8,756 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC bought a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 8,756 shares of the pipeline company's stock, valued at approximately $474,000.

Several other institutional investors also recently bought and sold shares of the company. Barclays PLC increased its stake in Williams Companies by 3.4% during the 3rd quarter. Barclays PLC now owns 3,271,141 shares of the pipeline company's stock worth $149,326,000 after buying an additional 108,675 shares during the period. Avior Wealth Management LLC increased its position in shares of Williams Companies by 5.2% during the fourth quarter. Avior Wealth Management LLC now owns 5,636 shares of the pipeline company's stock worth $305,000 after acquiring an additional 277 shares during the period. Brighton Jones LLC raised its stake in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after acquiring an additional 3,969 shares in the last quarter. RFG Advisory LLC acquired a new stake in shares of Williams Companies in the fourth quarter valued at $319,000. Finally, Sound Income Strategies LLC boosted its holdings in Williams Companies by 9.6% in the fourth quarter. Sound Income Strategies LLC now owns 2,463 shares of the pipeline company's stock valued at $133,000 after purchasing an additional 216 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Performance

WMB traded down $0.40 during trading on Thursday, hitting $60.22. 6,659,225 shares of the stock were exchanged, compared to its average volume of 7,619,511. 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 Williams Companies, Inc. has a 1-year low of $40.06 and a 1-year high of $61.67. The stock has a fifty day moving average price of $58.36 and a two-hundred day moving average price of $57.17. The firm has a market capitalization of $73.43 billion, a P/E ratio of 32.91, a PEG ratio of 5.01 and a beta of 0.66.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly 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 firm had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.90 billion. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. Williams Companies's revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 EPS. As a group, sell-side analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid 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 dividend yield of 3.32%. Williams Companies's dividend payout ratio (DPR) is 106.95%.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of analyst reports. Barclays increased their price target 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. Wells Fargo & Company raised their target price on shares of Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a report on Wednesday. Royal Bank of Canada reiterated an "outperform" rating and set a $63.00 price target on shares of Williams Companies in a report on Friday, May 16th. Truist Financial increased their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Finally, Citigroup lifted their price objective on shares of Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Seven analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $60.75.

Insider Buying and Selling

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of the 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 sale, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 shares were sold at an average price of $53.04, for a total value of $5,128,278.48. Following the completion of the transaction, the chief operating officer now directly owns 714,693 shares in the company, valued at approximately $37,907,316.72. The trade was a 11.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 113,583 shares of company stock valued at $6,095,318 over the last quarter. 0.44% of the stock is currently owned by insiders.

Williams Companies Company 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.