5,421 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by DRW Securities LLC

DRW Securities LLC bought a new stake in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 5,421 shares of the pipeline company's stock, valued at approximately $293,000.

A number of other institutional investors have also recently made changes to their positions in WMB. Baader Bank Aktiengesellschaft boosted its holdings in shares of Williams Companies by 3.3% in the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock valued at $300,000 after purchasing an additional 180 shares during the period. Albion Financial Group UT grew its stake in shares of Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company's stock worth $64,000 after purchasing an additional 184 shares during the period. Sprinkle Financial Consultants LLC boosted its position in Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company's stock worth $275,000 after purchasing an additional 185 shares in the last quarter. AMG National Trust Bank lifted its holdings in Williams Companies by 0.6% during 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 in the last quarter. Finally, Tower Wealth Partners Inc. increased its stake in Williams Companies by 4.3% during the 4th quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock worth $248,000 after buying an additional 191 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

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Analysts Set New Price Targets

Several research analysts recently weighed in on the company. CIBC increased their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 4th. Scotiabank lifted their price objective on Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a research note on Thursday, March 6th. Truist Financial increased their price objective on 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 boosted their price target on shares of Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research report on Tuesday, March 4th. Finally, Morgan Stanley lifted their target price on shares of Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $56.07.

Insider Buying and Selling

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

Williams Companies Stock Up 0.6 %

WMB stock traded up $0.34 during trading hours on Wednesday, reaching $58.88. 852,763 shares of the stock were exchanged, compared to its average volume of 6,622,158. The company has a market cap of $71.80 billion, a price-to-earnings ratio of 32.17, a PEG ratio of 5.01 and a beta of 0.87. The firm's 50-day moving average is $57.27 and its 200-day moving average is $55.61. 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 Williams Companies, Inc. has a 12 month low of $37.18 and a 12 month high of $61.67.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results 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%. On average, equities research analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.40%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Williams Companies's previous quarterly dividend of $0.48. Williams Companies's dividend payout ratio (DPR) 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.