38,099 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by Quantbot Technologies LP

Quantbot Technologies LP purchased a new position in The Williams Companies, Inc. (NYSE:WMB) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 38,099 shares of the pipeline company’s stock, valued at approximately $2,062,000.

Other large investors also recently added to or reduced their stakes in the company. Quent Capital LLC purchased a new position in Williams Companies in the 4th quarter worth approximately $25,000. Bank of Jackson Hole Trust purchased a new position in Williams Companies in the 4th quarter worth approximately $25,000. AlphaMark Advisors LLC purchased a new position in Williams Companies in the 4th quarter worth approximately $27,000. Sandy Spring Bank purchased a new stake in shares of Williams Companies during the 4th quarter worth approximately $27,000. Finally, Compass Planning Associates Inc purchased a new stake in shares of Williams Companies during the 4th quarter worth approximately $30,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CAO Mary A. Hausman sold 8,896 shares of the firm’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total transaction of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares in the company, valued at approximately $1,284,492.50. This trade represents a 28.48 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the transaction, the senior vice president now owns 133,048 shares in the company, valued at $7,511,890.08. This trade represents a 16.35 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 139,583 shares of company stock worth $7,563,278. Company insiders own 0.44% of the company’s stock.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $59.60 on Monday. The stock’s fifty day moving average is $57.09 and its two-hundred day moving average is $54.05. The company has a market capitalization of $72.67 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 52 week low of $37.18 and a 52 week high of $61.46.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. As a group, analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.36%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is currently 109.29%.

Wall Street Analysts Forecast Growth

WMB has been the topic of several recent research reports. Truist Financial upped their price objective on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. The Goldman Sachs Group upped their price objective on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Scotiabank upped their price objective on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a report on Thursday, March 6th. Citigroup upped their price objective on Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Finally, CIBC upped their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a “neutral” rating in a report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $55.21.

Williams Companies Company 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.