Bramshill Investments LLC Buys New Shares in The Williams Companies, Inc. (NYSE:WMB)

Bramshill Investments LLC bought a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,173 shares of the pipeline company's stock, valued at approximately $1,525,000. Williams Companies accounts for 0.2% of Bramshill Investments LLC's holdings, making the stock its 27th largest position.

A number of other institutional investors have also bought and sold shares of WMB. Vanguard Group Inc. boosted its stake in Williams Companies by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 130,356,165 shares of the pipeline company's stock worth $7,054,876,000 after acquiring an additional 1,008,213 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Williams Companies by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 31,263,235 shares of the pipeline company's stock worth $1,687,797,000 after purchasing an additional 540,533 shares in the last quarter. Northern Trust Corp boosted its position in shares of Williams Companies by 12.5% during the 4th quarter. Northern Trust Corp now owns 15,236,940 shares of the pipeline company's stock worth $824,623,000 after purchasing an additional 1,696,618 shares in the last quarter. Norges Bank acquired a new stake in shares of Williams Companies in the 4th quarter valued at about $575,103,000. Finally, Amundi increased its position in Williams Companies by 28.8% in the 4th quarter. Amundi now owns 8,781,963 shares of the pipeline company's stock valued at $495,215,000 after buying an additional 1,964,421 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE WMB traded up $0.61 during mid-day trading on Friday, hitting $57.67. The company had a trading volume of 3,845,632 shares, compared to its average volume of 6,647,987. 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 1 year low of $39.34 and a 1 year high of $61.67. The company has a market capitalization of $70.32 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 5.01 and a beta of 0.66. The stock's 50-day moving average price is $57.89 and its 200-day moving average price is $56.63.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.05. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The company's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.59 earnings per share. On average, sell-side analysts forecast that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 3.47%. The ex-dividend date is Friday, June 13th. Williams Companies's payout ratio is 106.95%.

Insiders Place Their Bets

In other news, SVP Chad A. Teply sold 26,000 shares of the stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the transaction, the senior vice president now owns 133,048 shares of the company's stock, valued at $7,511,890.08. This represents a 16.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Micheal G. Dunn sold 96,687 shares of the firm's stock in a transaction 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 sale, the chief operating officer now owns 714,693 shares in the company, valued at approximately $37,907,316.72. This trade represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 139,583 shares of company stock worth $7,563,278 in the last ninety days. 0.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Citigroup boosted their price objective on Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. CIBC boosted their price target on shares of Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research note on Tuesday, March 4th. Barclays raised their price objective on shares of Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research note on Friday, March 21st. Morgan Stanley lifted their target price on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Finally, Truist Financial increased their price target on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $60.50.

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.