Cahill Financial Advisors Inc. Decreases Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Cahill Financial Advisors Inc. lowered its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 7.1% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,264 shares of the pipeline company’s stock after selling 864 shares during the period. Cahill Financial Advisors Inc.’s holdings in Williams Companies were worth $514,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in WMB. Dearborn Partners LLC lifted its stake in Williams Companies by 1.1% in the third quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock worth $827,000 after acquiring an additional 201 shares during the period. L & S Advisors Inc raised its holdings in Williams Companies by 0.3% in the 3rd quarter. L & S Advisors Inc now owns 78,548 shares of the pipeline company’s stock worth $3,586,000 after purchasing an additional 232 shares in the last quarter. CVA Family Office LLC lifted its position in shares of Williams Companies by 18.7% in the 3rd quarter. CVA Family Office LLC now owns 1,578 shares of the pipeline company’s stock worth $72,000 after purchasing an additional 249 shares during the period. Rosenberg Matthew Hamilton boosted its stake in shares of Williams Companies by 50.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 252 shares in the last quarter. Finally, J.W. Cole Advisors Inc. increased its position in shares of Williams Companies by 2.8% during the second quarter. J.W. Cole Advisors Inc. now owns 9,298 shares of the pipeline company’s stock valued at $395,000 after buying an additional 257 shares during the period. Institutional investors own 86.44% of the company’s stock.

Insider Activity at Williams Companies

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

Analysts Set New Price Targets

Several brokerages recently weighed in on WMB. Barclays upped their price target on Williams Companies from $42.00 to $46.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. StockNews.com cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Truist Financial upped their price objective on shares of Williams Companies from $42.00 to $52.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. Scotiabank lifted their target price on shares of Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a report on Thursday, August 8th. Finally, Mizuho boosted their price target on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have issued a buy rating to the stock. According to MarketBeat, Williams Companies has an average rating of “Hold” and an average price target of $51.54.

Williams Companies Stock Performance

Shares of WMB opened at $59.65 on Monday. The company has a market cap of $72.71 billion, a price-to-earnings ratio of 25.17, a P/E/G ratio of 6.14 and a beta of 1.03. The business’s fifty day simple moving average is $51.35 and its two-hundred day simple moving average is $45.73. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period last year, the firm posted $0.45 earnings per share. Williams Companies’s revenue was up 3.7% compared to the same quarter last year. Research analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a dividend of $0.475 per share. The ex-dividend date is Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.19%. Williams Companies’s payout ratio 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.