Greenleaf Trust lowered its position in shares of Williams Companies Inc (NYSE:WMB) by 9.5% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 12,061 shares of the pipeline company’s stock after selling 1,271 shares during the quarter. Greenleaf Trust’s holdings in Williams Companies were worth $346,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Sentry Investment Management LLC boosted its position in Williams Companies by 2.7% during the first quarter. Sentry Investment Management LLC now owns 72,604 shares of the pipeline company’s stock worth $2,085,000 after acquiring an additional 1,932 shares during the last quarter. TD Asset Management Inc. boosted its position in Williams Companies by 2.1% during the first quarter. TD Asset Management Inc. now owns 369,663 shares of the pipeline company’s stock worth $10,617,000 after acquiring an additional 7,765 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Williams Companies by 3.9% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,746,393 shares of the pipeline company’s stock worth $136,316,000 after acquiring an additional 177,844 shares during the last quarter. Payden & Rygel acquired a new position in shares of Williams Companies in the 1st quarter valued at $21,304,000. Finally, Great Lakes Advisors LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $842,000. Hedge funds and other institutional investors own 88.10% of the company’s stock.

Shares of WMB opened at $26.99 on Friday. The firm has a market capitalization of $32.71 billion, a price-to-earnings ratio of 34.16, a P/E/G ratio of 4.43 and a beta of 1.70. Williams Companies Inc has a fifty-two week low of $20.36 and a fifty-two week high of $32.22. The company has a current ratio of 0.31, a quick ratio of 0.28 and a debt-to-equity ratio of 1.32.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, May 1st. The pipeline company reported $0.22 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.24 by ($0.02). The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.30 billion. Williams Companies had a negative net margin of 1.29% and a positive return on equity of 5.56%. The business’s revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.19 EPS. Sell-side analysts forecast that Williams Companies Inc will post 0.97 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be issued a dividend of $0.38 per share. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.52 annualized dividend and a dividend yield of 5.63%. Williams Companies’s payout ratio is 192.41%.

A number of equities analysts have weighed in on the stock. Evercore ISI assumed coverage on shares of Williams Companies in a report on Tuesday, February 5th. They issued an “outperform” rating on the stock. Mizuho set a $32.00 price target on shares of Williams Companies and gave the company a “buy” rating in a report on Tuesday, March 19th. Zacks Investment Research lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a report on Saturday, January 26th. Finally, Bank of America set a $30.00 price target on shares of Williams Companies and gave the company a “buy” rating in a report on Thursday, February 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have assigned a buy rating to the company. Williams Companies currently has an average rating of “Buy” and an average price target of $32.33.

In related news, insider Walter J. Bennett sold 14,859 shares of Williams Companies stock in a transaction on Monday, February 25th. The shares were sold at an average price of $27.13, for a total transaction of $403,124.67. Following the transaction, the insider now owns 116,881 shares in the company, valued at approximately $3,170,981.53. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen I. Chazen bought 10,000 shares of Williams Companies stock in a transaction that occurred on Monday, May 20th. The shares were acquired at an average price of $27.33 per share, for a total transaction of $273,300.00. Following the acquisition, the director now directly owns 45,730 shares in the company, valued at approximately $1,249,800.90. The disclosure for this purchase can be found here. Insiders own 0.26% of the company’s stock.

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Williams Companies Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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

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