The Williams Companies, Inc. (NYSE:WMB) Stock Position Decreased by Avior Wealth Management LLC

Avior Wealth Management LLC lessened its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 6.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 22,146 shares of the pipeline company’s stock after selling 1,597 shares during the period. Avior Wealth Management LLC’s holdings in Williams Companies were worth $771,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WMB. Moneta Group Investment Advisors LLC grew its position in shares of Williams Companies by 96,588.4% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company’s stock valued at $2,086,641,000 after buying an additional 63,358,143 shares during the last quarter. Norges Bank acquired a new position in Williams Companies during the 4th quarter valued at about $292,176,000. Royal Bank of Canada boosted its stake in Williams Companies by 85.8% during the 1st quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock valued at $546,327,000 after purchasing an additional 7,551,749 shares during the period. Price T Rowe Associates Inc. MD boosted its stake in Williams Companies by 200.1% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 5,286,535 shares of the pipeline company’s stock valued at $164,993,000 after purchasing an additional 3,525,097 shares during the period. Finally, Wellington Management Group LLP boosted its stake in Williams Companies by 35.1% during the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock valued at $321,867,000 after purchasing an additional 2,482,331 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 0.1 %

Shares of NYSE:WMB opened at $37.68 on Thursday. The company has a 50 day moving average of $36.79 and a 200-day moving average of $35.63. The firm has a market cap of $45.91 billion, a P/E ratio of 14.38, a P/E/G ratio of 5.89 and a beta of 1.05. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.76. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same period in the prior year, the company posted $0.53 EPS. As a group, analysts anticipate that The Williams Companies, Inc. will post 1.83 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 5.04%. Williams Companies’s payout ratio is currently 72.52%.

Wall Street Analyst Weigh In

WMB has been the subject of a number of analyst reports. Truist Financial boosted their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. Barclays boosted their target price on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. Finally, UBS Group boosted their target price on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, April 12th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $39.00.

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.