Janus Henderson Group PLC Has $135.89 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

Janus Henderson Group PLC increased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,488,323 shares of the pipeline company’s stock after buying an additional 59,425 shares during the period. Janus Henderson Group PLC owned 0.29% of Williams Companies worth $135,888,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMB. Western Pacific Wealth Management LP bought a new stake in shares of Williams Companies in the 4th quarter valued at about $25,000. Turtle Creek Wealth Advisors LLC bought a new stake in Williams Companies in the fourth quarter valued at approximately $26,000. Rise Advisors LLC acquired a new stake in shares of Williams Companies in the first quarter valued at approximately $27,000. Fairman Group LLC bought a new position in shares of Williams Companies during the 4th quarter worth approximately $31,000. Finally, Alaska Permanent Fund Corp acquired a new position in shares of Williams Companies during the 1st quarter worth approximately $46,000. 86.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Royal Bank of Canada raised their price target on Williams Companies from $40.00 to $44.00 and gave the company an “outperform” rating in a report on Thursday, June 13th. Wolfe Research reaffirmed an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a report on Thursday, April 18th. Wells Fargo & Company raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $38.00 to $46.00 in a report on Tuesday, June 4th. Argus upgraded Williams Companies from a “hold” rating to a “buy” rating in a report on Thursday, June 20th. Finally, Barclays increased their target price on Williams Companies from $38.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Friday, July 12th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $41.77.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Debbie L. Pickle sold 38,200 shares of the business’s stock in a transaction on Thursday, May 9th. The shares were sold at an average price of $39.61, for a total transaction of $1,513,102.00. Following the sale, the senior vice president now owns 60,410 shares of the company’s stock, valued at $2,392,840.10. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.44% of the stock is owned by insiders.

Williams Companies Price Performance

NYSE:WMB traded up $0.05 during mid-day trading on Wednesday, reaching $43.00. The stock had a trading volume of 1,265,285 shares, compared to its average volume of 6,544,614. The Williams Companies, Inc. has a 12 month low of $32.49 and a 12 month high of $45.10. The stock has a market capitalization of $52.41 billion, a PE ratio of 18.05, a P/E/G ratio of 6.75 and a beta of 1.05. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.52 and a quick ratio of 0.48. The stock has a 50-day simple moving average of $42.03 and a two-hundred day simple moving average of $38.78.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, May 6th. The pipeline company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.10. The business had revenue of $2.77 billion for the quarter, compared to analyst estimates of $2.69 billion. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. Williams Companies’s revenue was down 10.1% compared to the same quarter last year. During the same period last year, the firm posted $0.56 earnings per share. On average, equities analysts anticipate that The Williams Companies, Inc. will post 1.85 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 13th will be given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.42%. Williams Companies’s dividend payout ratio is 79.83%.

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.