CapWealth Advisors LLC Sells 32,168 Shares of The Williams Companies, Inc. (NYSE:WMB)

CapWealth Advisors LLC reduced its position in shares of The Williams Companies, Inc. (NYSE:WMB - Free Report) by 3.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 817,201 shares of the pipeline company's stock after selling 32,168 shares during the period. Williams Companies comprises about 4.8% of CapWealth Advisors LLC's holdings, making the stock its 2nd largest holding. CapWealth Advisors LLC owned about 0.07% of Williams Companies worth $44,227,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of WMB. Quent Capital LLC purchased a new position in Williams Companies in the 4th quarter valued at approximately $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies in the 4th quarter valued at about $27,000. Legacy Investment Solutions LLC acquired a new position in Williams Companies during the 3rd quarter worth approximately $30,000. Financial Life Planners purchased a new position in Williams Companies in the fourth quarter valued at $30,000. Finally, SOA Wealth Advisors LLC. purchased a new position in shares of Williams Companies in the 4th quarter valued at about $32,000. 86.44% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

WMB has been the topic of several research analyst reports. The Goldman Sachs Group lifted their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a "neutral" rating in a research note on Tuesday, November 26th. Mizuho boosted their target price on Williams Companies from $47.00 to $56.00 and gave the company an "outperform" rating in a report on Monday, November 4th. Truist Financial increased their price target on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Scotiabank reissued a "sector perform" rating and issued a $51.00 price objective on shares of Williams Companies in a research note on Friday, January 10th. Finally, Barclays raised their target price on shares of Williams Companies from $46.00 to $56.00 and gave the stock an "equal weight" rating in a research note on Friday, January 10th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $53.29.

Williams Companies Price Performance

Shares of Williams Companies stock traded up $0.45 on Wednesday, hitting $58.25. The company's stock had a trading volume of 7,502,611 shares, compared to its average volume of 7,644,162. 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 company has a market capitalization of $71.01 billion, a P/E ratio of 31.83, a price-to-earnings-growth ratio of 5.07 and a beta of 1.04. The firm has a fifty day moving average price of $56.02 and a 200-day moving average price of $52.03. The Williams Companies, Inc. has a 52-week low of $33.85 and a 52-week high of $61.46.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, hitting 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, equities research analysts expect that The Williams Companies, Inc. will post 2.06 earnings per share for the current fiscal 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 issued a dividend of $0.50 per share. This is a positive change from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a dividend yield of 3.43%. The ex-dividend date is Friday, March 14th. Williams Companies's dividend payout ratio 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.