3,746 Shares in The Williams Companies, Inc. (NYSE:WMB) Bought by Quantum Financial Advisors LLC

Quantum Financial Advisors LLC purchased a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 3,746 shares of the pipeline company’s stock, valued at approximately $203,000.

Other large investors have also recently bought and sold shares of the company. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies in the 3rd quarter valued at about $30,000. GHP Investment Advisors Inc. bought a new stake in Williams Companies in the second quarter worth approximately $34,000. Rosenberg Matthew Hamilton lifted its stake in Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after buying an additional 252 shares during the period. Quarry LP bought a new position in shares of Williams Companies during the 2nd quarter worth approximately $35,000. Finally, FSA Wealth Management LLC acquired a new stake in shares of Williams Companies during the 3rd quarter worth approximately $38,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Performance

NYSE WMB opened at $56.01 on Tuesday. The company has a fifty day moving average price of $55.85 and a 200-day moving average price of $49.35. The firm has a market cap of $68.28 billion, a price-to-earnings ratio of 23.63, a PEG ratio of 5.60 and a beta of 1.06. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The Williams Companies, Inc. has a 1 year low of $32.65 and a 1 year high of $60.36.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The business had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.45 EPS. As a group, equities research analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.39%. The ex-dividend date was Friday, December 13th. Williams Companies’s payout ratio is 80.17%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on WMB shares. Bank of America started coverage on shares of Williams Companies in a research report on Thursday, October 17th. They set a “buy” rating and a $55.00 target price on the stock. CIBC upped their price objective on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $52.00 to $58.00 in a research note on Friday, October 4th. Mizuho boosted their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Finally, Truist Financial increased their price target on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a report on Tuesday, December 3rd. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $53.00.

Insiders Place Their Bets

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies 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 sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.44% of the company’s stock.

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.