Williams Companies, Inc. (The) (NYSE:WMB) Shares Bought by Sfmg LLC

Sfmg LLC grew its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 4.9% in the first quarter, according to its most recent filing with the SEC. The fund owned 16,825 shares of the pipeline company’s stock after acquiring an additional 781 shares during the period. Sfmg LLC’s holdings in Williams Companies were worth $1,005,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Menard Financial Group LLC acquired a new stake in shares of Williams Companies during the 4th quarter valued at $26,000. HWG Holdings LP acquired a new stake in Williams Companies during the 1st quarter valued at $26,000. Iron Horse Wealth Management LLC raised its stake in Williams Companies by 4,490.9% during the 1st quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company’s stock valued at $30,000 after purchasing an additional 494 shares during the period. Abound Financial LLC acquired a new stake in Williams Companies during the 1st quarter valued at $32,000. Finally, Hughes Financial Services LLC acquired a new stake in Williams Companies during the 1st quarter valued at $32,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Up 0.5%

Shares of NYSE:WMB opened at $60.27 on Monday. The company has a market cap of $73.49 billion, a P/E ratio of 32.23, a P/E/G ratio of 2.00 and a beta of 0.66. The stock’s 50-day moving average is $59.44 and its 200-day moving average is $58.28. Williams Companies, Inc. has a 52-week low of $40.41 and a 52-week high of $63.45. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. Williams Companies had a net margin of 21.18% and a return on equity of 15.95%. The business had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter last year, the company earned $0.59 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. Equities research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 12th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. The ex-dividend date is Friday, September 12th. Williams Companies’s dividend payout ratio (DPR) is presently 106.95%.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total value of $125,400.00. Following the completion of the sale, the senior vice president owned 315,645 shares in the company, valued at approximately $19,790,941.50. This trade represents a 0.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on WMB shares. Wolfe Research raised shares of Williams Companies from an “underperform” rating to a “peer perform” rating in a research note on Friday, June 13th. TD Cowen started coverage on shares of Williams Companies in a research note on Monday, July 7th. They set a “buy” rating and a $67.00 target price on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $63.00 target price on shares of Williams Companies in a research note on Tuesday, July 15th. Wells Fargo & Company boosted their target price on shares of Williams Companies from $64.00 to $67.00 and gave the company an “overweight” rating in a research note on Wednesday, May 28th. Finally, Scotiabank boosted their target price on shares of Williams Companies from $59.00 to $60.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 15th. Seven analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $61.77.

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.