CNA Financial Corp held its position in Williams Companies, Inc. (The) (NYSE:WMB) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,070 shares of the pipeline company’s stock at the close of the 2nd quarter. CNA Financial Corp’s holdings in Williams Companies, Inc. (The) were worth $517,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Williams Companies, Inc. (The) by 21.7% in the first quarter. Vanguard Group Inc. now owns 61,390,821 shares of the pipeline company’s stock valued at $1,816,554,000 after buying an additional 10,933,027 shares during the last quarter. BlackRock Inc. raised its stake in Williams Companies, Inc. (The) by 2,942.5% in the first quarter. BlackRock Inc. now owns 59,022,046 shares of the pipeline company’s stock valued at $1,746,463,000 after buying an additional 57,082,116 shares during the last quarter. State Street Corp raised its stake in Williams Companies, Inc. (The) by 9.2% in the first quarter. State Street Corp now owns 42,289,708 shares of the pipeline company’s stock valued at $1,251,350,000 after buying an additional 3,565,627 shares during the last quarter. JPMorgan Chase & Co. raised its stake in Williams Companies, Inc. (The) by 19.5% in the second quarter. JPMorgan Chase & Co. now owns 12,100,909 shares of the pipeline company’s stock valued at $366,414,000 after buying an additional 1,975,398 shares during the last quarter. Finally, Chickasaw Capital Management LLC raised its stake in Williams Companies, Inc. (The) by 0.4% in the second quarter. Chickasaw Capital Management LLC now owns 9,303,863 shares of the pipeline company’s stock valued at $281,721,000 after buying an additional 38,868 shares during the last quarter. Institutional investors own 84.65% of the company’s stock.

Shares of Williams Companies, Inc. (WMB) traded up 0.76% on Wednesday, hitting $30.44. The stock had a trading volume of 120,593 shares. The company has a market cap of $25.16 billion, a price-to-earnings ratio of 48.01 and a beta of 1.39. Williams Companies, Inc. has a 12-month low of $27.35 and a 12-month high of $32.69. The stock has a 50 day moving average price of $30.29 and a 200-day moving average price of $29.84.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The firm had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same period in the previous year, the firm posted $0.19 earnings per share. On average, equities analysts expect that Williams Companies, Inc. will post $0.85 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Friday, September 8th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 3.97%. The ex-dividend date is Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is currently 196.72%.

In other news, Director Stephen I. Chazen bought 5,000 shares of Williams Companies, Inc. (The) stock in a transaction dated Monday, August 21st. The stock was acquired at an average cost of $28.93 per share, with a total value of $144,650.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at $289,300. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total value of $61,320.00. Following the completion of the sale, the vice president now directly owns 11,094 shares of the company’s stock, valued at $340,142.04. The disclosure for this sale can be found here. Insiders bought a total of 37,750 shares of company stock valued at $1,072,780 over the last three months. Company insiders own 0.50% of the company’s stock.

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WMB has been the subject of a number of research analyst reports. BidaskClub upgraded Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Scotiabank set a $30.00 price target on Williams Companies, Inc. (The) and gave the company a “hold” rating in a research note on Saturday, July 22nd. Zacks Investment Research cut Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. BMO Capital Markets set a $32.00 price target on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, June 15th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $34.00 price target on shares of Williams Companies, Inc. (The) in a research note on Tuesday, June 6th. Five research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $34.00.

Williams Companies, Inc. (The) 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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