18,699 Shares in The Williams Companies, Inc. (NYSE:WMB) Purchased by Generali Investments Management Co LLC

Generali Investments Management Co LLC bought a new position in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 18,699 shares of the pipeline company's stock, valued at approximately $1,012,000.

Several other large investors have also recently made changes to their positions in WMB. OneDigital Investment Advisors LLC increased its holdings in shares of Williams Companies by 64.6% in the third quarter. OneDigital Investment Advisors LLC now owns 21,043 shares of the pipeline company's stock worth $961,000 after purchasing an additional 8,257 shares during the last quarter. AMG National Trust Bank grew its position in Williams Companies by 1.0% in the third quarter. AMG National Trust Bank now owns 30,627 shares of the pipeline company's stock worth $1,398,000 after acquiring an additional 292 shares in the last quarter. Quest Partners LLC purchased a new position in Williams Companies in the third quarter worth about $116,000. LMR Partners LLP purchased a new position in Williams Companies in the third quarter worth about $256,000. Finally, Caprock Group LLC grew its position in Williams Companies by 160.4% in the third quarter. Caprock Group LLC now owns 33,960 shares of the pipeline company's stock worth $1,550,000 after acquiring an additional 20,917 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Insider Activity at Williams Companies

In related news, CAO Mary A. Hausman sold 8,896 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now directly owns 22,339 shares of the company's stock, valued at $1,284,492.50. This represents a 28.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Chad A. Teply sold 26,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the transaction, the senior vice president now directly owns 133,048 shares in the company, valued at approximately $7,511,890.08. The trade was a 16.35 % decrease in their ownership of the stock. 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 ninety days. Company insiders own 0.44% of the company's stock.

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Williams Companies Stock Down 0.3 %

Shares of WMB stock traded down $0.16 during trading hours on Friday, reaching $59.60. 13,202,488 shares of the company's stock were exchanged, compared to its average volume of 6,181,508. The stock's 50 day moving average is $57.09 and its 200-day moving average is $53.99. The company has a market cap of $72.67 billion, a price-to-earnings ratio of 32.57, a P/E/G ratio of 5.01 and a beta of 1.03. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a fifty-two week low of $37.18 and a fifty-two week high of $61.46.

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 (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 predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.36%. This is an increase from Williams Companies's previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies's dividend payout ratio is presently 109.29%.

Wall Street Analyst Weigh In

Several research analysts recently commented on WMB shares. Citigroup lifted their price target on Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Barclays lifted their price target on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research report on Friday. Truist Financial boosted their target price on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. CIBC boosted their target price on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, March 4th. Finally, The Goldman Sachs Group boosted their price target on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat, Williams Companies has an average rating of "Hold" and an average price target of $55.21.

Williams Companies Company 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.