Commonwealth Equity Services LLC boosted its stake in shares of Williams Companies Inc (NYSE:WMB) by 22.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 126,849 shares of the pipeline company’s stock after purchasing an additional 23,214 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Williams Companies were worth $3,449,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the business. FTB Advisors Inc. boosted its position in shares of Williams Companies by 350.4% during the 3rd quarter. FTB Advisors Inc. now owns 3,270 shares of the pipeline company’s stock worth $150,000 after acquiring an additional 2,544 shares in the last quarter. Bray Capital Advisors boosted its position in shares of Williams Companies by 100.0% during the 2nd quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock worth $108,000 after acquiring an additional 2,000 shares in the last quarter. Camarda Financial Advisors LLC boosted its position in shares of Williams Companies by 516.7% during the 3rd quarter. Camarda Financial Advisors LLC now owns 4,163 shares of the pipeline company’s stock worth $113,000 after acquiring an additional 3,488 shares in the last quarter. Arrow Financial Corp acquired a new position in shares of Williams Companies during the 2nd quarter worth about $113,000. Finally, Squar Milner Financial Services LLC boosted its position in shares of Williams Companies by 152.6% during the 3rd quarter. Squar Milner Financial Services LLC now owns 4,206 shares of the pipeline company’s stock worth $114,000 after acquiring an additional 2,541 shares in the last quarter. Institutional investors own 74.34% of the company’s stock.

WMB has been the subject of several analyst reports. Bank of America reaffirmed a “buy” rating on shares of Williams Companies in a research report on Tuesday, August 21st. Zacks Investment Research cut Williams Companies from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 27th. Wells Fargo & Co decreased their target price on Williams Companies from $35.00 to $34.00 and set an “outperform” rating for the company in a research report on Thursday, September 13th. ValuEngine cut Williams Companies from a “hold” rating to a “sell” rating in a research report on Tuesday, November 6th. Finally, Stifel Nicolaus began coverage on Williams Companies in a research report on Tuesday, August 7th. They issued a “buy” rating and a $35.00 target price for the company. One analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have assigned a buy rating to the stock. Williams Companies presently has a consensus rating of “Buy” and an average target price of $32.81.

In related news, Director Michael A. Creel acquired 25,000 shares of the firm’s stock in a transaction on Friday, November 2nd. The stock was bought at an average cost of $25.77 per share, with a total value of $644,250.00. Following the transaction, the director now owns 20,907 shares of the company’s stock, valued at $538,773.39. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Terrance Lane Wilson acquired 1,000 shares of the firm’s stock in a transaction on Friday, November 2nd. The shares were bought at an average cost of $25.75 per share, with a total value of $25,750.00. Following the completion of the transaction, the senior vice president now directly owns 17,844 shares in the company, valued at approximately $459,483. The disclosure for this purchase can be found here. Insiders have acquired a total of 38,500 shares of company stock valued at $993,625 over the last ninety days. 0.50% of the stock is owned by insiders.

Williams Companies stock opened at $25.03 on Thursday. Williams Companies Inc has a twelve month low of $23.54 and a twelve month high of $33.67. The company has a quick ratio of 0.66, a current ratio of 0.72 and a debt-to-equity ratio of 1.27. The company has a market cap of $30.66 billion, a price-to-earnings ratio of 39.73, a P/E/G ratio of 5.06 and a beta of 1.57.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, October 31st. The pipeline company reported $0.24 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. Williams Companies had a return on equity of 4.44% and a net margin of 24.15%. The company had revenue of $2.30 billion during the quarter, compared to analysts’ expectations of $2.16 billion. During the same period last year, the firm earned $0.04 EPS. As a group, research analysts forecast that Williams Companies Inc will post 0.77 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 31st. Shareholders of record on Friday, December 14th will be given a dividend of $0.34 per share. The ex-dividend date is Thursday, December 13th. This represents a $1.36 dividend on an annualized basis and a yield of 5.43%. Williams Companies’s payout ratio is 215.87%.

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About Williams Companies

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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