EagleClaw Capital Managment LLC Sells 1,035 Shares of The Williams Companies, Inc. (NYSE:WMB)

EagleClaw Capital Managment LLC lessened its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,790 shares of the pipeline company’s stock after selling 1,035 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in Williams Companies were worth $3,003,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the company. Blackstone Inc. raised its holdings in Williams Companies by 109.1% in the 1st quarter. Blackstone Inc. now owns 6,466,660 shares of the pipeline company’s stock valued at $252,006,000 after acquiring an additional 3,373,800 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Williams Companies by 20.1% during the 2nd quarter. American Century Companies Inc. now owns 6,117,298 shares of the pipeline company’s stock valued at $259,985,000 after acquiring an additional 1,024,158 shares during the period. BROOKFIELD Corp ON boosted its position in shares of Williams Companies by 11.8% during the 1st quarter. BROOKFIELD Corp ON now owns 5,896,375 shares of the pipeline company’s stock worth $229,782,000 after purchasing an additional 623,820 shares in the last quarter. Bahl & Gaynor Inc. boosted its holdings in Williams Companies by 8.8% in the second quarter. Bahl & Gaynor Inc. now owns 7,664,152 shares of the pipeline company’s stock worth $325,726,000 after acquiring an additional 618,056 shares in the last quarter. Finally, Chickasaw Capital Management LLC increased its holdings in shares of Williams Companies by 26.8% during the third quarter. Chickasaw Capital Management LLC now owns 2,097,941 shares of the pipeline company’s stock valued at $95,771,000 after acquiring an additional 443,423 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of WMB traded up $0.26 during mid-day trading on Wednesday, hitting $58.86. 89,961 shares of the company were exchanged, compared to its average volume of 6,237,232. 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 Williams Companies, Inc. has a 1-year low of $32.65 and a 1-year high of $59.17. The stock has a market cap of $71.75 billion, a price-to-earnings ratio of 24.73, a price-to-earnings-growth ratio of 5.96 and a beta of 1.03. The company has a 50 day moving average of $50.48 and a 200-day moving average of $45.31.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.45 earnings per share. Analysts expect that The Williams Companies, Inc. will post 1.91 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date is Friday, December 13th. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total transaction of $90,580.00. Following the transaction, the senior vice president now owns 304,200 shares of the company’s stock, valued at $13,777,218. This represents a 0.65 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the sale, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WMB shares. Royal Bank of Canada upped their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Truist Financial upped their target price on shares of Williams Companies from $42.00 to $52.00 and gave the stock a “hold” rating in a research report on Tuesday, November 5th. Bank of America assumed coverage on shares of Williams Companies in a report on Thursday, October 17th. They issued a “buy” rating and a $55.00 target price on the stock. Seaport Res Ptn cut shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 30th. Finally, CIBC raised their price objective on Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $51.54.

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.