OMERS ADMINISTRATION Corp Buys 10,085 Shares of The Williams Companies, Inc. (NYSE:WMB)

OMERS ADMINISTRATION Corp grew its holdings in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 23.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 52,426 shares of the pipeline company's stock after buying an additional 10,085 shares during the quarter. OMERS ADMINISTRATION Corp's holdings in Williams Companies were worth $2,837,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Obermeyer Wealth Partners acquired a new position in shares of Williams Companies in the 4th quarter valued at $208,000. Meketa Capital LLC acquired a new position in shares of Williams Companies in the 4th quarter valued at $535,000. Napa Wealth Management increased its position in shares of Williams Companies by 2.7% during the 4th quarter. Napa Wealth Management now owns 7,190 shares of the pipeline company's stock worth $389,000 after purchasing an additional 190 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Williams Companies by 2.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,313,057 shares of the pipeline company's stock worth $233,423,000 after purchasing an additional 110,978 shares in the last quarter. Finally, MJP Associates Inc. ADV increased its position in shares of Williams Companies by 7.5% during the 4th quarter. MJP Associates Inc. ADV now owns 8,101 shares of the pipeline company's stock worth $438,000 after purchasing an additional 564 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Williams Companies Trading Down 0.0%

Shares of NYSE WMB traded down $0.01 during mid-day trading on Friday, hitting $58.77. The company's stock had a trading volume of 5,118,505 shares, compared to its average volume of 6,636,383. The stock has a market cap of $71.66 billion, a price-to-earnings ratio of 32.11, a price-to-earnings-growth 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 one year low of $39.88 and a one year high of $61.67. The company's fifty day simple moving average is $58.24 and its 200-day simple moving average is $56.87.

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

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Friday, June 13th. Williams Companies's dividend payout ratio (DPR) is presently 106.95%.

Insider Activity

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the transaction, the senior vice president now owns 133,048 shares of the company's stock, valued at approximately $7,511,890.08. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction that occurred 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 transaction, the chief operating officer now directly owns 714,693 shares in the company, valued at approximately $37,907,316.72. The trade was a 11.92% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 139,583 shares of company stock valued at $7,563,278. 0.44% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Scotiabank increased their target price on shares of Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 6th. Royal Bank of Canada reiterated an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a research report on Friday. Truist Financial increased their target price on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Morgan Stanley increased their target price on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Finally, Wells Fargo & Company increased their target price on shares of Williams Companies from $63.00 to $64.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 7th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $60.50.

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.