The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Mosley Wealth Management

Mosley Wealth Management raised its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 2.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,540 shares of the pipeline company’s stock after purchasing an additional 451 shares during the period. Mosley Wealth Management’s holdings in Williams Companies were worth $1,026,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP lifted its stake in Williams Companies by 19.0% during the third quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock valued at $1,631,288,000 after purchasing an additional 5,697,605 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Williams Companies by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock worth $1,398,004,000 after purchasing an additional 520,663 shares in the last quarter. Amundi raised its position in Williams Companies by 28.8% during the fourth quarter. Amundi now owns 8,781,963 shares of the pipeline company’s stock valued at $495,215,000 after acquiring an additional 1,964,421 shares in the last quarter. Bahl & Gaynor Inc. lifted its stake in shares of Williams Companies by 2.9% in the 4th quarter. Bahl & Gaynor Inc. now owns 8,425,933 shares of the pipeline company’s stock valued at $456,012,000 after purchasing an additional 234,423 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Williams Companies by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,405,951 shares of the pipeline company’s stock worth $400,810,000 after acquiring an additional 166,741 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other Williams Companies news, CAO Mary A. Hausman sold 8,896 shares of the firm’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now directly owns 22,339 shares of the company’s stock, valued at approximately $1,284,492.50. This trade represents a 28.48 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Larry C. Larsen sold 8,000 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the completion of the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. This trade represents a 8.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 139,583 shares of company stock valued at $7,563,278. 0.44% of the stock is currently owned by insiders.

Williams Companies Price Performance

Shares of WMB stock opened at $59.60 on Friday. 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 $72.67 billion, a price-to-earnings ratio of 32.57, a PEG ratio of 5.01 and a beta of 1.03. The firm’s 50 day moving average is $57.09 and its 200-day moving average is $53.99. The Williams Companies, Inc. has a 1 year low of $37.18 and a 1 year high of $61.46.

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

Williams Companies Increases Dividend

The company also recently disclosed 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 represents a $2.00 dividend on an annualized basis and a yield of 3.36%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. Williams Companies’s dividend payout ratio (DPR) is presently 109.29%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Royal Bank of Canada boosted their price objective on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 4th. CIBC upped their price target on shares of Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday, March 4th. Scotiabank raised their price target on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a research report on Thursday, March 6th. Citigroup increased their target price on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Finally, Truist Financial lifted their price target on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $55.21.

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.