Dynamic Technology Lab Private Ltd Purchases New Shares in The Williams Companies, Inc. (NYSE:WMB)

Dynamic Technology Lab Private Ltd acquired a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 30,221 shares of the pipeline company's stock, valued at approximately $1,636,000.

Other large investors also recently modified their holdings of the company. Baader Bank Aktiengesellschaft grew its stake in Williams Companies by 3.3% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock valued at $300,000 after buying an additional 180 shares during the last quarter. Albion Financial Group UT grew its position in shares of Williams Companies by 18.4% in the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company's stock valued at $64,000 after purchasing an additional 184 shares during the last quarter. Sprinkle Financial Consultants LLC increased its stake in shares of 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 during the period. AMG National Trust Bank lifted its holdings in Williams Companies by 0.6% during the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock worth $1,669,000 after purchasing an additional 186 shares during the last quarter. Finally, Tower Wealth Partners Inc. boosted its stake in Williams Companies by 4.3% in the 4th quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company's stock valued at $248,000 after purchasing an additional 191 shares during the period. 86.44% of the stock is owned by institutional investors.

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Insider Buying and Selling

In related news, SVP Chad A. Teply sold 26,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the sale, the senior vice president now owns 133,048 shares of the company's stock, valued at $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Micheal G. Dunn sold 96,687 shares of the business's stock in a transaction that occurred on 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 completion of the transaction, the chief operating officer now directly owns 714,693 shares in the company, valued at approximately $37,907,316.72. This trade represents a 11.92 % decrease in their ownership of the stock. 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 quarter. Insiders own 0.44% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on WMB shares. CIBC lifted their target price on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a report on Tuesday, March 4th. Morgan Stanley boosted their price objective 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. Truist Financial raised their target price on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Citigroup boosted their price target on Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a research note on Tuesday, February 25th. Finally, Barclays raised their price objective on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research note on Friday, March 21st. One research 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. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $56.07.

Williams Companies Price Performance

Shares of WMB traded down $1.58 during mid-day trading on Thursday, reaching $54.84. The company had a trading volume of 5,551,316 shares, compared to its average volume of 6,660,130. The company has a market capitalization of $66.87 billion, a price-to-earnings ratio of 30.10, a P/E/G ratio of 5.01 and a beta of 0.87. 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 company's 50 day simple moving average is $57.23 and its 200 day simple moving average is $55.29. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.67.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings data 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%. Analysts expect that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were given a dividend of $0.50 per share. The ex-dividend date was Friday, March 14th. This is a boost from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.65%. Williams Companies's dividend payout ratio is 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.