18,381 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by Myriad Asset Management US LP

Myriad Asset Management US LP purchased a new position in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 18,381 shares of the pipeline company's stock, valued at approximately $995,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Quent Capital LLC purchased a new position in shares of Williams Companies during the 4th quarter valued at $25,000. AlphaMark Advisors LLC purchased a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Legacy Investment Solutions LLC purchased a new position in shares of Williams Companies during the third quarter valued at approximately $30,000. Financial Life Planners purchased a new position in Williams Companies in the fourth quarter worth about $30,000. Finally, SOA Wealth Advisors LLC. bought a new position in shares of Williams Companies in the fourth quarter worth about $32,000. Institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on WMB shares. CIBC lifted their target price on Williams Companies from $45.00 to $54.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. Truist Financial lifted their target price on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Barclays boosted their price target on Williams Companies from $46.00 to $56.00 and gave the stock an "equal weight" rating in a research report on Friday, January 10th. UBS Group boosted their price target on Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, November 15th. Finally, The Goldman Sachs Group upped their price target on Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a report on Tuesday, November 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $53.29.

Williams Companies Price Performance

Shares of NYSE:WMB traded up $0.45 during trading on Wednesday, hitting $58.25. 7,502,611 shares of the stock were exchanged, compared to its average volume of 7,644,162. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 12-month low of $33.85 and a 12-month high of $61.46. The company has a market cap of $71.01 billion, a PE ratio of 31.83, a P/E/G ratio of 5.07 and a beta of 1.04. The company has a fifty day moving average price of $55.97 and a two-hundred day moving average price of $51.98.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share 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, analysts forecast that The Williams Companies, Inc. will post 2.06 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a dividend of $0.50 per share. This is a positive change from Williams Companies's previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a yield of 3.43%. Williams Companies's dividend payout ratio is 103.83%.

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.