AMG National Trust Bank Acquires 186 Shares of The Williams Companies, Inc. (NYSE:WMB)

AMG National Trust Bank lifted its holdings in The Williams Companies, Inc. (NYSE:WMB) by 0.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,813 shares of the pipeline company’s stock after purchasing an additional 186 shares during the quarter. AMG National Trust Bank’s holdings in Williams Companies were worth $1,669,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Quent Capital LLC bought a new stake in Williams Companies during the 4th quarter worth about $25,000. Bank of Jackson Hole Trust acquired a new stake in shares of Williams Companies in the fourth quarter valued at about $25,000. AlphaMark Advisors LLC bought a new stake in Williams Companies during the fourth quarter worth about $27,000. Legacy Investment Solutions LLC acquired a new position in Williams Companies during the third quarter valued at approximately $30,000. Finally, Financial Life Planners bought a new position in Williams Companies in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Down 0.4 %

WMB stock opened at $54.37 on Friday. The business’s fifty day moving average price is $56.70 and its two-hundred day moving average price is $53.08. The stock has a market capitalization of $66.30 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 5.01 and a beta of 1.03. The Williams Companies, Inc. has a fifty-two week low of $35.78 and a fifty-two week high of $61.46. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. On average, equities analysts anticipate that The Williams Companies, Inc. will post 2.08 earnings per share for the current 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 paid a $0.50 dividend. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. 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. Williams Companies’s payout ratio is 109.29%.

Insider Buying and Selling

In other news, CAO Mary A. Hausman sold 8,896 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total value of $511,520.00. Following the completion of the transaction, the chief accounting officer now directly owns 22,339 shares in the company, valued at approximately $1,284,492.50. The trade was a 28.48 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Chad A. Teply sold 26,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the sale, 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 disclosure for this sale can be found here. 0.44% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on WMB shares. CIBC increased their price objective on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial lifted their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, February 14th. The Goldman Sachs Group boosted their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Finally, Scotiabank boosted their price target on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research report on Thursday. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $55.07.

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.