The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Autumn Glory Partners LLC

Autumn Glory Partners LLC decreased its holdings in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 29.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,584 shares of the pipeline company's stock after selling 37,113 shares during the quarter. Williams Companies accounts for about 2.4% of Autumn Glory Partners LLC's portfolio, making the stock its 7th largest holding. Autumn Glory Partners LLC's holdings in Williams Companies were worth $4,794,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of WMB. Creative Planning raised its stake in Williams Companies by 9.9% in the third quarter. Creative Planning now owns 199,046 shares of the pipeline company's stock valued at $9,086,000 after purchasing an additional 17,983 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in Williams Companies by 25.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 9,709 shares of the pipeline company's stock valued at $443,000 after buying an additional 1,976 shares during the period. Vontobel Holding Ltd. raised its position in shares of Williams Companies by 1.6% in the 3rd quarter. Vontobel Holding Ltd. now owns 21,590 shares of the pipeline company's stock valued at $986,000 after buying an additional 347 shares in the last quarter. Teamwork Financial Advisors LLC lifted its holdings in shares of Williams Companies by 2,955.2% during the 3rd quarter. Teamwork Financial Advisors LLC now owns 278,974 shares of the pipeline company's stock worth $12,735,000 after acquiring an additional 269,843 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Williams Companies by 115.5% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 565,663 shares of the pipeline company's stock worth $25,823,000 after acquiring an additional 303,168 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

Williams Companies Trading Up 0.8 %

Shares of NYSE WMB traded up $0.45 during midday trading on Wednesday, reaching $58.25. The stock had a trading volume of 7,502,611 shares, compared to its average volume of 7,644,162. The company's 50 day moving average price is $55.97 and its 200 day moving average price is $51.98. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50. The Williams Companies, Inc. has a twelve month low of $33.85 and a twelve month high of $61.46. The firm has a market cap of $71.01 billion, a price-to-earnings ratio of 31.83, a price-to-earnings-growth ratio of 5.07 and a beta of 1.04.

Williams Companies (NYSE:WMB - Get Free Report) last issued 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 return on equity of 15.85% and a net margin of 21.17%. As a group, sell-side analysts expect that The Williams Companies, Inc. will post 2.06 EPS for the current year.

Williams Companies Increases Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on WMB shares. The Goldman Sachs Group raised their target price on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, November 26th. Truist Financial raised their price objective on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, February 14th. CIBC boosted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a "neutral" rating in a research note on Tuesday, October 22nd. Scotiabank restated a "sector perform" rating and issued a $51.00 price target on shares of Williams Companies in a research note on Friday, January 10th. Finally, UBS Group lifted their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a report on Friday, November 15th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $53.29.

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.