Northeast Investment Management Has $827,000 Stake in The Williams Companies, Inc. (NYSE:WMB)

Northeast Investment Management grew its position in shares of The Williams Companies, Inc. (NYSE:WMBFree Report) by 13.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,557 shares of the pipeline company’s stock after buying an additional 2,871 shares during the quarter. Northeast Investment Management’s holdings in Williams Companies were worth $827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the business. Cahill Financial Advisors Inc. boosted its position in shares of Williams Companies by 15.7% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 24,488 shares of the pipeline company’s stock worth $799,000 after purchasing an additional 3,318 shares during the last quarter. Epoch Investment Partners Inc. increased its stake in shares of Williams Companies by 1,313.1% in the 2nd quarter. Epoch Investment Partners Inc. now owns 436,166 shares of the pipeline company’s stock valued at $14,232,000 after acquiring an additional 405,301 shares during the last quarter. Autumn Glory Partners LLC raised its position in shares of Williams Companies by 28.1% in the 3rd quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock valued at $3,625,000 after acquiring an additional 23,579 shares during the period. Bahl & Gaynor Inc. increased its stake in Williams Companies by 45.3% in the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after purchasing an additional 2,040,993 shares in the last quarter. Finally, Courier Capital LLC acquired a new stake in Williams Companies in the second quarter worth $1,883,000. 85.76% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WMB. Mizuho lifted their target price on Williams Companies from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Barclays increased their price objective on shares of Williams Companies from $35.00 to $37.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 18th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $36.50.

Get Our Latest Analysis on WMB

Williams Companies Stock Down 0.7 %

Shares of WMB opened at $34.56 on Monday. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.72 and a current ratio of 0.77. The stock has a fifty day moving average of $35.13 and a 200-day moving average of $34.79. The Williams Companies, Inc. has a 52 week low of $27.80 and a 52 week high of $37.45. The stock has a market capitalization of $42.04 billion, a price-to-earnings ratio of 15.61, a PEG ratio of 5.23 and a beta of 1.04.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 25th. Stockholders of record on Friday, March 8th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 5.50%. The ex-dividend date is Thursday, March 7th. This is an increase from Williams Companies’s previous quarterly dividend of $0.45. Williams Companies’s payout ratio is presently 80.27%.

Williams Companies Profile

(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.

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

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