Compass Planning Associates Inc Invests $30,000 in The Williams Companies, Inc. (NYSE:WMB)

Compass Planning Associates Inc bought a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 546 shares of the pipeline company’s stock, valued at approximately $30,000.

Other hedge funds have also recently bought and sold shares of the company. Baader Bank Aktiengesellschaft lifted its holdings in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock worth $300,000 after acquiring an additional 180 shares in the last quarter. Albion Financial Group UT lifted its holdings in shares of Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after purchasing an additional 184 shares in the last quarter. Sprinkle Financial Consultants LLC grew its position in shares of Williams Companies by 3.8% in the 4th quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock valued at $275,000 after purchasing an additional 185 shares during the period. GHP Investment Advisors Inc. increased its stake in Williams Companies by 24.4% during the 4th quarter. GHP Investment Advisors Inc. now owns 995 shares of the pipeline company’s stock worth $54,000 after purchasing an additional 195 shares in the last quarter. Finally, Brooklyn Investment Group raised its holdings in Williams Companies by 2.6% during the 3rd quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock worth $357,000 after buying an additional 197 shares during the period. 86.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

WMB has been the subject of several research reports. Barclays increased their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Mizuho increased their target price on Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. The Goldman Sachs Group boosted their price target on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. UBS Group increased their price objective on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Truist Financial boosted their target price on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $53.29.

Williams Companies Stock Performance

WMB opened at $58.46 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 12-month low of $34.13 and a 12-month high of $61.46. The business has a 50 day moving average of $56.09 and a 200-day moving average of $52.07. The stock has a market cap of $71.27 billion, a price-to-earnings ratio of 31.95, a PEG ratio of 5.00 and a beta of 1.04.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, equities research analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a $0.50 dividend. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.42%. The ex-dividend date is Friday, March 14th. Williams Companies’s dividend payout ratio is currently 103.83%.

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.