The Williams Companies, Inc. (NYSE:WMB) Shares Acquired by Keybank National Association OH

Keybank National Association OH increased its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,460 shares of the pipeline company’s stock after buying an additional 553 shares during the quarter. Keybank National Association OH’s holdings in Williams Companies were worth $1,216,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP grew its holdings in shares of Williams Companies by 19.0% during the third 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 during the last quarter. Geode Capital Management LLC grew its holdings in shares of Williams Companies by 1.7% during 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 buying an additional 520,663 shares during the last quarter. Bahl & Gaynor Inc. grew its holdings in shares of Williams Companies by 2.9% during the fourth quarter. Bahl & Gaynor Inc. now owns 8,425,933 shares of the pipeline company’s stock valued at $456,012,000 after buying an additional 234,423 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Williams Companies by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,405,951 shares of the pipeline company’s stock valued at $400,810,000 after buying an additional 166,741 shares during the last quarter. Finally, Swiss National Bank grew its holdings in shares of Williams Companies by 0.3% during the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after buying an additional 9,800 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

WMB has been the topic of a number of research analyst reports. Scotiabank boosted their price objective on shares of Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a report on Thursday. The Goldman Sachs Group upped their price target on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. CIBC upped their price target on shares of Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial upped their price target on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a report on Friday, February 14th. Finally, Barclays upped their price target on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $55.07.

Williams Companies Trading Down 0.4 %

WMB stock opened at $54.37 on Friday. The company’s 50-day simple moving average is $56.70 and its 200-day simple moving average is $53.08. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 52-week low of $35.78 and a 52-week high of $61.46. The firm has a market cap of $66.30 billion, a P/E ratio of 29.71, a PEG ratio of 5.01 and a beta of 1.03.

Williams Companies (NYSE:WMB) last released its quarterly earnings results 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 net margin of 21.17% and a return on equity of 15.85%. As a group, equities analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The business also recently declared 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 3.68%. The ex-dividend date of this dividend is Friday, March 14th. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is 109.29%.

Insider Buying and Selling

In related news, SVP Chad A. Teply sold 26,000 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were 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 in the company, valued at $7,511,890.08. This represents a 16.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Mary A. Hausman sold 8,896 shares of the company’s stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total transaction of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares of the company’s stock, valued at approximately $1,284,492.50. This trade represents a 28.48 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.44% of the company’s stock.

About Williams Companies

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.