Cowa LLC Has $375,000 Stake in The Williams Companies, Inc. (NYSE:WMB)

Cowa LLC increased its position in The Williams Companies, Inc. (NYSE:WMB) by 38.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,920 shares of the pipeline company’s stock after purchasing an additional 1,905 shares during the period. Cowa LLC’s holdings in Williams Companies were worth $375,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Quent Capital LLC bought a new position in Williams Companies during the 4th quarter valued at $25,000. Bank of Jackson Hole Trust purchased a new stake in Williams Companies in the 4th quarter worth about $25,000. AlphaMark Advisors LLC purchased a new stake in Williams Companies in the 4th quarter worth about $27,000. Legacy Investment Solutions LLC purchased a new stake in Williams Companies in the 3rd quarter worth about $30,000. Finally, Financial Life Planners purchased a new stake in Williams Companies in the 4th quarter worth about $30,000. 86.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on WMB. Barclays lifted their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. Truist Financial lifted their target price on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a report on Friday, February 14th. Mizuho lifted their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. UBS Group lifted their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Scotiabank reaffirmed a “sector perform” rating and set a $51.00 target price on shares of Williams Companies in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $53.29.

Williams Companies Stock Down 1.7 %

Shares of NYSE WMB opened at $57.44 on Friday. The Williams Companies, Inc. has a 12 month low of $34.26 and a 12 month high of $61.46. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $70.01 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 5.01 and a beta of 1.04. The business has a 50-day moving average of $56.15 and a 200-day moving average of $52.18.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Sell-side analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.50 dividend. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 3.48%. Williams Companies’s payout ratio is presently 103.83%.

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.