Dimensional Fund Advisors LP Decreases Holdings in The Williams Companies, Inc. (NYSE:WMB)

Dimensional Fund Advisors LP decreased its holdings in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,682,568 shares of the pipeline company's stock after selling 222,294 shares during the period. Dimensional Fund Advisors LP owned about 0.71% of Williams Companies worth $302,422,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. ETF Store Inc. boosted its holdings in shares of Williams Companies by 3.3% during the fourth quarter. ETF Store Inc. now owns 28,444 shares of the pipeline company's stock valued at $991,000 after acquiring an additional 899 shares during the period. Rheos Capital Works Inc. boosted its holdings in shares of Williams Companies by 59.0% during the fourth quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company's stock valued at $22,988,000 after acquiring an additional 245,000 shares during the period. Autumn Glory Partners LLC boosted its holdings in shares of Williams Companies by 28.1% during the third quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company's stock valued at $3,625,000 after acquiring an additional 23,579 shares during the period. Wellington Management Group LLP lifted its holdings in Williams Companies by 35.1% in the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company's stock worth $321,867,000 after purchasing an additional 2,482,331 shares during the period. Finally, Bahl & Gaynor Inc. lifted its holdings in Williams Companies by 45.3% in the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company's stock worth $220,506,000 after purchasing an additional 2,040,993 shares during the period. Institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on WMB. UBS Group upped their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the stock a "buy" rating in a report on Friday, April 12th. Wolfe Research reaffirmed an "underperform" rating and issued a $34.00 price objective on shares of Williams Companies in a report on Thursday, April 18th. Stifel Nicolaus upped their price objective on shares of Williams Companies from $40.00 to $43.00 and gave the stock a "buy" rating in a report on Wednesday, May 8th. Truist Financial upped their price objective on shares of Williams Companies from $35.00 to $40.00 and gave the stock a "hold" rating in a report on Monday, March 25th. Finally, Barclays upped their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an "equal weight" rating in a report on Thursday, April 11th. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $39.42.

Williams Companies Trading Up 0.0 %

NYSE WMB traded up $0.02 on Monday, hitting $39.66. 5,889,145 shares of the company were exchanged, compared to its average volume of 6,926,008. The company's 50 day moving average price is $38.23 and its 200-day moving average price is $36.17. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.52 and a quick ratio of 0.48. The firm has a market capitalization of $48.33 billion, a P/E ratio of 16.69, a price-to-earnings-growth ratio of 6.12 and a beta of 1.05. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.99.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, May 6th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.10. The firm had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.69 billion. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The business's revenue for the quarter was down 10.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.56 EPS. Analysts predict that The Williams Companies, Inc. will post 1.85 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.79%. Williams Companies's dividend payout ratio is 79.83%.

Insider Activity

In related news, SVP Debbie L. Pickle sold 38,200 shares of the business's stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $39.61, for a total value of $1,513,102.00. Following the completion of the sale, the senior vice president now owns 60,410 shares of the company's stock, valued at approximately $2,392,840.10. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.44% of the stock is owned by corporate insiders.

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.