Forsta AP Fonden increased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 23.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 776,000 shares of the pipeline company’s stock after purchasing an additional 148,400 shares during the period. Forsta AP Fonden owned approximately 0.09% of Williams Companies, Inc. (The) worth $23,288,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in WMB. Capital International Investors boosted its stake in shares of Williams Companies, Inc. (The) by 1,660.2% in the 2nd quarter. Capital International Investors now owns 7,384,300 shares of the pipeline company’s stock valued at $223,597,000 after purchasing an additional 6,964,791 shares in the last quarter. BlackRock Inc. boosted its stake in shares of Williams Companies, Inc. (The) by 9.9% in the 2nd quarter. BlackRock Inc. now owns 64,872,653 shares of the pipeline company’s stock valued at $1,964,347,000 after purchasing an additional 5,850,607 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of Williams Companies, Inc. (The) by 4,652.7% in the 2nd quarter. Janus Henderson Group PLC now owns 4,822,264 shares of the pipeline company’s stock valued at $146,019,000 after purchasing an additional 4,720,801 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of Williams Companies, Inc. (The) by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 64,062,726 shares of the pipeline company’s stock valued at $1,939,819,000 after purchasing an additional 2,671,905 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Williams Companies, Inc. (The) by 47.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,174,675 shares of the pipeline company’s stock valued at $186,965,000 after purchasing an additional 1,978,314 shares in the last quarter. 84.68% of the stock is owned by institutional investors.

In related news, Director Stephen I. Chazen acquired 5,000 shares of the firm’s stock in a transaction on Monday, August 21st. The stock was acquired at an average cost of $28.93 per share, for a total transaction of $144,650.00. Following the acquisition, the director now owns 10,000 shares of the company’s stock, valued at $289,300. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robyn L. Ewing sold 9,913 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $29.99, for a total transaction of $297,290.87. Following the completion of the transaction, the insider now owns 27,090 shares of the company’s stock, valued at $812,429.10. The disclosure for this sale can be found here. Insiders sold a total of 284,001 shares of company stock valued at $8,608,319 over the last 90 days. Company insiders own 0.53% of the company’s stock.

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Monday, October 16th. Wolfe Research assumed coverage on shares of Williams Companies, Inc. (The) in a research note on Monday, September 25th. They issued an “outperform” rating and a $34.00 price objective for the company. BidaskClub raised shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday, August 10th. Finally, Zacks Investment Research cut shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Four equities research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $34.00.

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Shares of Williams Companies, Inc. (NYSE:WMB) traded up $0.15 on Friday, reaching $28.26. 3,449,761 shares of the company’s stock traded hands, compared to its average volume of 4,458,264. The stock has a market cap of $23,363.87, a PE ratio of 47.90, a P/E/G ratio of 2.98 and a beta of 1.38. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Williams Companies, Inc. has a fifty-two week low of $27.65 and a fifty-two week high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings data on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Williams Companies, Inc. (The) had a return on equity of 3.23% and a net margin of 5.90%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.79 billion. During the same quarter last year, the company posted $0.20 earnings per share. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. analysts predict that Williams Companies, Inc. will post 0.73 earnings per share for the current fiscal year.

Williams Companies, Inc. (The) Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Institutional Ownership by Quarter for Williams Companies, Inc. (The) (NYSE:WMB)

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