111 Capital Makes New $456,000 Investment in The Williams Companies, Inc. (NYSE:WMB)

111 Capital 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 disclosure with the Securities and Exchange Commission. The firm bought 8,433 shares of the pipeline company's stock, valued at approximately $456,000.

Other institutional investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in Williams Companies by 43.5% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 315,936 shares of the pipeline company's stock valued at $17,098,000 after purchasing an additional 95,835 shares during the period. Anchor Pointe Wealth Management LLC bought a new position in Williams Companies during the fourth quarter worth about $222,000. Capstone Triton Financial Group LLC acquired a new position in Williams Companies in the fourth quarter valued at about $249,000. Comprehensive Money Management Services LLC bought a new stake in shares of Williams Companies in the fourth quarter worth about $952,000. Finally, Siemens Fonds Invest GmbH raised its position in shares of Williams Companies by 45.3% during the fourth quarter. Siemens Fonds Invest GmbH now owns 22,800 shares of the pipeline company's stock worth $1,234,000 after purchasing an additional 7,113 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Price Performance

WMB stock traded up $0.43 during trading on Monday, reaching $60.94. 6,658,202 shares of the company were exchanged, compared to its average volume of 6,723,751. The company has a 50-day moving average of $58.34 and a two-hundred day moving average of $57.24. The company has a market capitalization of $74.31 billion, a price-to-earnings ratio of 33.32, 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 Williams Companies, Inc. has a twelve month low of $40.41 and a twelve month high of $61.67.

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

Williams Companies Dividend Announcement

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. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.00 annualized dividend and a yield of 3.28%. Williams Companies's dividend payout ratio is presently 106.95%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on WMB shares. Scotiabank raised their target price on shares of Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a research note on Thursday, March 6th. Truist Financial boosted their price objective on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Morgan Stanley lifted their price target on Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Citigroup upped 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. Finally, CIBC lifted 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. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, Williams Companies currently has a consensus rating of "Moderate Buy" and a consensus price target of $60.75.

Insider Activity

In other news, CAO Mary A. Hausman sold 8,896 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares in the company, valued at approximately $1,284,492.50. The trade was a 28.48% decrease in their position. 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 stock in a transaction 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 sale, the senior vice president now 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 113,583 shares of company stock valued at $6,095,318. 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.