Mutual of America Capital Management LLC Acquires 3,796 Shares of The Williams Companies, Inc. (NYSE:WMB)

Mutual of America Capital Management LLC grew its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 267,416 shares of the pipeline company’s stock after acquiring an additional 3,796 shares during the period. Mutual of America Capital Management LLC’s holdings in Williams Companies were worth $12,208,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. SouthState Corp bought a new stake in Williams Companies in the second quarter valued at approximately $31,000. GHP Investment Advisors Inc. acquired a new position in shares of Williams Companies in the 2nd quarter worth approximately $34,000. Rosenberg Matthew Hamilton lifted its position in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after purchasing an additional 252 shares during the period. Quarry LP bought a new stake in shares of Williams Companies in the 2nd quarter valued at $35,000. Finally, Kimelman & Baird LLC acquired a new stake in shares of Williams Companies during the second quarter worth $42,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Activity at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was 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 owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred 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 transaction, the senior vice president now owns 304,200 shares in the company, valued at $13,777,218. This trade represents a 0.65 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

Williams Companies Trading Up 1.7 %

NYSE:WMB opened at $56.55 on Monday. The firm has a 50-day moving average price of $49.94 and a two-hundred day moving average price of $45.03. The firm has a market cap of $68.94 billion, a price-to-earnings ratio of 23.86, a price-to-earnings-growth ratio of 5.83 and a beta of 1.03. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $57.33. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57.

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

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.36%. Williams Companies’s payout ratio is currently 80.17%.

Analyst Ratings Changes

WMB has been the topic of a number of research analyst reports. StockNews.com cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Mizuho raised their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Monday, November 4th. Seaport Res Ptn lowered Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Royal Bank of Canada raised their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Finally, UBS Group lifted their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price 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.