14,030 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by One Capital Management LLC

One Capital Management LLC acquired a new stake in The Williams Companies, Inc. (NYSE:WMB) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 14,030 shares of the pipeline company’s stock, valued at approximately $596,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Rise Advisors LLC acquired a new stake in Williams Companies in the 1st quarter valued at $27,000. Fairman Group LLC bought a new position in shares of Williams Companies in the fourth quarter valued at $31,000. SouthState Corp acquired a new position in shares of Williams Companies during the second quarter valued at about $31,000. GHP Investment Advisors Inc. bought a new stake in shares of Williams Companies during the second quarter worth about $34,000. Finally, Alaska Permanent Fund Corp acquired a new stake in shares of Williams Companies in the 1st quarter worth about $46,000. Institutional investors own 86.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Morgan Stanley lifted their price target on Williams Companies from $45.00 to $48.00 and gave the company an “equal weight” rating in a research note on Monday, June 10th. Argus upgraded Williams Companies from a “hold” rating to a “buy” rating in a report on Thursday, June 20th. Scotiabank raised their price objective on Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a research note on Thursday, August 8th. Wells Fargo & Company upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $38.00 to $46.00 in a research note on Tuesday, June 4th. Finally, StockNews.com lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. 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 company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $42.83.

Williams Companies Trading Up 0.2 %

Shares of WMB stock opened at $45.53 on Wednesday. The Williams Companies, Inc. has a 12-month low of $32.49 and a 12-month high of $45.81. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 1.64. The company has a 50 day moving average of $43.91 and a 200-day moving average of $41.20. The firm has a market cap of $55.49 billion, a P/E ratio of 19.13, a PEG ratio of 6.19 and a beta of 1.05.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) 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 firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same period in the previous year, the company posted $0.42 earnings per share. The business’s revenue was down 5.9% on a year-over-year basis. Sell-side analysts anticipate that The Williams Companies, Inc. will post 1.93 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 4.17%. The ex-dividend date is Friday, September 13th. Williams Companies’s dividend payout ratio (DPR) is presently 79.83%.

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.