Integrated Advisors Network LLC Purchases 437 Shares of The Williams Companies, Inc. (NYSE:WMB)

Integrated Advisors Network LLC grew its position in The Williams Companies, Inc. (NYSE:WMB) by 5.1% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 8,990 shares of the pipeline company’s stock after acquiring an additional 437 shares during the period. Integrated Advisors Network LLC’s holdings in Williams Companies were worth $313,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. QRG Capital Management Inc. bought a new position in Williams Companies during the 3rd quarter worth $850,000. UniSuper Management Pty Ltd raised its position in Williams Companies by 538.6% during the 3rd quarter. UniSuper Management Pty Ltd now owns 55,554 shares of the pipeline company’s stock worth $1,872,000 after purchasing an additional 46,854 shares during the last quarter. Acadian Asset Management LLC raised its position in Williams Companies by 6.9% during the 3rd quarter. Acadian Asset Management LLC now owns 37,435 shares of the pipeline company’s stock worth $1,261,000 after purchasing an additional 2,416 shares during the last quarter. Clear Street Markets LLC raised its position in Williams Companies by 5,035.0% during the 3rd quarter. Clear Street Markets LLC now owns 81,800 shares of the pipeline company’s stock worth $2,756,000 after purchasing an additional 80,207 shares during the last quarter. Finally, Dark Forest Capital Management LP raised its position in Williams Companies by 131.8% during the 3rd quarter. Dark Forest Capital Management LP now owns 15,236 shares of the pipeline company’s stock worth $513,000 after purchasing an additional 8,663 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Price Performance

WMB stock opened at $41.83 on Wednesday. The company has a market capitalization of $50.98 billion, a P/E ratio of 17.58, a price-to-earnings-growth ratio of 6.46 and a beta of 1.05. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.48 and a current ratio of 0.52. The Williams Companies, Inc. has a 52-week low of $30.24 and a 52-week high of $41.94. The business has a 50-day simple moving average of $39.91 and a two-hundred day simple moving average of $37.20.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, May 6th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.10. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.69 billion. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The company’s quarterly revenue was down 10.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.56 EPS. Research analysts expect that The Williams Companies, Inc. will post 1.85 EPS for the current fiscal year.

Williams Companies Dividend Announcement

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. The ex-dividend date is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.54%. Williams Companies’s payout ratio is presently 79.83%.

Insider Transactions at Williams Companies

In related news, SVP Debbie L. Pickle sold 38,200 shares of Williams Companies stock in a transaction that occurred on Thursday, May 9th. The shares were sold at an average price of $39.61, for a total value of $1,513,102.00. Following the sale, the senior vice president now owns 60,410 shares of the company’s stock, valued at approximately $2,392,840.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the subject of several analyst reports. CIBC raised their target price on Williams Companies from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. StockNews.com raised Williams Companies from a “hold” rating to a “buy” rating in a research report on Friday, June 14th. Truist Financial lifted their price objective on Williams Companies from $40.00 to $42.00 and gave the stock a “hold” rating in a research report on Tuesday. Morgan Stanley lifted their price objective on Williams Companies from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Monday, June 10th. Finally, Barclays lifted their price objective on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $41.42.

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.