SYSTM Wealth Solutions LLC Decreases Stock Position in The Williams Companies, Inc. (NYSE:WMB)

SYSTM Wealth Solutions LLC lowered its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 83.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,246 shares of the pipeline company’s stock after selling 55,054 shares during the period. SYSTM Wealth Solutions LLC’s holdings in Williams Companies were worth $478,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Jump Financial LLC lifted its holdings in Williams Companies by 11.0% in the 4th quarter. Jump Financial LLC now owns 14,707 shares of the pipeline company’s stock worth $512,000 after buying an additional 1,457 shares in the last quarter. Independent Advisor Alliance lifted its stake in shares of Williams Companies by 40.1% in the fourth quarter. Independent Advisor Alliance now owns 13,169 shares of the pipeline company’s stock worth $459,000 after acquiring an additional 3,770 shares in the last quarter. Brown Advisory Inc. lifted its stake in shares of Williams Companies by 2.4% in the fourth quarter. Brown Advisory Inc. now owns 53,218 shares of the pipeline company’s stock worth $1,854,000 after acquiring an additional 1,237 shares in the last quarter. ING Groep NV boosted its holdings in Williams Companies by 339.1% in the fourth quarter. ING Groep NV now owns 15,856 shares of the pipeline company’s stock valued at $552,000 after purchasing an additional 12,245 shares during the last quarter. Finally, Norges Bank acquired a new stake in Williams Companies during the 4th quarter valued at approximately $306,417,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Trading Down 0.8 %

Shares of NYSE WMB opened at $45.18 on Thursday. The Williams Companies, Inc. has a 12-month low of $32.49 and a 12-month high of $45.82. The company has a market cap of $55.06 billion, a price-to-earnings ratio of 18.98, a price-to-earnings-growth ratio of 6.24 and a beta of 1.05. The company has a current ratio of 0.45, a quick ratio of 0.39 and a debt-to-equity ratio of 1.64. The stock’s 50 day simple moving average is $43.96 and its 200 day simple moving average is $41.23.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, August 5th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.46 billion. Williams Companies had a return on equity of 16.17% and a net margin of 27.11%. The firm’s quarterly revenue was down 5.9% compared to the same quarter last year. During the same period last year, the business posted $0.42 earnings per share. Equities research analysts expect that The Williams Companies, Inc. will post 1.93 EPS for the current year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be paid a $0.475 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.90 annualized dividend and a dividend yield of 4.21%. Williams Companies’s payout ratio is currently 79.83%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on WMB shares. Scotiabank upped their target price on Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a research report on Thursday, August 8th. StockNews.com downgraded shares of Williams Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 6th. Barclays raised their price objective on shares of Williams Companies from $41.00 to $42.00 and gave the stock an “equal weight” rating in a report on Monday, August 19th. Seaport Res Ptn lowered shares of Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Finally, Royal Bank of Canada lifted their price target on Williams Companies from $44.00 to $47.00 and gave the stock an “outperform” rating in a research note on Friday, August 23rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $43.50.

Williams Companies Company 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.