47,235 Shares in Williams Companies, Inc. (The) (NYSE:WMB) Bought by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC purchased a new stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 47,235 shares of the pipeline company's stock, valued at approximately $2,823,000.

Other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Williams Companies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 130,356,165 shares of the pipeline company's stock worth $7,054,876,000 after buying an additional 1,008,213 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Williams Companies by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 31,263,235 shares of the pipeline company's stock worth $1,687,797,000 after purchasing an additional 540,533 shares during the last quarter. Blackstone Inc. boosted its position in Williams Companies by 36.5% during the 4th quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company's stock valued at $1,025,795,000 after purchasing an additional 5,068,738 shares during the period. Northern Trust Corp grew its stake in Williams Companies by 12.5% during the 4th quarter. Northern Trust Corp now owns 15,236,940 shares of the pipeline company's stock worth $824,623,000 after buying an additional 1,696,618 shares during the last quarter. Finally, Norges Bank bought a new position in Williams Companies during the 4th quarter worth $575,103,000. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

NYSE:WMB traded up $0.60 during mid-day trading on Thursday, reaching $59.10. 7,878,912 shares of the stock were exchanged, compared to its average volume of 6,812,608. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 1.63. The business has a fifty day moving average price of $58.89 and a 200 day moving average price of $57.38. Williams Companies, Inc. has a 1-year low of $40.41 and a 1-year high of $61.67. The firm has a market capitalization of $72.06 billion, a PE ratio of 31.60, a PEG ratio of 4.32 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last posted 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. The company had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.90 billion. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The firm's revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.59 earnings per share. Research analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.50 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.38%. Williams Companies's dividend payout ratio is currently 106.95%.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on WMB. Wells Fargo & Company boosted their price target on shares of Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. Barclays boosted their target price on shares of Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Morgan Stanley upped their target price on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Scotiabank lifted their price target on Williams Companies from $52.00 to $59.00 and gave the company a "sector perform" rating in a report on Thursday, June 5th. Finally, CIBC increased their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a report on Tuesday, March 4th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $61.25.

Williams Companies Company Profile

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.