Retirement Investment Advisors Inc. Takes $269,000 Position in The Williams Companies, Inc. (NYSE:WMB)

Retirement Investment Advisors Inc. bought a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,968 shares of the pipeline company's stock, valued at approximately $269,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Quent Capital LLC bought a new position in shares of Williams Companies in the fourth quarter worth about $25,000. Bank of Jackson Hole Trust purchased a new stake in Williams Companies in the 4th quarter valued at about $25,000. AlphaMark Advisors LLC bought a new position in Williams Companies in the 4th quarter worth about $27,000. Sandy Spring Bank purchased a new position in shares of Williams Companies during the fourth quarter worth approximately $27,000. Finally, Compass Planning Associates Inc bought a new stake in shares of Williams Companies during the fourth quarter valued at approximately $30,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on WMB shares. CIBC increased their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 4th. Truist Financial upped their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Citigroup raised their target price on shares of Williams Companies from $63.00 to $65.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Morgan Stanley upped their price target on shares of Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Finally, Scotiabank lifted their price objective 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. One 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, Williams Companies currently has a consensus rating of "Hold" and a consensus target price of $56.07.

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Williams Companies Stock Down 3.0 %

Williams Companies stock traded down $1.84 during midday trading on Thursday, reaching $59.76. The company's stock had a trading volume of 4,920,846 shares, compared to its average volume of 6,499,808. 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 stock has a market capitalization of $72.87 billion, a P/E ratio of 32.66, a PEG ratio of 5.01 and a beta of 1.03. The stock's 50-day simple moving average is $57.36 and its 200-day simple moving average is $54.86. The Williams Companies, Inc. has a 52-week low of $37.18 and a 52-week high of $61.67.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. On average, sell-side analysts expect that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was 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 3.35%. Williams Companies's payout ratio is 109.29%.

Insider Activity at Williams Companies

In related news, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction dated 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. The trade was a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Mary A. Hausman sold 8,896 shares of the stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total transaction of $511,520.00. Following the completion of the transaction, the chief accounting officer now owns 22,339 shares in the company, valued at approximately $1,284,492.50. This trade represents a 28.48 % decrease in their position. 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.

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.