Thompson Siegel & Walmsley LLC Has $76.64 Million Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Thompson Siegel & Walmsley LLC decreased its stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 20.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,200,327 shares of the pipeline company's stock after selling 574,121 shares during the quarter. Williams Companies makes up 1.2% of Thompson Siegel & Walmsley LLC's portfolio, making the stock its 21st largest position. Thompson Siegel & Walmsley LLC owned 0.18% of Williams Companies worth $76,637,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. purchased a new stake in shares of Williams Companies in the 4th quarter valued at $1,197,000. ETF Store Inc. boosted its stake in Williams Companies by 3.3% during the fourth quarter. ETF Store Inc. now owns 28,444 shares of the pipeline company's stock worth $991,000 after buying an additional 899 shares during the period. National Pension Service boosted its stake in Williams Companies by 1.9% during the fourth quarter. National Pension Service now owns 1,998,635 shares of the pipeline company's stock worth $69,612,000 after buying an additional 37,631 shares during the period. Everpar Advisors LLC purchased a new position in Williams Companies during the fourth quarter worth about $1,119,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Williams Companies by 2.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,879,547 shares of the pipeline company's stock valued at $239,615,000 after purchasing an additional 166,090 shares during the period. Institutional investors own 86.44% of the company's stock.

Williams Companies Stock Up 0.2 %

Shares of Williams Companies stock traded up $0.06 during midday trading on Friday, reaching $39.64. 4,673,741 shares of the company's stock traded hands, compared to its average volume of 6,500,967. The company has a market cap of $48.31 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 6.11 and a beta of 1.05. The company's 50 day simple moving average is $38.23 and its 200 day simple moving average is $36.14. The Williams Companies, Inc. has a 52 week low of $28.27 and a 52 week high of $39.99. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.73 and a current ratio of 0.52.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, May 6th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.49 by $0.10. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The company had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the previous year, the business posted $0.56 EPS. The company's revenue for the quarter was down 10.1% on a year-over-year basis. Equities analysts expect that The Williams Companies, Inc. will post 1.85 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be given a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, June 7th. This represents a $1.90 annualized dividend and a dividend yield of 4.79%. Williams Companies's dividend payout ratio (DPR) is presently 79.83%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Truist Financial raised their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a "hold" rating in a report on Monday, March 25th. US Capital Advisors cut shares of Williams Companies from an "overweight" rating to a "hold" rating in a research note on Monday, April 29th. Wells Fargo & Company increased their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Friday. Barclays increased their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the company an "equal weight" rating in a research note on Thursday, April 11th. Finally, Wolfe Research restated an "underperform" rating and issued a $34.00 target price on shares of Williams Companies in a report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Williams Companies has an average rating of "Hold" and a consensus price target of $39.42.

Insider Buying and Selling

In other Williams Companies news, SVP Debbie L. Pickle sold 38,200 shares of Williams Companies stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $39.61, for a total value of $1,513,102.00. Following the completion of the transaction, the senior vice president now owns 60,410 shares in the company, valued at approximately $2,392,840.10. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.44% of the stock is owned by corporate insiders.

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.