Xponance Inc. Sells 895 Shares of The Williams Companies, Inc. (NYSE:WMB)

Xponance Inc. cut its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 185,444 shares of the pipeline company’s stock after selling 895 shares during the quarter. Xponance Inc.’s holdings in Williams Companies were worth $10,036,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in WMB. Wellington Management Group LLP lifted its stake in shares of Williams Companies by 19.0% in the third quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock worth $1,631,288,000 after acquiring an additional 5,697,605 shares during the period. Geode Capital Management LLC raised its holdings in Williams Companies by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock worth $1,398,004,000 after purchasing an additional 520,663 shares during the last quarter. Amundi lifted its position in shares of Williams Companies by 28.8% in the 4th quarter. Amundi now owns 8,781,963 shares of the pipeline company’s stock worth $495,215,000 after purchasing an additional 1,964,421 shares during the period. Bahl & Gaynor Inc. boosted its stake in shares of Williams Companies by 2.9% in the 4th quarter. Bahl & Gaynor Inc. now owns 8,425,933 shares of the pipeline company’s stock valued at $456,012,000 after purchasing an additional 234,423 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of Williams Companies by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,405,951 shares of the pipeline company’s stock worth $400,810,000 after buying an additional 166,741 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $58.38 on Wednesday. The business’s fifty day simple moving average is $56.89 and its 200 day simple moving average is $53.75. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 12 month low of $37.16 and a 12 month high of $61.46. The firm has a market capitalization of $71.19 billion, a P/E ratio of 31.90, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. As a group, analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.43%. The ex-dividend date is Friday, March 14th. Williams Companies’s dividend payout ratio is currently 109.29%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Barclays boosted their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. CIBC boosted their target price on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research report on Tuesday, March 4th. Citigroup upped their price objective on shares of Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Truist Financial raised their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Finally, Royal Bank of Canada upped their target price on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, Williams Companies has a consensus rating of “Hold” and a consensus target price of $55.07.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of the stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the transaction, the senior vice president now directly owns 133,048 shares of the company’s stock, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Larry C. Larsen sold 8,000 shares of the business’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the completion of the sale, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock worth $7,563,278 in the last quarter. Insiders own 0.44% of the company’s stock.

Williams Companies 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.