The Williams Companies, Inc. (NYSE:WMB) Stock Holdings Lessened by Horan Capital Advisors LLC.

Horan Capital Advisors LLC. lowered its holdings in The Williams Companies, Inc. (NYSE:WMB) by 1.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 141,950 shares of the pipeline company’s stock after selling 2,765 shares during the period. Williams Companies comprises about 1.8% of Horan Capital Advisors LLC.’s investment portfolio, making the stock its 12th biggest holding. Horan Capital Advisors LLC.’s holdings in Williams Companies were worth $4,944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP raised its holdings in shares of Williams Companies by 35.1% during the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock valued at $321,867,000 after buying an additional 2,482,331 shares during the last quarter. Bahl & Gaynor Inc. raised its stake in shares of Williams Companies by 45.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock worth $220,506,000 after buying an additional 2,040,993 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in shares of Williams Companies by 55.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,900,745 shares of the pipeline company’s stock valued at $165,106,000 after buying an additional 1,740,677 shares during the period. Jennison Associates LLC boosted its stake in Williams Companies by 69.2% during the fourth quarter. Jennison Associates LLC now owns 4,105,754 shares of the pipeline company’s stock valued at $143,003,000 after buying an additional 1,679,452 shares in the last quarter. Finally, Epoch Investment Partners Inc. lifted its holdings in Williams Companies by 292.5% in the 3rd quarter. Epoch Investment Partners Inc. now owns 1,712,038 shares of the pipeline company’s stock valued at $57,679,000 after acquiring an additional 1,275,872 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Up 0.3 %

Shares of Williams Companies stock traded up $0.13 during trading on Friday, hitting $38.67. 4,413,462 shares of the stock traded hands, compared to its average volume of 6,956,919. The stock has a market cap of $47.12 billion, a P/E ratio of 14.76, a PEG ratio of 5.95 and a beta of 1.05. The company has a fifty day moving average price of $37.77 and a two-hundred day moving average price of $35.98. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.76. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same period in the prior year, the business earned $0.53 earnings per share. Equities research analysts predict that The Williams Companies, Inc. will post 1.82 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be paid a dividend of $0.475 per share. The ex-dividend date is Friday, June 7th. This represents a $1.90 annualized dividend and a dividend yield of 4.91%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on WMB shares. Truist Financial raised their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, March 25th. Barclays upped their target price on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. US Capital Advisors downgraded Williams Companies from an “overweight” rating to a “hold” rating in a report on Monday. UBS Group upped their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Finally, Wolfe Research reissued an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a research note on Thursday, April 18th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Hold” and an average price target of $39.22.

About Williams Companies

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.