The Williams Companies, Inc. (NYSE:WMB) Shares Purchased by Atria Investments Inc

Atria Investments Inc grew its stake in shares of The Williams Companies, Inc. (NYSE:WMBFree Report) by 4.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 180,357 shares of the pipeline company’s stock after purchasing an additional 8,226 shares during the quarter. Atria Investments Inc’s holdings in Williams Companies were worth $6,076,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of WMB. Moneta Group Investment Advisors LLC lifted its position in Williams Companies by 96,588.4% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company’s stock valued at $2,086,641,000 after acquiring an additional 63,358,143 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Williams Companies by 2.6% in the 2nd quarter. Geode Capital Management LLC now owns 27,149,522 shares of the pipeline company’s stock valued at $883,679,000 after purchasing an additional 686,381 shares during the period. Clearbridge Investments LLC boosted its position in shares of Williams Companies by 6.6% in the 2nd quarter. Clearbridge Investments LLC now owns 23,515,457 shares of the pipeline company’s stock valued at $767,309,000 after purchasing an additional 1,451,317 shares during the period. Morgan Stanley increased its position in Williams Companies by 0.7% during the fourth quarter. Morgan Stanley now owns 19,750,630 shares of the pipeline company’s stock worth $649,796,000 after buying an additional 136,216 shares during the period. Finally, Royal Bank of Canada boosted its holdings in shares of Williams Companies by 85.8% in the first quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock valued at $546,327,000 after acquiring an additional 7,551,749 shares during the period. Hedge funds and other institutional investors own 85.76% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on WMB shares. The Goldman Sachs Group started coverage on shares of Williams Companies in a research report on Thursday, October 5th. They set a “neutral” rating and a $35.00 price objective on the stock. StockNews.com started coverage on Williams Companies in a research note on Thursday, October 5th. They set a “hold” rating for the company. Barclays lifted their price target on Williams Companies from $35.00 to $37.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 18th. Finally, Mizuho raised their target price on Williams Companies from $41.00 to $43.00 and gave the company a “buy” rating in a report on Thursday, December 7th. Ten investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $36.50.

Read Our Latest Report on WMB

Williams Companies Stock Up 1.1 %

Shares of NYSE:WMB opened at $35.20 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 0.77 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $42.82 billion, a P/E ratio of 15.78, a P/E/G ratio of 5.19 and a beta of 1.10. The Williams Companies, Inc. has a 52-week low of $27.80 and a 52-week high of $37.45. The stock’s fifty day simple moving average is $35.22 and its 200-day simple moving average is $34.75.

Williams Companies (NYSE:WMBGet Free Report) last issued its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.45 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.05. The business had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $2.63 billion. Williams Companies had a net margin of 24.52% and a return on equity of 16.90%. The company’s quarterly revenue was down 15.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.48 earnings per share. As a group, equities research analysts forecast that The Williams Companies, Inc. will post 2.13 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 25th. Shareholders of record on Friday, March 8th will be paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 5.40%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.45. Williams Companies’s dividend payout ratio is currently 80.27%.

About Williams Companies

(Free Report)

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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.

Featured Stories

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

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.