The Williams Companies, Inc. (NYSE:WMB) Stock Holdings Increased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC increased its holdings in The Williams Companies, Inc. (NYSE:WMBFree Report) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,026 shares of the pipeline company’s stock after purchasing an additional 387 shares during the quarter. Verdence Capital Advisors LLC’s holdings in Williams Companies were worth $1,429,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Moneta Group Investment Advisors LLC raised its holdings in shares of Williams Companies by 96,588.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company’s stock worth $2,086,641,000 after purchasing an additional 63,358,143 shares in the last quarter. Morgan Stanley raised its holdings in shares of Williams Companies by 0.7% in the 4th quarter. Morgan Stanley now owns 19,750,630 shares of the pipeline company’s stock worth $649,796,000 after purchasing an additional 136,216 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Williams Companies by 85.8% in the 1st quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock worth $546,327,000 after purchasing an additional 7,551,749 shares in the last quarter. Northern Trust Corp increased its position in shares of Williams Companies by 8.1% in the third quarter. Northern Trust Corp now owns 14,455,063 shares of the pipeline company’s stock worth $486,991,000 after acquiring an additional 1,089,150 shares in the last quarter. Finally, Federated Hermes Inc. increased its position in shares of Williams Companies by 7.3% in the third quarter. Federated Hermes Inc. now owns 13,628,627 shares of the pipeline company’s stock worth $459,148,000 after acquiring an additional 921,537 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 2.5 %

WMB traded up $0.93 on Friday, reaching $38.51. 6,745,976 shares of the company traded hands, compared to its average volume of 6,401,590. The stock’s 50 day moving average price is $36.95 and its 200-day moving average price is $35.70. The Williams Companies, Inc. has a 52-week low of $28.27 and a 52-week high of $39.76. The company has a market cap of $46.92 billion, a price-to-earnings ratio of 14.70, a PEG ratio of 6.02 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73.

Williams Companies (NYSE:WMBGet Free Report) last announced its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating 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 quarter in the prior year, the firm earned $0.53 EPS. On average, sell-side analysts expect that The Williams Companies, Inc. will post 1.83 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.93%. Williams Companies’s payout ratio is 72.52%.

Wall Street Analyst Weigh In

WMB has been the topic of several analyst reports. Wolfe Research reissued an “underperform” rating and issued a $34.00 target price on shares of Williams Companies in a research report on Thursday. UBS Group lifted their target price on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. Truist Financial lifted their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. Finally, Barclays lifted their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $39.22.

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Williams Companies Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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