Sigma Planning Corp Sells 25,878 Shares of The Williams Companies, Inc. (NYSE:WMB)

Sigma Planning Corp decreased its stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 80.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,379 shares of the pipeline company's stock after selling 25,878 shares during the period. Sigma Planning Corp's holdings in Williams Companies were worth $222,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Morgan Stanley increased its position in shares of Williams Companies by 3.9% in the third quarter. Morgan Stanley now owns 19,086,234 shares of the pipeline company's stock worth $643,015,000 after acquiring an additional 712,048 shares in the last quarter. Northern Trust Corp increased its position in shares of Williams Companies by 8.1% in the third quarter. Northern Trust Corp now owns 14,455,063 shares of the pipeline company's stock worth $486,991,000 after acquiring an additional 1,089,150 shares in the last quarter. Federated Hermes Inc. increased its position in shares of Williams Companies by 7.3% in the third quarter. Federated Hermes Inc. now owns 13,628,627 shares of the pipeline company's stock worth $459,148,000 after acquiring an additional 921,537 shares in the last quarter. Bank of New York Mellon Corp increased its position in shares of Williams Companies by 0.6% in the third quarter. Bank of New York Mellon Corp now owns 11,301,527 shares of the pipeline company's stock worth $380,748,000 after acquiring an additional 68,674 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Williams Companies by 35.1% in the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company's stock worth $321,867,000 after acquiring an additional 2,482,331 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Stock Down 0.2 %

NYSE WMB traded down $0.06 during trading hours on Monday, reaching $39.20. 5,048,086 shares of the company traded hands, compared to its average volume of 6,978,512. The Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month high of $39.76. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $47.76 billion, a PE ratio of 14.98, a PEG ratio of 6.14 and a beta of 1.04. The company has a 50 day moving average of $37.45 and a two-hundred day moving average of $35.90.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating analysts' consensus estimates 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 prior year, the business posted $0.53 EPS. As a group, equities analysts expect that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.85%. Williams Companies's dividend payout ratio (DPR) is 72.52%.

Analyst Ratings Changes

Several research firms have recently issued reports on WMB. Barclays increased their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 11th. UBS Group increased their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, April 12th. Truist Financial increased their price objective on shares of Williams Companies from $35.00 to $40.00 and gave the stock a "hold" rating in a research report on Monday, March 25th. Finally, Wolfe Research reissued an "underperform" rating and issued a $34.00 price objective on shares of Williams Companies in a research report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Williams Companies presently has a consensus rating of "Hold" and a consensus target price of $39.22.

About Williams Companies

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.