The Williams Companies, Inc. (NYSE:WMB) Shares Acquired by Bokf Na

BOKF NA lifted its stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 13.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 123,554 shares of the pipeline company's stock after purchasing an additional 14,891 shares during the quarter. BOKF NA's holdings in Williams Companies were worth $6,860,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Blackstone Inc. raised its position in shares of Williams Companies by 36.5% in the 4th quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company's stock valued at $1,025,795,000 after buying an additional 5,068,738 shares in the last quarter. Brevan Howard Capital Management LP bought a new stake in Williams Companies during the fourth quarter worth $792,000. Bramshill Investments LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at $1,525,000. Cary Street Partners Financial LLC bought a new position in shares of Williams Companies in the 4th quarter valued at $18,813,000. Finally, Castlekeep Investment Advisors LLC bought a new stake in shares of Williams Companies during the 4th quarter worth $542,000. Institutional investors own 86.44% of the company's stock.

Williams Companies Price Performance

Shares of NYSE WMB traded down $0.73 during mid-day trading on Monday, hitting $56.93. 2,546,345 shares of the company's stock traded hands, compared to its average volume of 6,640,969. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The Williams Companies, Inc. has a 1 year low of $39.57 and a 1 year high of $61.67. The company's 50-day moving average is $57.91 and its two-hundred day moving average is $56.73. The company has a market capitalization of $69.42 billion, a P/E ratio of 31.10, a PEG ratio of 5.01 and a beta of 0.66.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. The business had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.90 billion. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The business's revenue was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.59 earnings per share. On average, equities analysts anticipate that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.51%. Williams Companies's dividend payout ratio is currently 106.95%.

Insider Activity at Williams Companies

In other news, SVP Chad A. Teply sold 26,000 shares of the company's stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the transaction, the senior vice president now owns 133,048 shares in the company, valued at $7,511,890.08. This represents a 16.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, COO Micheal G. Dunn sold 96,687 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the transaction, the chief operating officer now owns 714,693 shares in the company, valued at $37,907,316.72. The trade was a 11.92% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 139,583 shares of company stock worth $7,563,278. Company insiders own 0.44% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on WMB. Barclays lifted their price target on shares of Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research report on Friday, March 21st. Scotiabank lifted their price target on Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a research note on Thursday, March 6th. CIBC raised their target price on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a report on Tuesday, March 4th. Truist Financial upped their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Finally, Wells Fargo & Company upped their target price on Williams Companies from $63.00 to $64.00 and gave the company an "overweight" rating in a report on Wednesday, May 7th. Seven research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Williams Companies has a consensus rating of "Moderate Buy" and an average target price of $60.50.

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.