The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. cut its holdings in The Williams Companies, Inc. (NYSE:WMB) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,133 shares of the pipeline company’s stock after selling 1,928 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Williams Companies were worth $1,711,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of WMB. Rheos Capital Works Inc. increased its position in Williams Companies by 59.0% during the fourth quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock worth $22,988,000 after buying an additional 245,000 shares in the last quarter. Autumn Glory Partners LLC boosted its stake in shares of Williams Companies by 28.1% during the third quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock valued at $3,625,000 after acquiring an additional 23,579 shares during the last quarter. Wellington Management Group LLP increased its position in Williams Companies by 35.1% during the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after purchasing an additional 2,482,331 shares in the last quarter. Bahl & Gaynor Inc. raised its stake in Williams Companies by 45.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after purchasing an additional 2,040,993 shares during the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in Williams Companies by 3,338.2% in the 4th quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock valued at $12,264,000 after purchasing an additional 341,863 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Trading Up 0.3 %

WMB stock traded up $0.13 during trading on Friday, reaching $38.67. 4,420,828 shares of the stock traded hands, compared to its average volume of 6,587,367. The business’s 50 day moving average price is $37.85 and its 200-day moving average price is $36.00. The firm has a market capitalization of $47.12 billion, a PE ratio of 14.76, a P/E/G ratio of 6.07 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The Williams Companies, Inc. has a 52-week low of $28.27 and a 52-week high of $39.76.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same quarter in the previous year, the company posted $0.53 earnings per share. As a group, sell-side analysts forecast that The Williams Companies, Inc. will post 1.82 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.91%. The ex-dividend date of this dividend is Friday, June 7th. Williams Companies’s dividend payout ratio is presently 72.52%.

Analyst Ratings Changes

A number of brokerages have recently commented on WMB. US Capital Advisors downgraded shares of Williams Companies from an “overweight” rating to a “hold” rating in a report on Monday, April 29th. Barclays lifted their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Truist Financial increased their price target on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Wolfe Research restated an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a report on Thursday, April 18th. Finally, UBS Group upped their target price on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, April 12th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Williams Companies presently has a consensus rating of “Hold” and a consensus target price of $39.22.

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.