Calamos Advisors LLC Has $30.53 Million Holdings in Williams Companies, Inc. (The) (NYSE:WMB)

Calamos Advisors LLC boosted its holdings in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 27.7% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 510,913 shares of the pipeline company's stock after buying an additional 110,831 shares during the quarter. Calamos Advisors LLC's holdings in Williams Companies were worth $30,532,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. EP Wealth Advisors LLC raised its position in Williams Companies by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company's stock valued at $968,000 after purchasing an additional 183 shares during the last quarter. Castleview Partners LLC raised its position in Williams Companies by 4.2% in the first quarter. Castleview Partners LLC now owns 4,492 shares of the pipeline company's stock valued at $268,000 after purchasing an additional 183 shares during the last quarter. AMG National Trust Bank raised its position in Williams Companies by 0.6% in the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock valued at $1,669,000 after purchasing an additional 186 shares during the last quarter. Napa Wealth Management raised its position in Williams Companies by 2.7% in the fourth quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company's stock valued at $389,000 after purchasing an additional 190 shares during the last quarter. Finally, Tower Wealth Partners Inc. raised its position in Williams Companies by 4.3% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock valued at $248,000 after purchasing an additional 191 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Trading Down 1.1%

NYSE WMB traded down $0.68 during trading hours on Friday, hitting $58.47. 4,606,763 shares of the company's stock were exchanged, compared to its average volume of 7,028,907. The stock has a 50-day simple moving average of $59.51 and a 200 day simple moving average of $57.80. Williams Companies, Inc. has a 1-year low of $40.41 and a 1-year high of $63.45. 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. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 1.63.

Williams Companies (NYSE:WMB - Get Free Report) last released its earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, topping 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 business had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter last year, the firm posted $0.59 earnings per share. The firm's revenue was up 10.0% on a year-over-year basis. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Dividend Announcement

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

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $62.70, for a total transaction of $125,400.00. Following the completion of the sale, the senior vice president owned 315,645 shares of the company's stock, valued at $19,790,941.50. This trade represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.44% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WMB has been the subject of several research reports. Morgan Stanley increased their target price on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $63.00 target price on shares of Williams Companies in a research report on Friday, May 16th. Wells Fargo & Company increased their target price on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a research report on Wednesday, May 28th. Barclays raised their price objective on 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, Scotiabank raised their price objective on Williams Companies from $52.00 to $59.00 and gave the stock a "sector perform" rating in a research report on Thursday, June 5th. Eight analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $61.25.

Williams Companies 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.