630,110 Shares in The Williams Companies, Inc. (NYSE:WMB) Bought by Clean Energy Transition LLP

Clean Energy Transition LLP purchased a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 630,110 shares of the pipeline company's stock, valued at approximately $34,102,000. Williams Companies makes up about 1.3% of Clean Energy Transition LLP's portfolio, making the stock its 8th biggest holding. Clean Energy Transition LLP owned 0.05% of Williams Companies at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in WMB. Board of the Pension Protection Fund purchased a new position in Williams Companies during the fourth quarter worth about $720,000. Foundations Investment Advisors LLC lifted its position in shares of Williams Companies by 13.8% during the 4th quarter. Foundations Investment Advisors LLC now owns 162,799 shares of the pipeline company's stock worth $8,811,000 after buying an additional 19,782 shares in the last quarter. Golden State Equity Partners boosted its stake in shares of Williams Companies by 319.9% in the 4th quarter. Golden State Equity Partners now owns 12,038 shares of the pipeline company's stock worth $651,000 after buying an additional 9,171 shares during the last quarter. Cornerstone Wealth Group LLC grew its holdings in shares of Williams Companies by 81.4% in the fourth quarter. Cornerstone Wealth Group LLC now owns 185,920 shares of the pipeline company's stock valued at $10,062,000 after acquiring an additional 83,429 shares in the last quarter. Finally, Myriad Asset Management US LP purchased a new stake in shares of Williams Companies during the fourth quarter valued at approximately $995,000. Institutional investors and hedge funds own 86.44% of the company's stock.

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Analyst Ratings Changes

Several research analysts have weighed in on WMB shares. CIBC upped their price objective on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research note on Tuesday, March 4th. Scotiabank raised their price objective on shares of Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a report on Thursday, March 6th. Morgan Stanley boosted their target price on shares of Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. Royal Bank of Canada raised their price target on shares of Williams Companies from $62.00 to $63.00 and gave the stock an "outperform" rating in a research note on Tuesday, March 4th. Finally, Barclays increased their price objective on Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a report on Friday, March 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, Williams Companies has a consensus rating of "Hold" and a consensus price target of $56.07.

Williams Companies Price Performance

Shares of WMB traded up $1.16 during midday trading on Tuesday, hitting $58.52. 5,439,294 shares of the company traded hands, compared to its average volume of 6,649,515. The Williams Companies, Inc. has a one year low of $37.18 and a one year high of $61.67. The firm has a market cap of $71.35 billion, a P/E ratio of 31.98, a PEG ratio of 5.01 and a beta of 0.87. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The stock has a 50-day moving average of $57.22 and a 200-day moving average of $55.59.

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

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 14th were paid 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 3.42%. The ex-dividend date was Friday, March 14th. Williams Companies's dividend payout ratio is currently 109.29%.

Insider Buying and Selling at Williams Companies

In other news, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction on Friday, March 7th. The shares were sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the sale, the chief operating officer now directly owns 714,693 shares of the company's stock, valued at approximately $37,907,316.72. The trade was a 11.92 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Larry C. Larsen sold 8,000 shares of the stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the completion of the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. This represents a 8.96 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 139,583 shares of company stock valued at $7,563,278 in the last 90 days. Corporate insiders own 0.44% of the company's stock.

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.