AGF Investments Inc. lifted its stake in shares of Williams Companies Inc (NYSE:WMB) by 227.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,574,532 shares of the pipeline company’s stock after purchasing an additional 2,483,903 shares during the quarter. Williams Companies comprises about 1.0% of AGF Investments Inc.’s investment portfolio, making the stock its 21st largest position. AGF Investments Inc. owned approximately 0.43% of Williams Companies worth $96,906,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of WMB. Fort Washington Investment Advisors Inc. OH increased its position in Williams Companies by 54.0% in the 1st quarter. Fort Washington Investment Advisors Inc. OH now owns 93,736 shares of the pipeline company’s stock valued at $2,330,000 after buying an additional 32,870 shares in the last quarter. FDx Advisors Inc. increased its holdings in Williams Companies by 5.5% during the 1st quarter. FDx Advisors Inc. now owns 70,527 shares of the pipeline company’s stock worth $1,753,000 after purchasing an additional 3,670 shares in the last quarter. Dynamic Advisor Solutions LLC bought a new stake in Williams Companies during the 1st quarter worth approximately $232,000. Wealthstreet Investment Advisors LLC increased its holdings in Williams Companies by 12.3% during the 1st quarter. Wealthstreet Investment Advisors LLC now owns 42,504 shares of the pipeline company’s stock worth $1,057,000 after purchasing an additional 4,655 shares in the last quarter. Finally, Comerica Bank increased its holdings in Williams Companies by 3.2% during the 1st quarter. Comerica Bank now owns 315,831 shares of the pipeline company’s stock worth $8,069,000 after purchasing an additional 9,857 shares in the last quarter. 86.57% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts have commented on WMB shares. Bank of America reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, August 21st. Scotiabank raised Williams Companies from a “sector perform” rating to a “buy” rating in a report on Friday, May 18th. UBS Group boosted their price objective on Williams Companies from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, August 10th. Stifel Nicolaus started coverage on Williams Companies in a report on Tuesday, August 7th. They set a “buy” rating and a $35.00 price objective for the company. Finally, US Capital Advisors reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 17th. Five investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Williams Companies currently has an average rating of “Buy” and an average price target of $33.43.

WMB stock opened at $29.68 on Friday. The company has a market capitalization of $25.10 billion, a PE ratio of 47.11, a price-to-earnings-growth ratio of 7.52 and a beta of 1.43. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.79 and a quick ratio of 0.71. Williams Companies Inc has a 12-month low of $24.00 and a 12-month high of $33.67.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, August 1st. The pipeline company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.01). The business had revenue of $2.09 billion during the quarter, compared to the consensus estimate of $2 billion. Williams Companies had a net margin of 24.19% and a return on equity of 3.82%. During the same period in the prior year, the company earned $0.13 earnings per share. analysts anticipate that Williams Companies Inc will post 0.85 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 24th. Stockholders of record on Friday, September 7th will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 4.58%. The ex-dividend date is Thursday, September 6th. Williams Companies’s dividend payout ratio is presently 215.87%.

In other news, VP Ted T. Timmermans sold 20,267 shares of the company’s stock in a transaction that occurred on Tuesday, August 7th. The stock was sold at an average price of $32.00, for a total value of $648,544.00. Following the completion of the transaction, the vice president now directly owns 9,955 shares of the company’s stock, valued at $318,560. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Frank J. Ferazzi sold 1,100 shares of the company’s stock in a transaction that occurred on Monday, August 6th. The shares were sold at an average price of $31.31, for a total value of $34,441.00. Following the completion of the transaction, the senior vice president now directly owns 15,037 shares of the company’s stock, valued at $470,808.47. The disclosure for this sale can be found here. Corporate insiders own 0.53% of the company’s stock.

About Williams Companies

The Williams Cos., Inc is an energy infrastructure company, which explores, produces, transports, sells and processes natural gas and petroleum products. It operates through three segments: Williams Partners; and Others. The Williams Partners segment includes gas pipeline and domestic midstream businesses.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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