Deutsche Bank AG Increases Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Deutsche Bank AG raised its stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 0.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,587,493 shares of the pipeline company's stock after acquiring an additional 8,092 shares during the quarter. Deutsche Bank AG owned about 1.36% of Williams Companies worth $897,715,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of WMB. Quent Capital LLC bought a new position in Williams Companies during the fourth quarter worth about $25,000. Bank of Jackson Hole Trust bought a new position in shares of Williams Companies during the fourth quarter worth approximately $25,000. AlphaMark Advisors LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at approximately $27,000. Sandy Spring Bank bought a new stake in shares of Williams Companies in the fourth quarter valued at approximately $27,000. Finally, Hoey Investments Inc. acquired a new stake in Williams Companies during the fourth quarter worth approximately $28,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 1.1 %

Shares of NYSE:WMB traded up $0.61 during mid-day trading on Friday, reaching $57.67. 3,845,632 shares of the company's stock were exchanged, compared to its average volume of 6,656,954. The firm has a market capitalization of $70.32 billion, a price-to-earnings ratio of 31.51, a PEG ratio of 5.01 and a beta of 0.66. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50. The Williams Companies, Inc. has a twelve month low of $39.57 and a twelve month high of $61.67. The business's fifty day moving average price is $57.91 and its 200-day moving average price is $56.70.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS 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 quarterly revenue was up 10.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.59 earnings per share. On average, research analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders 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 dividend yield of 3.47%. The ex-dividend date of this dividend is Friday, June 13th. Williams Companies's dividend payout ratio (DPR) is 106.95%.

Insider Activity

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the firm'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 transaction, the senior vice president now directly owns 81,265 shares of the company's stock, valued at approximately $4,627,229.10. This trade represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $53.04, for a total value of $5,128,278.48. Following the transaction, the chief operating officer now owns 714,693 shares of the company's stock, valued at $37,907,316.72. This trade represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock worth $7,563,278 in the last quarter. 0.44% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

WMB has been the subject of a number of recent analyst reports. Citigroup upped 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, February 25th. Truist Financial upped their target price on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada lifted their price target on Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. Scotiabank raised their price objective 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. Finally, 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. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus 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.