Argentarii LLC Makes New $2.22 Million Investment in The Williams Companies, Inc. (NYSE:WMB)

Argentarii LLC acquired a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 40,935 shares of the pipeline company's stock, valued at approximately $2,215,000. Williams Companies makes up 1.1% of Argentarii LLC's holdings, making the stock its 22nd biggest holding.

Several other large investors have also made changes to their positions in the business. Amundi increased its holdings in shares of Williams Companies by 28.8% in the fourth quarter. Amundi now owns 8,781,963 shares of the pipeline company's stock valued at $495,215,000 after purchasing an additional 1,964,421 shares during the last quarter. Dorsey & Whitney Trust CO LLC raised its holdings in shares of Williams Companies by 10.9% during the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 6,355 shares of the pipeline company's stock worth $344,000 after acquiring an additional 627 shares during the period. Larson Financial Group LLC boosted its position in shares of Williams Companies by 70.5% during the 4th quarter. Larson Financial Group LLC now owns 103,377 shares of the pipeline company's stock valued at $5,595,000 after acquiring an additional 42,751 shares during the last quarter. Machina Capital S.A.S. purchased a new stake in shares of Williams Companies in the fourth quarter valued at about $576,000. Finally, AMG National Trust Bank grew its holdings in shares of Williams Companies by 0.6% in the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock valued at $1,669,000 after purchasing an additional 186 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

WMB has been the topic of several recent analyst reports. Truist Financial boosted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. Royal Bank of Canada upped their price objective on Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a report on Tuesday, March 4th. CIBC raised their target price on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 4th. The Goldman Sachs Group upped their price target on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research note on Tuesday, November 26th. Finally, Scotiabank raised their price objective on Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 6th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company's stock. Based on data from MarketBeat, Williams Companies currently has a consensus rating of "Hold" and a consensus target price of $55.07.

Insider Buying and Selling at Williams Companies

In other news, COO Micheal G. Dunn sold 96,687 shares of the company's stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the transaction, the chief operating officer now directly owns 714,693 shares of the company's stock, valued at approximately $37,907,316.72. This represents a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Larry C. Larsen sold 8,000 shares of the firm's stock in a transaction dated Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total value of $455,520.00. Following the sale, the senior vice president now directly owns 81,265 shares in the company, valued at $4,627,229.10. This trade represents a 8.96 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 139,583 shares of company stock valued at $7,563,278. Insiders own 0.44% of the company's stock.

Williams Companies Stock Down 0.4 %

Williams Companies stock traded down $0.23 during mid-day trading on Thursday, reaching $56.08. 7,911,715 shares of the company's stock were exchanged, compared to its average volume of 7,903,958. 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 twelve month low of $36.56 and a twelve month high of $61.46. The company has a market cap of $68.38 billion, a P/E ratio of 30.64, a P/E/G ratio of 5.01 and a beta of 1.03. The company has a fifty day moving average of $56.76 and a 200-day moving average of $53.35.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (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%. Sell-side analysts expect that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be given a $0.50 dividend. The ex-dividend date is Friday, March 14th. This is an increase from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.57%. Williams Companies's dividend payout ratio is currently 109.29%.

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.