Atria Wealth Solutions Inc. Purchases 8,559 Shares of The Williams Companies, Inc. (NYSE:WMB)

Atria Wealth Solutions Inc. lifted its holdings in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 16.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,229 shares of the pipeline company's stock after buying an additional 8,559 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Williams Companies were worth $3,206,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Quent Capital LLC bought a new stake in Williams Companies during the 4th quarter worth about $25,000. AlphaMark Advisors LLC bought a new stake in Williams Companies during the 4th quarter worth about $27,000. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies during the 3rd quarter worth about $30,000. Financial Life Planners acquired a new position in shares of Williams Companies during the 4th quarter worth about $30,000. Finally, SOA Wealth Advisors LLC. acquired a new position in shares of Williams Companies during the 4th quarter worth about $32,000. 86.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Mizuho boosted their target price on Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. The Goldman Sachs Group boosted their target price on Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 26th. Scotiabank restated a "sector perform" rating and set a $51.00 target price on shares of Williams Companies in a research report on Friday, January 10th. Truist Financial boosted their target price on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Finally, Barclays boosted their target price 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. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $53.29.

Williams Companies Stock Down 1.7 %

Shares of WMB traded down $1.02 during trading hours on Friday, reaching $57.44. The stock had a trading volume of 11,081,263 shares, compared to its average volume of 7,709,167. The Williams Companies, Inc. has a 12 month low of $34.26 and a 12 month high of $61.46. The firm has a 50-day simple moving average of $56.09 and a 200 day simple moving average of $52.07. 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 company has a market capitalization of $70.01 billion, a price-to-earnings ratio of 31.39, a P/E/G ratio of 5.00 and a beta of 1.04.

Williams Companies (NYSE:WMB - Get Free Report) last issued its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Equities research analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.50 dividend. This is a positive change from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 3.48%. The ex-dividend date is Friday, March 14th. Williams Companies's dividend payout ratio is presently 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.