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

111 Capital purchased a new position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 8,433 shares of the pipeline company's stock, valued at approximately $456,000.

A number of other large investors also recently made changes to their positions in the business. Quent Capital LLC purchased a new position in shares of Williams Companies in the 4th quarter worth $25,000. Bank of Jackson Hole Trust purchased a new position in shares of Williams Companies in the 4th quarter worth $25,000. Menard Financial Group LLC purchased a new position in shares of Williams Companies in the 4th quarter worth $26,000. Sandy Spring Bank purchased a new position in shares of Williams Companies in the 4th quarter worth $27,000. Finally, Hoey Investments Inc. purchased a new position in shares of Williams Companies in the 4th quarter worth $28,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE:WMB traded down $0.09 during trading on Tuesday, hitting $61.18. 9,977,359 shares of the company traded hands, compared to its average volume of 6,754,725. The stock has a market capitalization of $74.60 billion, a price-to-earnings ratio of 33.43, a PEG ratio of 5.01 and a beta of 0.66. The business's fifty day moving average is $58.40 and its 200-day moving average is $57.30. The Williams Companies, Inc. has a one year low of $40.41 and a one year high of $61.67. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.55 by $0.05. The company had revenue of $3.05 billion during 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%. The business's revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.59 earnings per share. 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 business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.27%. The ex-dividend date is Friday, June 13th. Williams Companies's dividend payout ratio (DPR) is presently 106.95%.

Wall Street Analyst Weigh In

WMB has been the topic of several research reports. Citigroup increased their target price on Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Barclays increased their target price on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research report on Friday, March 21st. Morgan Stanley raised their price objective on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Royal Bank of Canada reissued an "outperform" rating and issued a $63.00 price objective on shares of Williams Companies in a research report on Friday, May 16th. Finally, Truist Financial raised their price objective 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 investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.75.

Insider Activity

In other news, SVP Larry C. Larsen sold 8,000 shares of the business'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 completion of the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Micheal G. Dunn sold 96,687 shares of the business's stock in a transaction that occurred on Friday, March 7th. The stock was 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 approximately $37,907,316.72. This represents a 11.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.44% of the company's stock.

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.