Signaturefd LLC Has $883,000 Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Signaturefd LLC lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 3.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,363 shares of the pipeline company’s stock after purchasing an additional 774 shares during the quarter. Signaturefd LLC’s holdings in Williams Companies were worth $883,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Rheos Capital Works Inc. raised its stake in shares of Williams Companies by 59.0% in the 4th quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock valued at $22,988,000 after purchasing an additional 245,000 shares during the period. Autumn Glory Partners LLC boosted its holdings in Williams Companies by 28.1% during 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 last quarter. Wellington Management Group LLP boosted its holdings in Williams Companies by 35.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after buying an additional 2,482,331 shares during the period. Bahl & Gaynor Inc. increased its stake 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 valued at $220,506,000 after acquiring an additional 2,040,993 shares during the last quarter. Finally, International Assets Investment Management LLC boosted its holdings in shares of Williams Companies by 3,338.2% during 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. 86.44% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

WMB has been the topic of a number of analyst reports. Truist Financial upped their price target on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. UBS Group increased their price objective 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. Barclays boosted their target price 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. Finally, Wolfe Research restated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $39.22.

Williams Companies Price Performance

NYSE WMB opened at $38.66 on Tuesday. The Williams Companies, Inc. has a one year low of $28.27 and a one year high of $39.76. The stock has a 50-day moving average of $37.03 and a 200 day moving average of $35.76. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. The company has a market capitalization of $47.10 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 6.02 and a beta of 1.04.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share 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 business earned $0.53 earnings per share. On average, sell-side analysts forecast that The Williams Companies, Inc. will post 1.83 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 4.91%. Williams Companies’s dividend payout ratio is currently 72.52%.

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.