16,136 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by Twin Capital Management Inc.

Twin Capital Management Inc. bought a new stake in The Williams Companies, Inc. (NYSE:WMB - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 16,136 shares of the pipeline company's stock, valued at approximately $873,000.

Several other institutional investors also recently made changes to their positions in the stock. Polymer Capital Management US LLC acquired a new position in Williams Companies during the fourth quarter worth about $474,000. ArchPoint Investors acquired a new position in shares of Williams Companies during the 4th quarter worth $227,000. Cerity Partners LLC grew its stake in Williams Companies by 4.3% in the 4th quarter. Cerity Partners LLC now owns 183,317 shares of the pipeline company's stock valued at $9,224,000 after acquiring an additional 7,618 shares during the last quarter. FMR LLC increased its holdings in Williams Companies by 18.4% during the 4th quarter. FMR LLC now owns 3,138,814 shares of the pipeline company's stock valued at $169,873,000 after acquiring an additional 488,322 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in Williams Companies during the fourth quarter worth about $1,252,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Williams Companies Trading Up 2.1 %

Williams Companies stock traded up $1.17 during trading on Friday, reaching $56.24. The company had a trading volume of 7,477,342 shares, compared to its average volume of 6,661,726. The Williams Companies, Inc. has a 12-month low of $37.18 and a 12-month high of $61.67. 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's 50 day moving average price is $57.22 and its two-hundred day moving average price is $55.50. The firm has a market capitalization of $68.58 billion, a price-to-earnings ratio of 30.73, a PEG ratio of 5.01 and a beta of 0.87.

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Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (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%. As a group, equities analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.56%. This is an increase from Williams Companies's previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, March 14th. Williams Companies's dividend payout ratio (DPR) is 109.29%.

Insider Activity

In related news, SVP Chad A. Teply sold 26,000 shares of the firm's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the transaction, the senior vice president now owns 133,048 shares in the company, valued at approximately $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Larry C. Larsen sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total transaction of $455,520.00. Following the sale, the senior vice president now owns 81,265 shares of the company's stock, valued at approximately $4,627,229.10. This represents a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 139,583 shares of company stock valued at $7,563,278 in the last three months. Corporate insiders own 0.44% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. CIBC increased their price target on shares of Williams Companies from $56.00 to $57.00 and gave the company a "neutral" rating in a research report on Tuesday, March 4th. Truist Financial raised their price target on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Barclays boosted their price target on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a report on Friday, March 21st. Citigroup lifted their price objective on Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Finally, Scotiabank upped their target price 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 equities 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. According to MarketBeat, Williams Companies currently has an average rating of "Hold" and a consensus price target of $56.07.

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.