The Williams Companies, Inc. (NYSE:WMB) Shares Acquired by Advisor OS LLC

Advisor OS LLC lifted its stake in The Williams Companies, Inc. (NYSE:WMB) by 11.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 24,328 shares of the pipeline company’s stock after purchasing an additional 2,404 shares during the quarter. Advisor OS LLC’s holdings in Williams Companies were worth $1,317,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in WMB. Wellington Management Group LLP grew its holdings in Williams Companies by 19.0% in the 3rd quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock valued at $1,631,288,000 after buying an additional 5,697,605 shares in the last quarter. Geode Capital Management LLC raised its position in Williams Companies by 1.7% in the third quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock valued at $1,398,004,000 after purchasing an additional 520,663 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Williams Companies by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,239,210 shares of the pipeline company’s stock worth $330,470,000 after purchasing an additional 67,016 shares in the last quarter. Swiss National Bank boosted its holdings in Williams Companies by 0.3% during the 3rd quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after acquiring an additional 9,800 shares during the period. Finally, Barclays PLC boosted its stake in shares of Williams Companies by 3.4% in the third quarter. Barclays PLC now owns 3,271,141 shares of the pipeline company’s stock valued at $149,326,000 after purchasing an additional 108,675 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. The Goldman Sachs Group boosted their target price on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Truist Financial lifted their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Mizuho raised their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Monday, November 4th. Scotiabank reaffirmed a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a report on Friday, January 10th. Finally, UBS Group boosted their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $54.21.

Williams Companies Stock Down 2.1 %

Shares of NYSE:WMB opened at $56.13 on Wednesday. The Williams Companies, Inc. has a 12-month low of $34.54 and a 12-month high of $61.46. The stock’s 50-day moving average price is $56.26 and its two-hundred day moving average price is $52.50. 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 cap of $68.42 billion, a price-to-earnings ratio of 30.67, a PEG ratio of 5.01 and a beta of 1.05.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, 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 announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.56%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s payout ratio is presently 109.29%.

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.