HM Payson & Co. lessened its position in Williams Companies, Inc. (The) (NYSE:WMB) by 10.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,634 shares of the pipeline company’s stock after selling 8,672 shares during the period. HM Payson & Co.’s holdings in Williams Companies, Inc. (The) were worth $2,300,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of WMB. Capital International Investors raised 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 worth $223,597,000 after buying an additional 6,964,791 shares in the last quarter. BlackRock Inc. raised 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 worth $1,964,347,000 after buying an additional 5,850,607 shares in the last quarter. Janus Henderson Group PLC raised 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 worth $146,019,000 after buying an additional 4,720,801 shares in the last quarter. Vanguard Group Inc. raised 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 worth $1,939,819,000 after buying an additional 2,671,905 shares in the last quarter. Finally, Ameriprise Financial Inc. raised 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 worth $186,965,000 after buying an additional 1,978,314 shares in the last quarter. 84.69% of the stock is currently owned by institutional investors.

WMB has been the topic of a number of research reports. Barclays PLC raised Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $33.00 to $36.00 in a research note on Tuesday, July 18th. Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Tuesday, July 18th. Scotiabank set a $30.00 price objective on Williams Companies, Inc. (The) and gave the stock a “hold” rating in a research note on Saturday, July 22nd. BidaskClub raised Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, August 1st. Finally, Royal Bank Of Canada boosted their price objective on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Four 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 company. Williams Companies, Inc. (The) presently has an average rating of “Buy” and an average target price of $34.00.

In other news, insider Donald R. Chappel sold 272,088 shares of Williams Companies, Inc. (The) stock in a transaction on Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total transaction of $8,249,708.16. Following the transaction, the insider now owns 60,032 shares in the company, valued at $1,820,170.24. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephen I. Chazen purchased 5,000 shares of the stock in a transaction dated Monday, August 21st. The shares were acquired at an average price of $28.93 per share, for a total transaction of $144,650.00. Following the acquisition, the director now directly owns 10,000 shares of the company’s stock, valued at approximately $289,300. The disclosure for this purchase can be found here. Insiders have sold 283,501 shares of company stock worth $8,590,124 in the last quarter. 0.53% of the stock is currently owned by corporate insiders.

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Shares of Williams Companies, Inc. (NYSE:WMB) traded down $0.05 during mid-day trading on Friday, hitting $28.62. The stock had a trading volume of 5,926,200 shares, compared to its average volume of 5,109,561. Williams Companies, Inc. has a twelve month low of $27.65 and a twelve month high of $32.69. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $23,661.50, a P/E ratio of 48.51, a price-to-earnings-growth ratio of 3.06 and a beta of 1.38.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). Williams Companies, Inc. (The) had a net margin of 5.90% and a return on equity of 3.23%. The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the prior year, the firm posted $0.20 EPS. The business’s quarterly revenue was down .7% compared to the same quarter last year. analysts anticipate that Williams Companies, Inc. will post 0.72 EPS for the current fiscal year.

About Williams Companies, Inc. (The)

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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