Lantz Financial LLC Has $312,000 Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Lantz Financial LLC lowered its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 19.3% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,333 shares of the pipeline company’s stock after selling 1,749 shares during the quarter. Lantz Financial LLC’s holdings in Williams Companies were worth $312,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Rise Advisors LLC bought a new position in Williams Companies in the first quarter valued at $27,000. Western Pacific Wealth Management LP acquired a new stake in shares of Williams Companies in the fourth quarter valued at about $25,000. Fairman Group LLC bought a new stake in Williams Companies during the fourth quarter worth about $31,000. Alaska Permanent Fund Corp bought a new position in Williams Companies in the first quarter valued at approximately $46,000. Finally, EntryPoint Capital LLC bought a new position in Williams Companies in the first quarter valued at approximately $50,000. 86.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Wells Fargo & Company raised Williams Companies from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $38.00 to $46.00 in a report on Tuesday, June 4th. StockNews.com lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Royal Bank of Canada upped their target price on shares of Williams Companies from $44.00 to $47.00 and gave the company an “outperform” rating in a report on Friday, August 23rd. Barclays lifted their price target on Williams Companies from $41.00 to $42.00 and gave the stock an “equal weight” rating in a report on Monday, August 19th. Finally, Argus upgraded Williams Companies from a “hold” rating to a “buy” rating in a research note on Thursday, June 20th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Williams Companies presently has an average rating of “Hold” and a consensus target price of $42.83.

Williams Companies Trading Up 0.6 %

Shares of Williams Companies stock opened at $44.80 on Wednesday. The firm’s 50 day moving average is $43.65 and its 200 day moving average is $40.86. The firm has a market capitalization of $54.60 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 6.08 and a beta of 1.05. The Williams Companies, Inc. has a 1 year low of $32.49 and a 1 year high of $45.81. The company has a current ratio of 0.45, a quick ratio of 0.39 and a debt-to-equity ratio of 1.64.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.05. Williams Companies had a return on equity of 16.17% and a net margin of 27.11%. The company had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.46 billion. During the same quarter last year, the business posted $0.42 EPS. Williams Companies’s revenue for the quarter was down 5.9% on a year-over-year basis. Equities research analysts forecast that The Williams Companies, Inc. will post 1.93 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Friday, September 13th. Williams Companies’s dividend payout ratio is currently 79.83%.

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.