Vision Financial Markets LLC Invests $465,000 in The Williams Companies, Inc. (NYSE:WMB)

Vision Financial Markets LLC bought a new position in shares of The Williams Companies, Inc. (NYSE:WMB) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 8,600 shares of the pipeline company’s stock, valued at approximately $465,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Quent Capital LLC acquired a new stake in shares of Williams Companies during the fourth quarter worth $25,000. Bank of Jackson Hole Trust purchased a new position in shares of Williams Companies during the fourth quarter valued at $25,000. AlphaMark Advisors LLC purchased a new position in shares of Williams Companies during the fourth quarter valued at $27,000. Compass Planning Associates Inc purchased a new position in shares of Williams Companies during the fourth quarter valued at $30,000. Finally, Financial Life Planners purchased a new position in shares of Williams Companies during the fourth quarter valued at $30,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $56.31 on Thursday. The Williams Companies, Inc. has a fifty-two week low of $35.74 and a fifty-two week high of $61.46. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The stock has a market capitalization of $68.66 billion, a P/E ratio of 30.77, a P/E/G ratio of 5.01 and a beta of 1.03. The business has a 50-day moving average of $56.68 and a two-hundred day moving average of $53.00.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. On average, equities research analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 3.55%. The ex-dividend date is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s payout ratio is currently 109.29%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Barclays lifted their price target on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Royal Bank of Canada lifted their price target on Williams Companies from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Tuesday. Citigroup lifted their price target on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Scotiabank restated a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a research note on Friday, January 10th. Finally, Truist Financial boosted their target price on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Williams Companies currently has an average rating of “Hold” and an average target price of $54.93.

Insider Buying and Selling

In related news, SVP Chad A. Teply sold 26,000 shares of the business’s stock in a transaction dated Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the transaction, the senior vice president now owns 133,048 shares of the company’s stock, valued at approximately $7,511,890.08. The trade was a 16.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Mary A. Hausman sold 8,896 shares of the business’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now directly owns 22,339 shares of the company’s stock, valued at $1,284,492.50. This represents a 28.48 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is owned by insiders.

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.