Fmr LLC Boosts Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

FMR LLC lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 10.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,650,492 shares of the pipeline company's stock after buying an additional 243,302 shares during the quarter. FMR LLC owned about 0.22% of Williams Companies worth $120,995,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of WMB. Dearborn Partners LLC increased its stake in Williams Companies by 1.1% during the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company's stock worth $827,000 after acquiring an additional 201 shares during the period. L & S Advisors Inc increased its position 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 worth $3,586,000 after purchasing an additional 232 shares during the period. CVA Family Office LLC raised its stake 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 purchasing an additional 249 shares in the last quarter. Rosenberg Matthew Hamilton grew its stake 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 in the last quarter. Finally, J.W. Cole Advisors Inc. grew its stake in Williams Companies by 2.8% during the second quarter. J.W. Cole Advisors Inc. now owns 9,298 shares of the pipeline company's stock worth $395,000 after buying an additional 257 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

Insider Transactions at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the business'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 transaction, the chief accounting officer now owns 25,858 shares of the company's stock, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction that occurred 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 sale, the senior vice president now owns 304,200 shares of the company's stock, valued at approximately $13,777,218. The trade was a 0.65 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.44% of the company's stock.

Williams Companies Stock Up 1.5 %

Shares of NYSE WMB traded up $0.86 during midday trading on Thursday, hitting $57.16. 7,330,361 shares of the stock traded hands, compared to its average volume of 6,311,205. The Williams Companies, Inc. has a one year low of $32.65 and a one year high of $60.36. The business has a 50 day moving average price of $53.53 and a two-hundred day moving average price of $46.74. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The company has a market cap of $69.68 billion, a PE ratio of 24.12, a P/E/G ratio of 5.81 and a beta of 1.05.

Williams Companies (NYSE:WMB - Get Free Report) last released 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 firm had revenue of $2.65 billion for the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The business's revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.45 earnings per share. On average, equities analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Shareholders 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 yield of 3.32%. The ex-dividend date is Friday, December 13th. Williams Companies's dividend payout ratio is currently 80.17%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. The Goldman Sachs Group increased their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 26th. Barclays boosted their price target on Williams Companies from $42.00 to $46.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 2nd. UBS Group lifted their target price on Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Scotiabank raised their price target on shares of Williams Companies from $43.00 to $48.00 and gave the company a "sector perform" rating in a research note on Thursday, August 8th. Finally, Morgan Stanley raised shares of Williams Companies from an "equal weight" rating to an "overweight" rating and increased their price objective for the company from $52.00 to $58.00 in a research note on Friday, October 4th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $52.07.

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.