7,357 Shares in The Williams Companies, Inc. (NYSE:WMB) Bought by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC acquired a new position in The Williams Companies, Inc. (NYSE:WMB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,357 shares of the pipeline company’s stock, valued at approximately $256,000.

Other large investors have also recently bought and sold shares of the company. Rheos Capital Works Inc. boosted its holdings in Williams Companies by 59.0% in the fourth quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock worth $22,988,000 after purchasing an additional 245,000 shares in the last quarter. Autumn Glory Partners LLC boosted its holdings in 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 period. Wellington Management Group LLP boosted its holdings in Williams Companies by 35.1% during the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock valued at $321,867,000 after acquiring an additional 2,482,331 shares during the period. Bahl & Gaynor Inc. boosted its holdings in Williams Companies by 45.3% during the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after acquiring an additional 2,040,993 shares during the period. Finally, International Assets Investment Management LLC boosted its holdings in Williams Companies by 3,338.2% during the fourth quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock valued at $12,264,000 after acquiring an additional 341,863 shares during the period. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 0.4 %

Shares of WMB opened at $38.66 on Tuesday. The company has a 50-day simple moving average of $37.03 and a 200-day simple moving average of $35.76. The firm has a market capitalization of $47.10 billion, a P/E ratio of 14.76, a P/E/G ratio of 6.02 and a beta of 1.04. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. 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 posted its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same period last year, the firm earned $0.53 earnings per share. On average, equities research analysts expect that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.91%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. UBS Group upped their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Barclays upped their price target on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Truist Financial upped their price target on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. Finally, Wolfe Research restated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Williams Companies has an average rating of “Hold” and a consensus target price of $39.22.

Williams Companies 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.