Quantinno Capital Management LP Grows Stake in The Williams Companies, Inc. (NYSE:WMB)

Quantinno Capital Management LP grew its holdings in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 20.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,077 shares of the pipeline company's stock after buying an additional 17,875 shares during the quarter. Quantinno Capital Management LP's holdings in Williams Companies were worth $4,797,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of WMB. Tortoise Capital Advisors L.L.C. boosted its position in shares of Williams Companies by 1.2% during the 2nd 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 in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Williams Companies by 3.3% in the second quarter. Dimensional Fund Advisors LP now owns 9,648,918 shares of the pipeline company's stock valued at $410,064,000 after purchasing an additional 311,530 shares during the period. Bahl & Gaynor Inc. boosted 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 buying an additional 618,056 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in Williams Companies by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,239,210 shares of the pipeline company's stock worth $330,470,000 after buying an additional 67,016 shares during the period. Finally, American Century Companies Inc. increased its holdings in Williams Companies by 20.1% in the second quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company's stock valued at $259,985,000 after buying an additional 1,024,158 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Trading Down 0.5 %

WMB traded down $0.31 during trading on Friday, hitting $56.85. The company's stock had a trading volume of 8,371,690 shares, compared to its average volume of 6,645,309. The Williams Companies, Inc. has a twelve month low of $32.65 and a twelve month high of $60.36. The stock has a market cap of $69.30 billion, a PE ratio of 23.99, a PEG ratio of 5.84 and a beta of 1.05. The firm's 50 day moving average price is $53.76 and its 200-day moving average price is $46.88. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51.

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

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a $0.475 dividend. The ex-dividend date is Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.34%. Williams Companies's dividend payout ratio is presently 80.17%.

Insider Activity at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the business's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the transaction, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This trade represents a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.44% of the stock is owned by insiders.

Wall Street Analyst Weigh In

WMB has been the topic of several research analyst reports. CIBC boosted their price target on Williams Companies from $45.00 to $54.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 22nd. Truist Financial boosted their target price on Williams Companies from $52.00 to $56.00 and gave the stock a "hold" rating in a research report on Tuesday, December 3rd. The Goldman Sachs Group raised their price target on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research report on Tuesday, November 26th. Royal Bank of Canada boosted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 16th. Finally, Citigroup increased their price objective on shares of Williams Companies from $45.00 to $52.00 and gave the company a "buy" rating in a research note on Thursday, October 3rd. One equities 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, Williams Companies presently has an average rating of "Hold" and an average price target of $52.07.

About Williams Companies

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.