Northern Trust Corp increased its position in shares of Williams Companies Inc (NYSE:WMB) by 0.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 10,479,359 shares of the pipeline company’s stock after acquiring an additional 4,477 shares during the quarter. Northern Trust Corp’s holdings in Williams Companies were worth $284,096,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in WMB. Bray Capital Advisors lifted its stake in Williams Companies by 100.0% in the second quarter. Bray Capital Advisors now owns 4,000 shares of the pipeline company’s stock valued at $108,000 after buying an additional 2,000 shares in the last quarter. Arrow Financial Corp bought a new position in Williams Companies in the second quarter valued at approximately $113,000. Centaurus Financial Inc. bought a new position in Williams Companies in the second quarter valued at approximately $127,000. Botty Investors LLC lifted its stake in Williams Companies by 218.7% in the first quarter. Botty Investors LLC now owns 5,409 shares of the pipeline company’s stock valued at $134,000 after buying an additional 3,712 shares in the last quarter. Finally, JJJ Advisors Inc. bought a new position in Williams Companies in the second quarter valued at approximately $144,000. 86.51% of the stock is currently owned by institutional investors and hedge funds.

WMB has been the topic of a number of research reports. Bank of America reaffirmed a “buy” rating on shares of Williams Companies in a research note on Tuesday, August 21st. UBS Group lifted their price target on shares of Williams Companies from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Friday, August 10th. Zacks Investment Research raised shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, July 31st. Wells Fargo & Co cut their price target on shares of Williams Companies from $35.00 to $34.00 and set an “outperform” rating on the stock in a research note on Thursday, September 13th. Finally, US Capital Advisors lowered shares of Williams Companies from a “buy” rating to a “hold” rating and set a $31.00 price target on the stock. in a research note on Friday, August 24th. Five equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Williams Companies presently has an average rating of “Buy” and a consensus target price of $33.47.

In related news, SVP Frank J. Ferazzi sold 1,100 shares of the business’s stock in a transaction on Monday, August 6th. The shares were sold at an average price of $31.31, for a total transaction of $34,441.00. Following the transaction, the senior vice president now directly owns 15,037 shares in the company, valued at $470,808.47. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Ted T. Timmermans sold 20,267 shares of the business’s stock in a transaction on Tuesday, August 7th. The stock was sold at an average price of $32.00, for a total transaction of $648,544.00. Following the transaction, the vice president now owns 9,955 shares in the company, valued at $318,560. The disclosure for this sale can be found here. Insiders own 0.50% of the company’s stock.

Shares of WMB stock opened at $27.56 on Tuesday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.71 and a current ratio of 0.79. The firm has a market capitalization of $23.08 billion, a PE ratio of 43.75, a price-to-earnings-growth ratio of 4.73 and a beta of 1.51. Williams Companies Inc has a 12 month low of $24.00 and a 12 month high of $33.67.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, August 1st. The pipeline company reported $0.17 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.01). The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2 billion. Williams Companies had a return on equity of 3.82% and a net margin of 24.19%. During the same period in the prior year, the firm earned $0.13 EPS. analysts anticipate that Williams Companies Inc will post 0.79 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 24th. Stockholders of record on Friday, September 7th were given a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.93%. The ex-dividend date of this dividend was Thursday, September 6th. Williams Companies’s dividend payout ratio is presently 215.87%.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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

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