The Williams Companies, Inc. (NYSE:WMB) Shares Sold by SL Advisors LLC

SL Advisors LLC lowered its position in The Williams Companies, Inc. (NYSE:WMB) by 1.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,209 shares of the pipeline company’s stock after selling 765 shares during the period. Williams Companies makes up approximately 6.2% of SL Advisors LLC’s investment portfolio, making the stock its 8th largest holding. SL Advisors LLC’s holdings in Williams Companies were worth $3,746,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of WMB. Brooklyn Investment Group grew its position in shares of Williams Companies by 2.6% in the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after purchasing an additional 197 shares during the period. Dearborn Partners LLC boosted its holdings in Williams Companies by 1.1% in the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock worth $827,000 after buying an additional 201 shares during the last quarter. Tidal Investments LLC increased its stake in Williams Companies by 0.5% during the 3rd quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock worth $1,895,000 after buying an additional 207 shares in the last quarter. Pinnacle Family Advisors LLC raised its holdings in shares of Williams Companies by 3.3% during the third quarter. Pinnacle Family Advisors LLC now owns 6,510 shares of the pipeline company’s stock valued at $297,000 after acquiring an additional 211 shares during the last quarter. Finally, Sunbelt Securities Inc. lifted its position in shares of Williams Companies by 12.6% in the third quarter. Sunbelt Securities Inc. now owns 1,899 shares of the pipeline company’s stock valued at $87,000 after acquiring an additional 212 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

Williams Companies stock traded up $0.18 during mid-day trading on Wednesday, reaching $55.73. 2,311,009 shares of the company were exchanged, compared to its average volume of 5,163,231. The firm has a market cap of $67.94 billion, a PE ratio of 23.51, a price-to-earnings-growth ratio of 5.60 and a beta of 1.06. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The firm’s 50-day simple moving average is $55.53 and its two-hundred day simple moving average is $48.98. The Williams Companies, Inc. has a twelve month low of $32.65 and a twelve month high of $60.36.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. The firm had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm posted $0.45 EPS. Equities analysts predict that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.41%. The ex-dividend date of this dividend was Friday, December 13th. Williams Companies’s payout ratio is 80.17%.

Insider Activity

In related news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on WMB. CIBC raised their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Truist Financial boosted their target price on shares of Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research note on Tuesday, December 3rd. Barclays lifted their price target on Williams Companies from $42.00 to $46.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Citigroup raised their target price on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Finally, The Goldman Sachs Group increased their price target on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, Williams Companies presently has an average rating of “Hold” and an average target price of $52.07.

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.