Sigma Planning Corp Has $1.72 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Sigma Planning Corp lifted its holdings in The Williams Companies, Inc. (NYSE:WMB) by 9.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,733 shares of the pipeline company’s stock after buying an additional 2,811 shares during the quarter. Sigma Planning Corp’s holdings in Williams Companies were worth $1,717,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WMB. Board of the Pension Protection Fund acquired a new position in Williams Companies in the 4th quarter worth $720,000. Foundations Investment Advisors LLC boosted its stake in Williams Companies by 13.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 162,799 shares of the pipeline company’s stock worth $8,811,000 after purchasing an additional 19,782 shares during the period. Cornerstone Wealth Group LLC grew its holdings in shares of Williams Companies by 81.4% during the fourth quarter. Cornerstone Wealth Group LLC now owns 185,920 shares of the pipeline company’s stock worth $10,062,000 after buying an additional 83,429 shares in the last quarter. Golden State Equity Partners raised its position in Williams Companies by 319.9% in the 4th quarter. Golden State Equity Partners now owns 12,038 shares of the pipeline company’s stock valued at $651,000 after buying an additional 9,171 shares during the last quarter. Finally, Myriad Asset Management US LP bought a new stake in Williams Companies in the 4th quarter valued at approximately $995,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Barclays raised their price target on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. Mizuho lifted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Monday, November 4th. Truist Financial boosted their price target on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. The Goldman Sachs Group raised their price objective on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Finally, UBS Group upped their target price on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One equities research 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $53.29.

Williams Companies Trading Down 1.7 %

Shares of Williams Companies stock opened at $57.44 on Monday. The business has a fifty day simple moving average of $56.15 and a two-hundred day simple moving average of $52.31. The Williams Companies, Inc. has a 1 year low of $34.26 and a 1 year high of $61.46. The company has a market capitalization of $70.01 billion, a price-to-earnings ratio of 31.39, a P/E/G ratio of 5.01 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45.

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

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be issued a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 3.48%. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio (DPR) is presently 103.83%.

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.