Weybosset Research & Management LLC Has $11.18 Million Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Weybosset Research & Management LLC decreased its position in The Williams Companies, Inc. (NYSE:WMB) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 206,586 shares of the pipeline company’s stock after selling 633 shares during the period. Williams Companies accounts for 3.8% of Weybosset Research & Management LLC’s portfolio, making the stock its 11th largest position. Weybosset Research & Management LLC’s holdings in Williams Companies were worth $11,180,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brendel Financial Advisors LLC raised its position in shares of Williams Companies by 0.8% in the 3rd quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company’s stock valued at $2,370,000 after acquiring an additional 419 shares during the period. World Investment Advisors LLC acquired a new position in Williams Companies in the third quarter valued at about $545,000. Swiss National Bank increased its holdings in shares of Williams Companies by 0.3% in the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock worth $165,130,000 after acquiring an additional 9,800 shares in the last quarter. Valley National Advisers Inc. raised its position in shares of Williams Companies by 1,855.7% during the third quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company’s stock worth $1,918,000 after purchasing an additional 39,880 shares during the period. Finally, Banque Cantonale Vaudoise lifted its holdings in shares of Williams Companies by 402.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 91,983 shares of the pipeline company’s stock valued at $4,199,000 after purchasing an additional 73,693 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMB has been the topic of several research analyst reports. Citigroup raised their target price on shares of Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, October 3rd. The Goldman Sachs Group raised their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Royal Bank of Canada upped their target price on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. CIBC upped their price objective on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, UBS Group boosted their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $52.29.

Insider Buying and Selling at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the transaction, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.44% of the company’s stock.

Williams Companies Stock Performance

WMB traded down $0.38 during trading hours on Friday, reaching $56.01. The company’s stock had a trading volume of 1,439,474 shares, compared to its average volume of 5,162,282. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The company’s 50-day moving average is $55.69 and its 200-day moving average is $49.08. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $60.36. The firm has a market cap of $68.28 billion, a PE ratio of 23.63, a price-to-earnings-growth ratio of 5.60 and a beta of 1.06.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Williams Companies’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 EPS. On average, equities analysts forecast that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 3.39%. The ex-dividend date was Friday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

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.