2,435 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by Cetera Trust Company N.A

Cetera Trust Company N.A acquired a new position in The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,435 shares of the pipeline company’s stock, valued at approximately $85,000.

Other institutional investors have also bought and sold shares of the company. Rheos Capital Works Inc. lifted its holdings in Williams Companies by 59.0% in the fourth quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock worth $22,988,000 after purchasing an additional 245,000 shares during the period. Autumn Glory Partners LLC lifted its holdings in Williams Companies by 28.1% in the third quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock worth $3,625,000 after purchasing an additional 23,579 shares during the period. Wellington Management Group LLP lifted its holdings in Williams Companies by 35.1% in the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after purchasing an additional 2,482,331 shares during the period. Bahl & Gaynor Inc. lifted its holdings in Williams Companies by 45.3% in the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock worth $220,506,000 after purchasing an additional 2,040,993 shares during the period. Finally, International Assets Investment Management LLC lifted its holdings in Williams Companies by 3,338.2% in the fourth quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock worth $12,264,000 after purchasing an additional 341,863 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analysts Set New Price Targets

WMB has been the subject of a number of research analyst reports. Barclays upped their price target on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Wolfe Research reissued an “underperform” rating and issued a $34.00 price target on shares of Williams Companies in a report on Thursday, April 18th. UBS Group upped their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Finally, Truist Financial upped their price target on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Williams Companies currently has an average rating of “Hold” and a consensus target price of $39.22.

Williams Companies Price Performance

NYSE WMB opened at $38.66 on Tuesday. The stock’s 50-day moving average price is $37.03 and its two-hundred day moving average price is $35.76. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The company has a market cap of $47.10 billion, a PE ratio of 14.76, a PEG ratio of 6.02 and a beta of 1.04. The Williams Companies, Inc. has a 1 year low of $28.27 and a 1 year high of $39.76.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same quarter in the prior year, the firm posted $0.53 EPS. On average, analysts predict that The Williams Companies, Inc. will post 1.83 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 4.91%. Williams Companies’s payout ratio is presently 72.52%.

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.