The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Interval Partners LP

Interval Partners LP lifted its stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 172.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 79,368 shares of the pipeline company's stock after purchasing an additional 50,273 shares during the period. Interval Partners LP's holdings in Williams Companies were worth $4,295,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the company. Barclays PLC increased its holdings in shares of Williams Companies by 3.4% in the 3rd quarter. Barclays PLC now owns 3,271,141 shares of the pipeline company's stock valued at $149,326,000 after acquiring an additional 108,675 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in Williams Companies by 2.3% in the third quarter. Principal Financial Group Inc. now owns 1,576,165 shares of the pipeline company's stock worth $71,952,000 after purchasing an additional 35,981 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in Williams Companies by 2.5% in the fourth quarter. Harbor Capital Advisors Inc. now owns 35,660 shares of the pipeline company's stock worth $1,930,000 after purchasing an additional 872 shares during the period. Czech National Bank increased its stake in Williams Companies by 6.4% during the fourth quarter. Czech National Bank now owns 264,306 shares of the pipeline company's stock valued at $14,304,000 after purchasing an additional 15,997 shares during the last quarter. Finally, Brookstone Capital Management raised its holdings in shares of Williams Companies by 63.5% during the fourth quarter. Brookstone Capital Management now owns 19,758 shares of the pipeline company's stock worth $1,069,000 after purchasing an additional 7,676 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In related 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 sale, the senior vice president now owns 81,265 shares of the company's stock, valued at $4,627,229.10. The trade was a 8.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Micheal G. Dunn sold 96,687 shares of the company'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 completion of the sale, the chief operating officer now owns 714,693 shares of the company's stock, valued at $37,907,316.72. This trade represents a 11.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock worth $7,563,278 in the last 90 days. Corporate insiders own 0.44% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on WMB. Truist Financial lifted their price target on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. Barclays raised their target price on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a report on Friday, March 21st. Scotiabank upped their target price on Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a report on Thursday, March 6th. Wells Fargo & Company raised their price target on Williams Companies from $63.00 to $64.00 and gave the stock an "overweight" rating in a report on Wednesday, May 7th. Finally, CIBC boosted their price objective on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, March 4th. Seven research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $60.50.

Williams Companies Stock Performance

WMB stock traded up $0.57 on Thursday, reaching $58.77. The company's stock had a trading volume of 4,583,107 shares, compared to its average volume of 6,648,006. The Williams Companies, Inc. has a 52 week low of $39.88 and a 52 week high of $61.67. 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 company has a market capitalization of $71.66 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 5.01 and a beta of 0.66. The firm has a fifty day moving average of $58.07 and a two-hundred day moving average of $56.78.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.55 by $0.05. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same quarter in the previous year, the firm posted $0.59 EPS. The firm's quarterly revenue was up 10.0% on a year-over-year basis. As a group, analysts predict that The Williams Companies, Inc. will post 2.08 EPS 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. Investors of record on Friday, June 13th will be given a $0.50 dividend. The ex-dividend date is Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.40%. Williams Companies's dividend payout ratio is presently 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.