Round Rock Advisors LLC Purchases New Position in The Williams Companies, Inc. (NYSE:WMB)

Round Rock Advisors LLC 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 (SEC). The institutional investor purchased 66,024 shares of the pipeline company's stock, valued at approximately $2,300,000.

A number of other large investors have also added to or reduced their stakes in WMB. Patten Group Inc. grew its holdings in Williams Companies by 1.3% during the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company's stock worth $832,000 after acquiring an additional 296 shares during the period. Insigneo Advisory Services LLC grew its holdings in Williams Companies by 2.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company's stock worth $353,000 after acquiring an additional 298 shares during the period. Buckley Wealth Management LLC grew its stake in shares of Williams Companies by 1.0% in the 3rd quarter. Buckley Wealth Management LLC now owns 30,865 shares of the pipeline company's stock valued at $1,040,000 after buying an additional 300 shares during the period. Horan Securities Inc. grew its stake in shares of Williams Companies by 2.6% in the 3rd quarter. Horan Securities Inc. now owns 11,753 shares of the pipeline company's stock valued at $396,000 after buying an additional 300 shares during the period. Finally, Valley National Advisers Inc. grew its stake in shares of Williams Companies by 20.8% in the 3rd quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company's stock valued at $61,000 after buying an additional 310 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Stock Performance

Shares of Williams Companies stock traded down $0.29 during mid-day trading on Thursday, hitting $38.60. 8,341,541 shares of the stock were exchanged, compared to its average volume of 7,094,451. The Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month high of $39.76. The company has a 50-day simple moving average of $36.44 and a 200 day simple moving average of $35.49. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. The company has a market capitalization of $47.03 billion, a P/E ratio of 14.79, a P/E/G ratio of 6.19 and a beta of 1.05.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter in the previous year, the company posted $0.53 EPS. Sell-side analysts anticipate that The Williams Companies, Inc. will post 1.8 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.92%. Williams Companies's dividend payout ratio (DPR) is presently 72.52%.

Analyst Ratings Changes

Several analysts have recently commented on the company. Barclays raised their target price on Williams Companies from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Thursday. UBS Group raised their target price on Williams Companies from $41.00 to $42.00 and gave the company a "buy" rating in a research note on Thursday, February 15th. Finally, Truist Financial lifted their price target on Williams Companies from $35.00 to $40.00 and gave the company a "hold" rating in a research note on Monday, March 25th. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of $38.18.

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.