The Williams Companies, Inc. (NYSE:WMB) Stock Position Boosted by Capital Advisors Inc. OK

Capital Advisors Inc. OK lifted its position in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 7.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,284,189 shares of the pipeline company's stock after buying an additional 152,587 shares during the period. Williams Companies makes up about 1.8% of Capital Advisors Inc. OK's portfolio, making the stock its 8th largest position. Capital Advisors Inc. OK owned approximately 0.19% of Williams Companies worth $79,558,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the company. Moneta Group Investment Advisors LLC grew its stake in shares of Williams Companies by 96,588.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company's stock worth $2,086,641,000 after acquiring an additional 63,358,143 shares during the last quarter. Norges Bank acquired a new position in Williams Companies during the 4th quarter valued at approximately $292,176,000. Royal Bank of Canada raised its holdings in shares of Williams Companies by 85.8% in the first quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company's stock worth $546,327,000 after buying an additional 7,551,749 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Williams Companies by 200.1% during the second quarter. Price T Rowe Associates Inc. MD now owns 5,286,535 shares of the pipeline company's stock worth $164,993,000 after buying an additional 3,525,097 shares during the period. Finally, Comerica Bank purchased a new stake in shares of Williams Companies during the second quarter valued at $84,275,000. Institutional investors own 86.44% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE WMB traded down $0.52 during midday trading on Friday, reaching $38.08. 7,906,124 shares of the stock were exchanged, compared to its average volume of 6,513,698. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.57. The firm has a market cap of $46.40 billion, a price-to-earnings ratio of 14.53, a PEG ratio of 6.13 and a beta of 1.05. The firm has a 50-day simple moving average of $36.58 and a two-hundred day simple moving average of $35.56. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.76.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating 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 last year, the firm earned $0.53 EPS. As a group, analysts anticipate that The Williams Companies, Inc. will post 1.8 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.99%. Williams Companies's dividend payout ratio (DPR) is 72.52%.

Wall Street Analyst Weigh In

A number of brokerages have commented on WMB. Barclays lifted their price target on Williams Companies from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday. Truist Financial lifted their target price on Williams Companies from $35.00 to $40.00 and gave the stock a "hold" rating in a report on Monday, March 25th. Finally, UBS Group increased their price target on shares of Williams Companies from $43.00 to $47.00 and gave the stock a "buy" rating in a report on Friday. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $38.64.

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.