Sanctuary Advisors LLC Purchases 12,062 Shares of The Williams Companies, Inc. (NYSE:WMB)

Sanctuary Advisors LLC lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 2.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 464,801 shares of the pipeline company's stock after acquiring an additional 12,062 shares during the period. Sanctuary Advisors LLC's holdings in Williams Companies were worth $26,303,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Quent Capital LLC bought a new position in shares of Williams Companies during the fourth quarter worth about $25,000. AlphaMark Advisors LLC bought a new position in shares of Williams Companies during the fourth quarter worth about $27,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies during the third quarter worth about $30,000. Financial Life Planners bought a new position in Williams Companies in the 4th quarter valued at about $30,000. Finally, SOA Wealth Advisors LLC. bought a new position in Williams Companies in the 4th quarter valued at about $32,000. Institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

WMB has been the subject of a number of recent analyst reports. UBS Group increased their target price on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Truist Financial upped their price target on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. Barclays upped their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the company an "equal weight" rating in a research note on Friday, January 10th. The Goldman Sachs Group upped their price objective 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, Mizuho increased their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. One equities 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. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $53.29.

Williams Companies Stock Up 0.3 %

NYSE:WMB traded up $0.19 during mid-day trading on Thursday, reaching $58.46. The stock had a trading volume of 6,417,482 shares, compared to its average volume of 7,606,994. The business's 50 day moving average is $56.02 and its 200 day moving average is $52.03. The Williams Companies, Inc. has a fifty-two week low of $34.13 and a fifty-two week high of $61.46. The stock has a market cap of $71.27 billion, a P/E ratio of 31.95, a PEG ratio of 5.10 and a beta of 1.04. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results 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%. As a group, sell-side analysts predict that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be paid a $0.50 dividend. This is an increase from Williams Companies's previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.42%. Williams Companies's dividend payout ratio (DPR) is presently 103.83%.

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.