Williams Companies, Inc. (The) (NYSE:WMB) Shares Acquired by Del Sette Capital Management LLC

Del Sette Capital Management LLC raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 11.7% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 45,658 shares of the pipeline company's stock after purchasing an additional 4,773 shares during the quarter. Williams Companies comprises 2.1% of Del Sette Capital Management LLC's portfolio, making the stock its 17th largest holding. Del Sette Capital Management LLC's holdings in Williams Companies were worth $2,729,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of WMB. Norges Bank acquired a new position in shares of Williams Companies in the 4th quarter worth approximately $575,103,000. Blackstone Inc. increased its position in shares of Williams Companies by 36.5% in the 4th quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company's stock valued at $1,025,795,000 after buying an additional 5,068,738 shares in the last quarter. Marshall Wace LLP increased its position in shares of Williams Companies by 2,303.2% in the 4th quarter. Marshall Wace LLP now owns 3,517,336 shares of the pipeline company's stock valued at $190,358,000 after buying an additional 3,370,974 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Williams Companies by 6,407.2% in the 1st quarter. GAMMA Investing LLC now owns 2,238,490 shares of the pipeline company's stock valued at $133,772,000 after buying an additional 2,204,090 shares in the last quarter. Finally, Castle Hook Partners LP increased its position in shares of Williams Companies by 69.1% in the 4th quarter. Castle Hook Partners LP now owns 5,055,184 shares of the pipeline company's stock valued at $273,587,000 after buying an additional 2,065,906 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company's stock.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $62.70, for a total value of $125,400.00. Following the sale, the senior vice president owned 315,645 shares of the company's stock, valued at $19,790,941.50. This trade represents a 0.63% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.44% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on WMB shares. Scotiabank increased their price target on shares of Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a research report on Tuesday, July 15th. Morgan Stanley raised their price target on shares of Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Wolfe Research upgraded shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a research note on Friday, June 13th. Wells Fargo & Company raised their price target 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. Finally, TD Cowen initiated coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 price objective for the company. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $61.77.

Williams Companies Stock Performance

NYSE:WMB opened at $59.38 on Friday. Williams Companies, Inc. has a 1-year low of $40.41 and a 1-year high of $63.45. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.40 and a quick ratio of 0.36. The firm's fifty day moving average price is $59.39 and its 200 day moving average price is $58.14. The firm has a market cap of $72.41 billion, a price-to-earnings ratio of 31.75, a price-to-earnings-growth ratio of 1.99 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last posted 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 company had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.90 billion. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The firm's revenue was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 EPS. On average, sell-side analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were given a $0.50 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.37%. Williams Companies's dividend payout ratio (DPR) is 106.95%.

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.

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