The Williams Companies, Inc. (NYSE:WMB) Shares Bought by Csenge Advisory Group

Csenge Advisory Group lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 11.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,097 shares of the pipeline company's stock after purchasing an additional 5,614 shares during the period. Csenge Advisory Group's holdings in Williams Companies were worth $3,036,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of WMB. Creative Planning increased its stake in shares of Williams Companies by 9.9% during the third quarter. Creative Planning now owns 199,046 shares of the pipeline company's stock worth $9,086,000 after acquiring an additional 17,983 shares during the period. Vontobel Holding Ltd. boosted its holdings in Williams Companies by 1.6% during the third quarter. Vontobel Holding Ltd. now owns 21,590 shares of the pipeline company's stock worth $986,000 after buying an additional 347 shares in the last quarter. V Square Quantitative Management LLC boosted its holdings in Williams Companies by 8.2% during the third quarter. V Square Quantitative Management LLC now owns 22,829 shares of the pipeline company's stock worth $1,042,000 after buying an additional 1,729 shares in the last quarter. Precedent Wealth Partners LLC boosted its holdings in Williams Companies by 8.5% during the third quarter. Precedent Wealth Partners LLC now owns 9,269 shares of the pipeline company's stock worth $423,000 after buying an additional 729 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Williams Companies by 6.7% during the third quarter. Blue Trust Inc. now owns 13,159 shares of the pipeline company's stock worth $559,000 after buying an additional 830 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

WMB has been the topic of a number of research analyst reports. Barclays boosted their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the stock an "equal weight" rating in a report on Friday, January 10th. The Goldman Sachs Group boosted their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research report on Tuesday, November 26th. UBS Group boosted their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Truist Financial boosted their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Finally, Mizuho boosted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an "outperform" rating in a research report on Monday, November 4th. 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 company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $53.29.

Williams Companies Trading Up 0.3 %

Shares of WMB stock traded up $0.19 during mid-day trading on Thursday, reaching $58.46. The company's stock had a trading volume of 6,417,482 shares, compared to its average volume of 7,606,994. The company's 50 day simple moving average is $56.02 and its 200-day simple moving average is $52.03. The Williams Companies, Inc. has a 12-month low of $34.13 and a 12-month high of $61.46. 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 firm has a market capitalization of $71.27 billion, a PE ratio of 31.95, a price-to-earnings-growth ratio of 5.10 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 EPS for the quarter, meeting 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, research analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors 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 yield of 3.42%. This is a positive change from Williams Companies's previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. Williams Companies's dividend payout ratio (DPR) is presently 103.83%.

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.