Vanguard Personalized Indexing Management LLC Boosts Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Vanguard Personalized Indexing Management LLC raised its holdings in The Williams Companies, Inc. (NYSE:WMB) by 23.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,812 shares of the pipeline company’s stock after purchasing an additional 19,924 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Williams Companies were worth $4,497,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of WMB. Rise Advisors LLC purchased a new position in shares of Williams Companies in the first quarter worth about $27,000. Fairman Group LLC purchased a new position in shares of Williams Companies in the fourth quarter worth about $31,000. SouthState Corp purchased a new position in shares of Williams Companies in the second quarter worth about $31,000. GHP Investment Advisors Inc. purchased a new position in shares of Williams Companies in the second quarter worth about $34,000. Finally, Alaska Permanent Fund Corp purchased a new position in shares of Williams Companies in the first quarter worth about $46,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the subject of a number of analyst reports. Royal Bank of Canada raised their price objective on shares of Williams Companies from $44.00 to $47.00 and gave the company an “outperform” rating in a research report on Friday, August 23rd. StockNews.com lowered shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Scotiabank raised their price objective on shares of Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a research report on Thursday, August 8th. Wells Fargo & Company upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and raised their price objective for the company from $38.00 to $46.00 in a research report on Tuesday, June 4th. Finally, Argus upgraded shares of Williams Companies from a “hold” rating to a “buy” rating in a research report on Thursday, June 20th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Williams Companies currently has a consensus rating of “Hold” and a consensus price target of $43.50.

Williams Companies Trading Down 0.8 %

Shares of Williams Companies stock opened at $45.18 on Thursday. The Williams Companies, Inc. has a 1 year low of $32.49 and a 1 year high of $45.82. The firm has a market cap of $55.06 billion, a PE ratio of 18.98, a PEG ratio of 6.24 and a beta of 1.05. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.45 and a quick ratio of 0.39. The company has a 50 day simple moving average of $43.96 and a two-hundred day simple moving average of $41.23.

Williams Companies (NYSE:WMB) last announced 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. The business had revenue of $2.34 billion during the quarter, compared to analyst estimates of $2.46 billion. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. Williams Companies’s revenue for the quarter was down 5.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.42 earnings per share. Analysts expect that The Williams Companies, Inc. will post 1.93 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 4.21%. The ex-dividend date is Friday, September 13th. Williams Companies’s dividend payout ratio (DPR) is presently 79.83%.

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.