4,759 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by Williamson Legacy Group LLC

Williamson Legacy Group LLC purchased 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 purchased 4,759 shares of the pipeline company's stock, valued at approximately $258,000.

Several other institutional investors have also recently bought and sold shares of the stock. Quent Capital LLC bought a new stake in shares of Williams Companies during the fourth quarter worth $25,000. Bank of Jackson Hole Trust acquired a new position in Williams Companies during the 4th quarter valued at about $25,000. AlphaMark Advisors LLC acquired a new position in Williams Companies during the 4th quarter valued at about $27,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies in the 3rd quarter valued at about $30,000. Finally, Financial Life Planners acquired a new stake in shares of Williams Companies during the 4th quarter worth approximately $30,000. Institutional investors own 86.44% of the company's stock.

Analysts Set New Price Targets

WMB has been the topic of a number of recent research reports. Truist Financial raised their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Mizuho raised their price target on Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. The Goldman Sachs Group upped their price objective on Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a report on Tuesday, November 26th. UBS Group raised 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. Finally, Scotiabank reaffirmed a "sector perform" rating and issued a $51.00 price target on shares of Williams Companies in a research note on Friday, January 10th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $54.21.

Insider Activity

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of the company's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the sale, the senior vice president now directly owns 133,048 shares of the company's stock, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Down 0.2 %

NYSE WMB traded down $0.10 during trading on Monday, hitting $58.08. The stock had a trading volume of 2,814,483 shares, compared to its average volume of 7,632,918. The company has a market capitalization of $70.82 billion, a PE ratio of 31.79, a P/E/G ratio of 5.01 and a beta of 1.04. The Williams Companies, Inc. has a 12 month low of $35.74 and a 12 month high of $61.46. The company's 50-day moving average price is $56.53 and its two-hundred day moving average price is $52.79. 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 announced its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share 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 forecast that The Williams Companies, Inc. will post 2.08 EPS 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 dividend of $0.50 per share. The ex-dividend date is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.44%. This is a boost from Williams Companies's previous quarterly dividend of $0.48. Williams Companies's dividend payout ratio is currently 109.29%.

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.