180 Wealth Advisors LLC Increases Position in The Williams Companies, Inc. (NYSE:WMB)

180 Wealth Advisors LLC raised its holdings in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 102.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,329 shares of the pipeline company's stock after buying an additional 8,249 shares during the period. 180 Wealth Advisors LLC's holdings in Williams Companies were worth $976,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. EP Wealth Advisors LLC boosted its holdings in shares of Williams Companies by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company's stock valued at $968,000 after purchasing an additional 183 shares during the period. Sprinkle Financial Consultants LLC raised its position in Williams Companies by 3.8% during the 4th quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company's stock valued at $275,000 after purchasing an additional 185 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of Williams Companies by 0.6% in the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock worth $1,669,000 after buying an additional 186 shares during the period. Napa Wealth Management grew its position in shares of Williams Companies by 2.7% during the 4th quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company's stock worth $389,000 after buying an additional 190 shares in the last quarter. Finally, Tower Wealth Partners Inc. grew its position in shares of Williams Companies by 4.3% during the 4th quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock worth $248,000 after buying an additional 191 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on WMB shares. Wells Fargo & Company upped their price objective on shares of Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 28th. Morgan Stanley increased their price objective on shares of Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. CIBC boosted their price objective on shares of Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 4th. Barclays increased their target price on Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research report on Friday, March 21st. Finally, Citigroup lifted their price target on Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Seven equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $60.75.

Williams Companies Stock Down 0.2%

NYSE WMB traded down $0.09 during trading on Tuesday, hitting $61.18. The company's stock had a trading volume of 9,977,359 shares, compared to its average volume of 6,755,832. The Williams Companies, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $61.67. The company has a market cap of $74.60 billion, a PE ratio of 33.43, a P/E/G ratio of 5.01 and a beta of 0.66. 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 business's 50 day simple moving average is $58.36 and its 200-day simple moving average is $57.27.

Williams Companies (NYSE:WMB - Get Free Report) last released its earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, topping analysts' consensus estimates of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The company had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.90 billion. During the same period last year, the business earned $0.59 EPS. Williams Companies's revenue for the quarter was up 10.0% on a year-over-year basis. 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 company also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.50 per share. 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 3.27%. Williams Companies's dividend payout ratio is currently 106.95%.

Insider Buying and Selling at Williams Companies

In related news, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the sale, the chief operating officer now owns 714,693 shares of the company's stock, valued at $37,907,316.72. The trade was a 11.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Larry C. Larsen sold 8,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total transaction of $455,520.00. Following the transaction, the senior vice president now directly owns 81,265 shares of the company's stock, valued at $4,627,229.10. This represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company 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.