Advisor Partners LLC boosted its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,442 shares of the pipeline company’s stock after buying an additional 1,553 shares during the period. Advisor Partners LLC’s holdings in Williams Companies, Inc. (The) were worth $740,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Viking Fund Management LLC increased its position in shares of Williams Companies, Inc. (The) by 34.3% in the first quarter. Viking Fund Management LLC now owns 671,600 shares of the pipeline company’s stock valued at $19,872,000 after buying an additional 171,600 shares during the period. BLB&B Advisors LLC increased its position in shares of Williams Companies, Inc. (The) by 45.9% in the first quarter. BLB&B Advisors LLC now owns 40,529 shares of the pipeline company’s stock valued at $1,199,000 after buying an additional 12,744 shares during the period. Atria Investments LLC increased its position in shares of Williams Companies, Inc. (The) by 44.9% in the first quarter. Atria Investments LLC now owns 82,125 shares of the pipeline company’s stock valued at $2,430,000 after buying an additional 25,432 shares during the period. Visionary Asset Management Inc. increased its position in shares of Williams Companies, Inc. (The) by 4.0% in the first quarter. Visionary Asset Management Inc. now owns 116,414 shares of the pipeline company’s stock valued at $3,445,000 after buying an additional 4,526 shares during the period. Finally, Honkamp Krueger Financial Services Inc. increased its position in shares of Williams Companies, Inc. (The) by 4.6% in the first quarter. Honkamp Krueger Financial Services Inc. now owns 14,215 shares of the pipeline company’s stock valued at $421,000 after buying an additional 619 shares during the period. 84.31% of the stock is owned by institutional investors.

Shares of Williams Companies, Inc. (NYSE WMB) opened at 30.98 on Monday. The company’s 50 day moving average is $30.32 and its 200-day moving average is $29.57. The company has a market capitalization of $25.60 billion, a PE ratio of 2065.33 and a beta of 1.38. Williams Companies, Inc. has a 52 week low of $24.62 and a 52 week high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.19 by $0.06. The business had revenue of $1.92 billion for the quarter, compared to the consensus estimate of $2.26 billion. Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. During the same quarter in the previous year, the company posted $0.19 EPS. On average, analysts expect that Williams Companies, Inc. will post $1.05 EPS for the current fiscal year.

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Several equities analysts have recently issued reports on the stock. BidaskClub raised shares of Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Scotiabank set a $30.00 price target on shares of Williams Companies, Inc. (The) and gave the company a “hold” rating in a report on Saturday, July 22nd. Barclays PLC raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $33.00 to $36.00 in a report on Tuesday, July 18th. Finally, Royal Bank Of Canada boosted their price target on shares of Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a report on Friday. Four equities research analysts have rated the stock with a hold rating, ten have given a buy rating and two have issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $34.00.

In other news, insider Robyn L. Ewing sold 81,561 shares of the stock in a transaction on Monday, May 15th. The stock was sold at an average price of $31.14, for a total transaction of $2,539,809.54. Following the sale, the insider now owns 47,003 shares in the company, valued at $1,463,673.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Charles I. Cogut bought 1,000 shares of the firm’s stock in a transaction dated Wednesday, May 10th. The shares were acquired at an average price of $30.63 per share, for a total transaction of $30,630.00. Following the acquisition, the director now directly owns 1,000 shares of the company’s stock, valued at approximately $30,630. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 38,750 shares of company stock worth $1,107,110 and have sold 92,561 shares worth $2,876,240. 0.50% of the stock is currently owned by corporate insiders.

Williams Companies, Inc. (The) Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

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Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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