Sigma Planning Corp Has $1.72 Million Stake in The Williams Companies, Inc. (NYSE:WMB)

Sigma Planning Corp boosted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,733 shares of the pipeline company’s stock after acquiring an additional 2,811 shares during the period. Sigma Planning Corp’s holdings in Williams Companies were worth $1,717,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Quent Capital LLC acquired a new position in shares of Williams Companies during the 4th quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new position in shares of Williams Companies during the fourth quarter worth approximately $25,000. AlphaMark Advisors LLC acquired a new position in shares of Williams Companies during the fourth quarter worth approximately $27,000. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies during the third quarter worth approximately $30,000. Finally, Financial Life Planners acquired a new position in Williams Companies during the 4th quarter valued at $30,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. The Goldman Sachs Group upped their target price on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. Mizuho boosted their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Truist Financial upped their price target on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a report on Friday, February 14th. Scotiabank reissued a “sector perform” rating and set a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Finally, Barclays upped their target price on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. One equities research 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. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $53.29.

Williams Companies Trading Down 1.7 %

Shares of Williams Companies stock opened at $57.44 on Monday. The stock has a market capitalization of $70.01 billion, a P/E ratio of 31.39, a price-to-earnings-growth ratio of 5.01 and a beta of 1.04. 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 company has a 50-day simple moving average of $56.15 and a 200 day simple moving average of $52.31. The Williams Companies, Inc. has a 12-month low of $34.26 and a 12-month high of $61.46.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. Research analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.50 per share. The ex-dividend date is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 3.48%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s 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.