180 Wealth Advisors LLC Raises Stake in The Williams Companies, Inc. (NYSE:WMB)

180 Wealth Advisors LLC increased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 9.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,270 shares of the pipeline company’s stock after purchasing an additional 703 shares during the period. 180 Wealth Advisors LLC’s holdings in Williams Companies were worth $322,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Patten Group Inc. lifted its holdings in Williams Companies by 1.3% in the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock worth $832,000 after purchasing an additional 296 shares in the last quarter. Insigneo Advisory Services LLC grew its holdings in shares of Williams Companies by 2.9% in the third quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock valued at $353,000 after purchasing an additional 298 shares in the last quarter. Graypoint LLC grew its stake in shares of Williams Companies by 2.6% in the 4th quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock worth $427,000 after buying an additional 307 shares in the last quarter. Lantz Financial LLC grew its stake in shares of Williams Companies by 3.6% in the 1st quarter. Lantz Financial LLC now owns 9,082 shares of the pipeline company’s stock worth $354,000 after buying an additional 316 shares in the last quarter. Finally, Integrated Advisors Network LLC raised its position in shares of Williams Companies by 3.9% during the 3rd quarter. Integrated Advisors Network LLC now owns 8,553 shares of the pipeline company’s stock valued at $288,000 after buying an additional 324 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Debbie L. Pickle sold 38,200 shares of the firm’s stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $39.61, for a total value of $1,513,102.00. Following the sale, the senior vice president now directly owns 60,410 shares in the company, valued at approximately $2,392,840.10. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Stock Up 0.4 %

Shares of WMB traded up $0.18 during mid-day trading on Friday, hitting $42.42. The company’s stock had a trading volume of 1,115,553 shares, compared to its average volume of 6,664,450. The firm has a market capitalization of $51.70 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 6.63 and a beta of 1.05. The company’s 50-day moving average is $40.43 and its 200-day moving average is $37.47. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 1.62. The Williams Companies, Inc. has a 52-week low of $31.98 and a 52-week high of $43.22.

Williams Companies (NYSE:WMB) last posted its earnings results on Monday, May 6th. The pipeline company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.10. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.69 billion. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. Williams Companies’s revenue was down 10.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.56 earnings per share. On average, equities research analysts forecast that The Williams Companies, Inc. will post 1.85 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 24th. Shareholders of record on Friday, June 7th were paid a $0.475 dividend. The ex-dividend date of this dividend was Friday, June 7th. This represents a $1.90 annualized dividend and a yield of 4.48%. Williams Companies’s dividend payout ratio (DPR) is presently 79.83%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WMB shares. Barclays raised their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. Truist Financial upped their target price on Williams Companies from $40.00 to $42.00 and gave the company a “hold” rating in a research note on Tuesday, June 18th. Morgan Stanley upped their price objective on Williams Companies from $45.00 to $48.00 and gave the company an “equal weight” rating in a research report on Monday, June 10th. US Capital Advisors downgraded Williams Companies from an “overweight” rating to a “hold” rating in a research report on Monday, April 29th. Finally, CIBC upped their price target on shares of Williams Companies from $38.00 to $39.00 and gave the stock a “neutral” rating in a report on Wednesday, May 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven 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 $41.42.

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.