Capstone Triton Financial Group LLC acquired a new position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 4,603 shares of the pipeline company's stock, valued at approximately $249,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Baader Bank Aktiengesellschaft grew its holdings in Williams Companies by 3.3% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock valued at $300,000 after buying an additional 180 shares during the last quarter. EP Wealth Advisors LLC raised its stake in Williams Companies by 1.0% during the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company's stock worth $968,000 after acquiring an additional 183 shares during the period. Sprinkle Financial Consultants LLC boosted its stake 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 during the period. AMG National Trust Bank raised its position in shares of Williams Companies by 0.6% during 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 in the last quarter. Finally, Napa Wealth Management boosted 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 valued at $389,000 after purchasing an additional 190 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Williams Companies news, CAO Mary A. Hausman sold 8,896 shares of the firm's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the completion of the sale, the chief accounting officer now directly owns 22,339 shares of the company's stock, valued at $1,284,492.50. This trade represents a 28.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, COO Micheal G. Dunn sold 96,687 shares of the company's stock in a transaction that occurred 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 $37,907,316.72. The trade was a 11.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 113,583 shares of company stock worth $6,095,318. 0.44% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
Several analysts recently issued reports on the company. Morgan Stanley increased their price objective on Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Barclays upped their target price on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research report on Friday, March 21st. Royal Bank of Canada reiterated an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a research report on Friday, May 16th. Wells Fargo & Company lifted their price target on shares of Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a research report on Wednesday. Finally, Truist Financial increased 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. 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.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $60.75.
Check Out Our Latest Report on WMB
Williams Companies Stock Performance
Shares of Williams Companies stock traded up $0.12 on Friday, hitting $60.39. The stock had a trading volume of 12,301,540 shares, compared to its average volume of 6,723,608. The Williams Companies, Inc. has a twelve month low of $40.41 and a twelve month 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. The business's 50 day moving average is $58.34 and its two-hundred day moving average is $57.24. The stock has a market cap of $73.64 billion, a price-to-earnings ratio of 33.00, a price-to-earnings-growth ratio of 5.01 and a beta of 0.66.
Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the previous year, the business earned $0.59 earnings per share. The company's revenue was up 10.0% on a year-over-year basis. Analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current year.
Williams Companies Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.31%. The ex-dividend date of this dividend is Friday, June 13th. Williams Companies's dividend payout ratio is presently 106.95%.
Williams Companies Company Profile
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Free Report)
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.
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