The Williams Companies, Inc. (NYSE:WMB) is Jackson Hole Capital Partners LLC's 8th Largest Position

Jackson Hole Capital Partners LLC lessened its holdings in The Williams Companies, Inc. (NYSE:WMB - Free Report) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 187,025 shares of the pipeline company's stock after selling 8,238 shares during the period. Williams Companies comprises approximately 2.0% of Jackson Hole Capital Partners LLC's portfolio, making the stock its 8th biggest position. Jackson Hole Capital Partners LLC's holdings in Williams Companies were worth $10,122,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Board of the Pension Protection Fund acquired a new stake in shares of Williams Companies in the fourth quarter worth about $720,000. Foundations Investment Advisors LLC grew its position in Williams Companies by 13.8% in the 4th quarter. Foundations Investment Advisors LLC now owns 162,799 shares of the pipeline company's stock worth $8,811,000 after purchasing an additional 19,782 shares during the last quarter. Golden State Equity Partners raised its position in shares of Williams Companies by 319.9% during the fourth quarter. Golden State Equity Partners now owns 12,038 shares of the pipeline company's stock valued at $651,000 after buying an additional 9,171 shares during the last quarter. Cornerstone Wealth Group LLC lifted its stake in shares of Williams Companies by 81.4% in the fourth quarter. Cornerstone Wealth Group LLC now owns 185,920 shares of the pipeline company's stock valued at $10,062,000 after buying an additional 83,429 shares during the period. Finally, Myriad Asset Management US LP acquired a new stake in Williams Companies during the fourth quarter worth about $995,000. Hedge funds and other institutional investors own 86.44% of the company's stock.

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Williams Companies Price Performance

NYSE:WMB traded down $0.23 during mid-day trading on Thursday, reaching $56.08. The stock had a trading volume of 7,911,715 shares, compared to its average volume of 7,903,958. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.45 and a current ratio of 0.50. The stock has a market capitalization of $68.38 billion, a P/E ratio of 30.64, a P/E/G ratio of 5.01 and a beta of 1.03. The firm has a 50 day moving average price of $56.76 and a two-hundred day moving average price of $53.35. The Williams Companies, Inc. has a one year low of $36.56 and a one year high of $61.46.

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

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.50 dividend. This is a boost 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 3.57%. The ex-dividend date is Friday, March 14th. Williams Companies's dividend payout ratio (DPR) is presently 109.29%.

Insiders Place Their Bets

In related news, COO Micheal G. Dunn sold 96,687 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $53.04, for a total value of $5,128,278.48. Following the completion of the transaction, the chief operating officer now directly owns 714,693 shares in the company, valued at $37,907,316.72. The trade was a 11.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction on 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 directly owns 133,048 shares of the company's stock, valued at approximately $7,511,890.08. The trade was a 16.35 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock valued at $7,563,278 over the last three months. 0.44% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Barclays boosted their target price 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. UBS Group increased their target price on Williams Companies from $55.00 to $70.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Citigroup boosted their target price on shares of Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Truist Financial increased their price objective on Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Finally, The Goldman Sachs Group upped their price target on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research note on Tuesday, November 26th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $55.07.

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.