The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC lowered its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,631 shares of the pipeline company’s stock after selling 719 shares during the period. Moloney Securities Asset Management LLC’s holdings in Williams Companies were worth $2,091,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of WMB. Baader Bank Aktiengesellschaft increased its position in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock worth $300,000 after purchasing an additional 180 shares during the last quarter. Albion Financial Group UT increased its holdings in shares of Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock worth $64,000 after buying an additional 184 shares during the last quarter. Sprinkle Financial Consultants LLC increased its holdings in shares of Williams Companies by 3.8% during the 4th quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock worth $275,000 after buying an additional 185 shares during the last quarter. GHP Investment Advisors Inc. lifted its holdings in Williams Companies by 24.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 995 shares of the pipeline company’s stock valued at $54,000 after acquiring an additional 195 shares during the last quarter. Finally, Brooklyn Investment Group grew its position in Williams Companies by 2.6% in the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock worth $357,000 after acquiring an additional 197 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

WMB has been the topic of several recent analyst reports. Royal Bank of Canada upped their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. CIBC upped their target price on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Truist Financial lifted their price target on shares of Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a research report on Tuesday, December 3rd. Scotiabank restated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Finally, Mizuho lifted their target price on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat.com, Williams Companies currently has a consensus rating of “Hold” and an average price target of $53.00.

Williams Companies Stock Down 0.1 %

WMB stock opened at $55.93 on Friday. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46. The company’s 50 day moving average price is $55.91 and its 200 day moving average price is $51.19. 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 has a market capitalization of $68.18 billion, a price-to-earnings ratio of 23.60, a PEG ratio of 5.06 and a beta of 1.04.

Williams Companies (NYSE:WMB) last announced 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 business 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%. The company’s revenue was up 3.7% on a year-over-year basis. During the same period last year, the business earned $0.45 EPS. On average, equities research analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.58%. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. Williams Companies’s payout ratio is 80.17%.

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.