Bartlett & CO. Wealth Management LLC Has $4.43 Million Position in The Williams Companies, Inc. (NYSE:WMB)

Bartlett & CO. Wealth Management LLC cut its holdings in The Williams Companies, Inc. (NYSE:WMB) by 5.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,828 shares of the pipeline company’s stock after selling 4,793 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Williams Companies were worth $4,429,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Williams Companies by 60.7% during the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 233,388 shares of the pipeline company’s stock valued at $9,919,000 after buying an additional 88,147 shares in the last quarter. APG Asset Management N.V. increased its holdings in shares of Williams Companies by 104.5% during the 2nd quarter. APG Asset Management N.V. now owns 676,385 shares of the pipeline company’s stock valued at $26,822,000 after acquiring an additional 345,684 shares during the last quarter. Drucker Wealth 3.0 LLC bought a new position in shares of Williams Companies in the 2nd quarter valued at approximately $3,025,000. MBB Public Markets I LLC acquired a new stake in Williams Companies in the 2nd quarter worth approximately $3,529,000. Finally, Creative Planning boosted its position in Williams Companies by 13.5% during the second quarter. Creative Planning now owns 181,063 shares of the pipeline company’s stock worth $7,695,000 after purchasing an additional 21,504 shares during the period. 86.44% of the stock is owned by institutional investors.

Insider Activity

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the transaction, the chief accounting officer now directly owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.44% of the stock is owned by corporate insiders.

Williams Companies Price Performance

NYSE:WMB opened at $59.58 on Friday. 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 has a 50-day moving average of $56.33 and a 200-day moving average of $50.12. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $61.46. The company has a market capitalization of $72.62 billion, a price-to-earnings ratio of 25.14, a PEG ratio of 5.31 and a beta of 1.06.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter last year, the company earned $0.45 earnings per share. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. As a group, equities 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 was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.19%. Williams Companies’s payout ratio is presently 80.17%.

Analysts Set New Price Targets

WMB has been the subject of a number of analyst reports. CIBC boosted their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Royal Bank of Canada upped their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Scotiabank reiterated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a research note on Friday, January 10th. Citigroup boosted their price objective on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Finally, Barclays raised their target price on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, Williams Companies presently has a consensus rating of “Hold” and a consensus price target of $53.00.

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.