average is $52.65 and its 200-day moving average is $46.30. 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 cap of $71.34 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 5.96 and a beta of 1.03. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57.

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

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Friday, December 13th. Williams Companies's dividend payout ratio is presently 80.17%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on WMB. Truist Financial boosted their price objective on Williams Companies from $42.00 to $52.00 and gave the company a "hold" rating in a research report on Tuesday, November 5th. Morgan Stanley raised shares of Williams Companies from an "equal weight" rating to an "overweight" rating and increased their price objective for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. Scotiabank upped their target price on shares of Williams Companies from $43.00 to $48.00 and gave the stock a "sector perform" rating in a research note on Thursday, August 8th. Citigroup lifted their price target on Williams Companies from $45.00 to $52.00 and gave the company a "buy" rating in a research note on Thursday, October 3rd. Finally, UBS Group upped their price objective on Williams Companies from $55.00 to $70.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $51.79.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total transaction of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares in the company, valued at approximately $13,777,218. This represents a 0.65 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Mary A. Hausman sold 7,951 shares of the firm's stock in a transaction 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 transaction, 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 owned by company insiders.

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.