SageView Advisory Group LLC Has $883,000 Stake in The Williams Companies, Inc. (NYSE:WMB)

SageView Advisory Group LLC reduced its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 32.4% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,336 shares of the pipeline company's stock after selling 9,278 shares during the period. SageView Advisory Group LLC's holdings in Williams Companies were worth $883,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brendel Financial Advisors LLC increased its holdings in Williams Companies by 0.8% during the 3rd quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company's stock worth $2,370,000 after purchasing an additional 419 shares during the last quarter. Swiss National Bank grew its position in shares of Williams Companies by 0.3% during the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company's stock worth $165,130,000 after buying an additional 9,800 shares in the last quarter. Valley National Advisers Inc. increased its stake in shares of Williams Companies by 1,855.7% in the third quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company's stock worth $1,918,000 after buying an additional 39,880 shares during the last quarter. Banque Cantonale Vaudoise raised its holdings in Williams Companies by 402.9% in the third quarter. Banque Cantonale Vaudoise now owns 91,983 shares of the pipeline company's stock valued at $4,199,000 after acquiring an additional 73,693 shares in the last quarter. Finally, Edgestream Partners L.P. boosted its stake in Williams Companies by 41.5% during the 3rd quarter. Edgestream Partners L.P. now owns 89,757 shares of the pipeline company's stock valued at $4,097,000 after acquiring an additional 26,337 shares during the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Shares of NYSE:WMB traded down $0.32 during trading hours on Friday, hitting $56.84. The stock had a trading volume of 8,371,382 shares, compared to its average volume of 6,319,935. The stock's fifty day simple moving average is $53.53 and its 200 day simple moving average is $46.74. The firm has a market capitalization of $69.28 billion, a price-to-earnings ratio of 23.99, a PEG ratio of 5.78 and a beta of 1.05. 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 Williams Companies, Inc. has a 1-year low of $32.65 and a 1-year high of $60.36.

Williams Companies (NYSE:WMB - Get Free Report) last posted 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. The firm had revenue of $2.65 billion for the quarter, compared to analysts' expectations of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $0.45 EPS. Sell-side analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend is Friday, December 13th. Williams Companies's dividend payout ratio (DPR) is presently 80.17%.

Insider Transactions at Williams Companies

In other 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 transaction of $90,580.00. Following the sale, the senior vice president now directly owns 304,200 shares of the company's stock, valued at $13,777,218. The trade was a 0.65 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Mary A. Hausman sold 7,951 shares of the stock in a transaction on Friday, November 8th. The shares were 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 of the company's stock, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.44% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on WMB shares. Truist Financial boosted their target price on shares of Williams Companies from $52.00 to $56.00 and gave the stock a "hold" rating in a research report on Tuesday. CIBC upped their price objective on Williams Companies from $45.00 to $54.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. The Goldman Sachs Group increased their target price on Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a report on Tuesday, November 26th. UBS Group upped their price target on Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Finally, Mizuho raised their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, Williams Companies has a consensus rating of "Hold" and a consensus target price of $52.07.

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.