GLOBALT Investments LLC GA Makes New Investment in The Williams Companies, Inc. (NYSE:WMB)

GLOBALT Investments LLC GA acquired a new position in The Williams Companies, Inc. (NYSE:WMB - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,992 shares of the pipeline company's stock, valued at approximately $270,000.

Other large investors have also modified their holdings of the company. Baader Bank Aktiengesellschaft lifted its stake in shares of Williams Companies by 3.3% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock worth $300,000 after acquiring an additional 180 shares during the last quarter. Albion Financial Group UT boosted its stake in shares of Williams Companies by 18.4% during 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 period. Sprinkle Financial Consultants LLC grew its holdings in shares of Williams Companies by 3.8% in 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 last quarter. AMG National Trust Bank boosted its position in Williams Companies by 0.6% in the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock valued at $1,669,000 after buying an additional 186 shares during the period. Finally, Tower Wealth Partners Inc. grew 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 worth $248,000 after acquiring an additional 191 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company's stock.

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Analysts Set New Price Targets

WMB has been the subject of a number of research reports. Truist Financial boosted their price target on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. CIBC raised their price target on Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research note on Tuesday, March 4th. Barclays increased their target price on shares of Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a report on Friday. Scotiabank boosted their price target on shares of Williams Companies from $51.00 to $53.00 and gave the company a "sector perform" rating in a report on Thursday, March 6th. Finally, Royal Bank of Canada increased their price objective on shares of Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $55.21.

Insider Transactions at Williams Companies

In other news, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction dated Thursday, February 27th. The stock was 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 owns 133,048 shares of the company's stock, valued at $7,511,890.08. The trade was a 16.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Mary A. Hausman sold 8,896 shares of Williams Companies stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares of the company's stock, valued at approximately $1,284,492.50. This represents a 28.48 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock worth $7,563,278 over the last three months. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Down 0.3 %

Shares of WMB traded down $0.16 during mid-day trading on Friday, hitting $59.60. 13,202,271 shares of the company traded hands, compared to its average volume of 6,214,718. The company has a market capitalization of $72.67 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03. 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 business has a 50 day moving average of $57.02 and a 200 day moving average of $53.83. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.46.

Williams Companies (NYSE:WMB - Get Free Report) last posted 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 net margin of 21.17% and a return on equity of 15.85%. Equities research analysts anticipate 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 will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, March 14th. 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 dividend yield of 3.36%. Williams Companies's dividend payout ratio is currently 109.29%.

About Williams Companies

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.