Susquehanna Fundamental Investments LLC Invests $352,000 in The Williams Companies, Inc. (NYSE:WMB)

Susquehanna Fundamental Investments LLC bought a new position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,500 shares of the pipeline company's stock, valued at approximately $352,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Quent Capital LLC acquired a new stake in shares of Williams Companies during the fourth quarter worth $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of Williams Companies in the 4th quarter worth $25,000. AlphaMark Advisors LLC purchased a new stake in shares of Williams Companies in the fourth quarter valued at about $27,000. Sandy Spring Bank purchased a new stake in shares of Williams Companies in the fourth quarter valued at about $27,000. Finally, Hoey Investments Inc. purchased a new position in Williams Companies during the fourth quarter worth about $28,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

Insiders Place Their Bets

In related news, COO Micheal G. Dunn sold 96,687 shares of the firm's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the sale, the chief operating officer now directly owns 714,693 shares of the company's stock, valued at approximately $37,907,316.72. This trade represents a 11.92 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the transaction, the senior vice president now owns 133,048 shares in the company, valued at $7,511,890.08. This represents a 16.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock worth $7,563,278 over the last three months. 0.44% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on WMB shares. Scotiabank lifted their price objective on Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a report on Thursday, March 6th. Citigroup upped their target price on shares of Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Wells Fargo & Company lifted their price target on shares of Williams Companies from $63.00 to $64.00 and gave the company an "overweight" rating in a research report on Wednesday. Royal Bank of Canada upped their price target on Williams Companies from $62.00 to $63.00 and gave the stock an "outperform" rating in a report on Tuesday, March 4th. Finally, Truist Financial boosted their target price on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Seven research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $59.15.

Williams Companies Trading Up 0.5 %

WMB traded up $0.30 during trading on Wednesday, hitting $59.00. The company's stock had a trading volume of 7,946,851 shares, compared to its average volume of 6,658,151. The stock has a market cap of $71.94 billion, a PE ratio of 32.24, a PEG ratio of 5.01 and a beta of 0.66. 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 Williams Companies, Inc. has a twelve month low of $38.76 and a twelve month high of $61.67. The firm's 50 day moving average price is $57.89 and its 200-day moving average price is $56.58.

Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.90 billion. During the same quarter in the prior year, the company posted $0.59 EPS. The company's quarterly revenue was up 10.0% compared to the same quarter last year. On average, analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Investors of record on Friday, June 13th will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.39%. The ex-dividend date of this dividend is Friday, June 13th. Williams Companies's payout ratio is currently 109.29%.

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.