Eaton Vance Management lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 0.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 111,496 shares of the pipeline company’s stock after buying an additional 80 shares during the period. Eaton Vance Management’s holdings in Williams Companies, Inc. (The) were worth $3,376,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Massey Quick & Co. LLC acquired a new stake in shares of Williams Companies, Inc. (The) in the first quarter worth $121,000. Bronfman E.L. Rothschild L.P. boosted its position in shares of Williams Companies, Inc. (The) by 78.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after buying an additional 1,997 shares during the period. Parallel Advisors LLC boosted its position in shares of Williams Companies, Inc. (The) by 124.1% in the first quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock worth $143,000 after buying an additional 2,573 shares during the period. CWM LLC boosted its position in shares of Williams Companies, Inc. (The) by 300.7% in the second quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after buying an additional 3,672 shares during the period. Finally, SeaBridge Investment Advisors LLC boosted its position in shares of Williams Companies, Inc. (The) by 41.6% in the second quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after buying an additional 1,530 shares during the period. 84.65% of the stock is owned by institutional investors and hedge funds.

Shares of Williams Companies, Inc. (WMB) opened at 30.30 on Friday. The firm has a market cap of $25.05 billion, a PE ratio of 47.79 and a beta of 1.39. Williams Companies, Inc. has a 52-week low of $27.35 and a 52-week high of $32.69. The company’s 50-day moving average price is $30.14 and its 200-day moving average price is $29.88.

Williams Companies, Inc. (The) (NYSE:WMB) last released its earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.06). The firm 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 last year, the company posted $0.19 EPS. Equities analysts expect that Williams Companies, Inc. will post $0.85 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Friday, September 8th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date is Thursday, September 7th. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is presently 196.72%.

Several brokerages have recently commented on WMB. BidaskClub raised Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, August 1st. Zacks Investment Research cut Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Scotiabank set a $30.00 target price on Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research report on Saturday, July 22nd. Barclays PLC raised Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $33.00 to $36.00 in a research report on Tuesday, July 18th. Finally, Royal Bank Of Canada raised their target price on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research report on Friday, August 4th. Five investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $34.00.

In other Williams Companies, Inc. (The) news, VP Ted T. Timmermans sold 2,000 shares of the stock in a transaction dated Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total transaction of $61,320.00. Following the completion of the transaction, the vice president now owns 11,094 shares in the company, valued at approximately $340,142.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stephen I. Chazen bought 5,000 shares of the stock in a transaction on Monday, August 21st. The shares were purchased at an average price of $28.93 per share, with a total value of $144,650.00. Following the acquisition, the director now owns 10,000 shares in the company, valued at approximately $289,300. The disclosure for this purchase can be found here. 0.53% of the stock is currently owned by corporate insiders.

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About Williams Companies, Inc. (The)

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.

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

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