The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Advisor OS LLC

Advisor OS LLC boosted its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 11.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,328 shares of the pipeline company’s stock after buying an additional 2,404 shares during the quarter. Advisor OS LLC’s holdings in Williams Companies were worth $1,317,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of WMB. Quent Capital LLC purchased a new position in shares of Williams Companies during the fourth quarter worth $25,000. Bank of Jackson Hole Trust purchased a new stake in Williams Companies in the fourth quarter valued at $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies during the 4th quarter worth about $27,000. Compass Planning Associates Inc purchased a new position in shares of Williams Companies during the 4th quarter valued at about $30,000. Finally, Financial Life Planners acquired a new position in shares of Williams Companies in the 4th quarter valued at about $30,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on WMB shares. Mizuho raised 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. Truist Financial upped their price objective on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. The Goldman Sachs Group lifted their target price on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Citigroup increased their price target on shares of Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Barclays raised their price target on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. One 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. Based on data from MarketBeat.com, Williams Companies currently has a consensus rating of “Hold” and an average target price of $54.21.

Williams Companies Stock Down 2.1 %

WMB opened at $56.13 on Wednesday. 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 twelve month low of $34.54 and a twelve month high of $61.46. The company has a market cap of $68.42 billion, a PE ratio of 30.67, a price-to-earnings-growth ratio of 5.01 and a beta of 1.05. The company has a 50-day moving average price of $56.26 and a 200 day moving average price of $52.50.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share 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%. Sell-side 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. Shareholders of record on Friday, March 14th will be issued a $0.50 dividend. The ex-dividend date is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 3.56%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is presently 109.29%.

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.