The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its holdings in The Williams Companies, Inc. (NYSE:WMBFree Report) by 5.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,627,072 shares of the pipeline company’s stock after selling 84,966 shares during the quarter. Epoch Investment Partners Inc. owned 0.13% of Williams Companies worth $56,671,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the business. Patten Group Inc. increased its position in Williams Companies by 1.3% in the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock valued at $832,000 after acquiring an additional 296 shares during the period. Insigneo Advisory Services LLC increased its position in shares of Williams Companies by 2.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock valued at $353,000 after purchasing an additional 298 shares during the period. Graypoint LLC increased its position in shares of Williams Companies by 2.6% during the 4th quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock valued at $427,000 after purchasing an additional 307 shares during the period. Valley National Advisers Inc. increased its position in shares of Williams Companies by 20.8% during the 3rd quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company’s stock valued at $61,000 after purchasing an additional 310 shares during the period. Finally, Integrated Advisors Network LLC increased its position in shares of Williams Companies by 3.9% during the 3rd quarter. Integrated Advisors Network LLC now owns 8,553 shares of the pipeline company’s stock valued at $288,000 after purchasing an additional 324 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. CIBC lifted their price target on Williams Companies from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Wednesday, May 8th. UBS Group lifted their price target on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Truist Financial raised their price objective on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Wolfe Research reissued an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a research note on Thursday, April 18th. Finally, Barclays raised their price objective on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $40.45.

Read Our Latest Research Report on WMB

Insider Activity at Williams Companies

In related news, SVP Debbie L. Pickle sold 38,200 shares of Williams Companies stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $39.61, for a total transaction of $1,513,102.00. Following the completion of the sale, the senior vice president now owns 60,410 shares of the company’s stock, valued at $2,392,840.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 0.6 %

Shares of Williams Companies stock traded down $0.24 during midday trading on Friday, hitting $40.70. The company’s stock had a trading volume of 6,157,215 shares, compared to its average volume of 5,503,443. The firm has a market capitalization of $49.60 billion, a P/E ratio of 17.11, a PEG ratio of 6.52 and a beta of 1.05. The stock has a 50-day simple moving average of $39.59 and a 200-day simple moving average of $36.95. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 1.62. The Williams Companies, Inc. has a 1-year low of $30.10 and a 1-year high of $41.89.

Williams Companies (NYSE:WMBGet Free Report) last issued its earnings results on Monday, May 6th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.49 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to analysts’ expectations of $2.69 billion. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. Williams Companies’s revenue was down 10.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.56 earnings per share. As a group, sell-side analysts expect that The Williams Companies, Inc. will post 1.85 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be given a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a yield of 4.67%. Williams Companies’s payout ratio is 79.83%.

Williams Companies Company 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 natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.

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

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