RW Investment Management LLC Acquires New Shares in The Williams Companies, Inc. (NYSE:WMB)

RW Investment Management LLC purchased a new position in The Williams Companies, Inc. (NYSE:WMB - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,314 shares of the pipeline company's stock, valued at approximately $233,000.

A number of other institutional investors also recently modified their holdings of the company. Ieq Capital LLC grew its stake in Williams Companies by 24.0% during the fourth quarter. Ieq Capital LLC now owns 54,307 shares of the pipeline company's stock worth $2,939,000 after purchasing an additional 10,511 shares during the period. Freedom Day Solutions LLC grew its position in shares of Williams Companies by 3.1% during the 4th quarter. Freedom Day Solutions LLC now owns 19,646 shares of the pipeline company's stock worth $1,063,000 after buying an additional 591 shares during the period. Private Advisor Group LLC increased its stake in shares of Williams Companies by 2.1% in the 4th quarter. Private Advisor Group LLC now owns 108,425 shares of the pipeline company's stock valued at $5,868,000 after acquiring an additional 2,255 shares in the last quarter. Alberta Investment Management Corp acquired a new position in shares of Williams Companies during the 4th quarter valued at $1,488,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of Williams Companies during the 4th quarter valued at $25,000. 86.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Truist Financial increased their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Barclays raised their price objective on Williams Companies from $46.00 to $56.00 and gave the company an "equal weight" rating in a research note on Friday, January 10th. Scotiabank reaffirmed a "sector perform" rating and set a $51.00 target price on shares of Williams Companies in a research report on Friday, January 10th. The Goldman Sachs Group boosted their price target on shares of Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research note on Tuesday, November 26th. Finally, UBS Group raised their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Williams Companies presently has a consensus rating of "Hold" and a consensus price target of $53.29.

Williams Companies Stock Performance

NYSE:WMB traded down $1.02 during trading on Friday, reaching $57.44. The company's stock had a trading volume of 11,081,263 shares, compared to its average volume of 7,709,167. The Williams Companies, Inc. has a 12 month low of $34.26 and a 12 month high of $61.46. The firm has a market cap of $70.01 billion, a price-to-earnings ratio of 31.39, a price-to-earnings-growth ratio of 5.00 and a beta of 1.04. The firm has a 50 day moving average of $56.09 and a 200-day moving average of $52.07. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50.

Williams Companies (NYSE:WMB - Get Free Report) last posted 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 return on equity of 15.85% and a net margin of 21.17%. Research analysts expect that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a dividend of $0.50 per share. 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. This represents a $2.00 annualized dividend and a dividend yield of 3.48%. Williams Companies's dividend payout ratio is presently 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.