Capital Advisors Inc. OK Boosts Holdings in Williams Companies, Inc. (The) (NYSE:WMB)

Capital Advisors Inc. OK raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 0.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 2,306,410 shares of the pipeline company's stock after purchasing an additional 4,377 shares during the quarter. Williams Companies accounts for about 2.7% of Capital Advisors Inc. OK's investment portfolio, making the stock its 5th biggest position. Capital Advisors Inc. OK owned about 0.19% of Williams Companies worth $137,831,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after buying an additional 3,969 shares in the last quarter. Proficio Capital Partners LLC acquired a new position in shares of Williams Companies during the fourth quarter worth approximately $327,000. Ashton Thomas Private Wealth LLC lifted its position in shares of Williams Companies by 51.7% during the fourth quarter. Ashton Thomas Private Wealth LLC now owns 11,622 shares of the pipeline company's stock worth $629,000 after purchasing an additional 3,961 shares in the last quarter. Machina Capital S.A.S. acquired a new position in shares of Williams Companies during the fourth quarter worth approximately $576,000. Finally, Dorsey & Whitney Trust CO LLC lifted its position in shares of Williams Companies by 10.9% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 6,355 shares of the pipeline company's stock worth $344,000 after purchasing an additional 627 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on WMB shares. Wolfe Research upgraded shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. Morgan Stanley increased their price objective on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 25th. Scotiabank raised their target price on shares of Williams Companies from $52.00 to $59.00 and gave the company a "sector perform" rating in a research note on Thursday, June 5th. Barclays raised their price objective on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research report on Friday, March 21st. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $63.00 price objective on shares of Williams Companies in a research report on Friday, May 16th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $61.25.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total transaction of $125,400.00. Following the sale, the senior vice president owned 315,645 shares of the company's stock, valued at approximately $19,790,941.50. The trade was a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.44% of the company's stock.

Williams Companies Trading Down 1.1%

Shares of WMB opened at $58.47 on Monday. Williams Companies, Inc. has a 52-week low of $40.41 and a 52-week high of $63.45. The business's fifty day moving average is $59.51 and its 200-day moving average is $57.87. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40. The firm has a market cap of $71.29 billion, a price-to-earnings ratio of 31.26, a PEG ratio of 4.33 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.05. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The company had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.90 billion. During the same quarter last year, the company posted $0.59 EPS. The company's revenue for the quarter was up 10.0% compared to the same quarter last year. Equities analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 30th. Shareholders of record on Friday, June 13th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.42%. Williams Companies's payout ratio is presently 106.95%.

About Williams Companies

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.

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