The Williams Companies, Inc. (NYSE:WMB) Stock Position Increased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. increased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,239,210 shares of the pipeline company’s stock after acquiring an additional 67,016 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Williams Companies were worth $330,470,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Dearborn Partners LLC lifted its stake in Williams Companies by 1.1% during the third quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock valued at $827,000 after purchasing an additional 201 shares during the last quarter. L & S Advisors Inc lifted its position in shares of Williams Companies by 0.3% during the 3rd quarter. L & S Advisors Inc now owns 78,548 shares of the pipeline company’s stock valued at $3,586,000 after acquiring an additional 232 shares during the last quarter. CVA Family Office LLC boosted its stake in shares of Williams Companies by 18.7% during the 3rd quarter. CVA Family Office LLC now owns 1,578 shares of the pipeline company’s stock worth $72,000 after acquiring an additional 249 shares in the last quarter. Rosenberg Matthew Hamilton grew its holdings in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 252 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of Williams Companies by 2.8% during the second quarter. J.W. Cole Advisors Inc. now owns 9,298 shares of the pipeline company’s stock valued at $395,000 after purchasing an additional 257 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 0.2 %

Shares of NYSE WMB opened at $59.65 on Friday. The stock has a market cap of $72.71 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 6.15 and a beta of 1.03. The business has a 50 day simple moving average of $51.35 and a 200 day simple moving average of $45.64. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $60.36.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same period in the previous year, the firm posted $0.45 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, research analysts predict that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.19%. Williams Companies’s dividend payout ratio (DPR) is currently 80.17%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. CIBC lifted their price target on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada boosted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Mizuho upped their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Scotiabank lifted their price objective on shares of Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 8th. Finally, Citigroup increased their target price on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $51.54.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares in the company, valued at approximately $13,777,218. The trade was a 0.65 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

Williams Companies Profile

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.