Cambiar Investors LLC Has $1.18 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Cambiar Investors LLC decreased its position in The Williams Companies, Inc. (NYSE:WMB) by 97.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 21,791 shares of the pipeline company’s stock after selling 777,477 shares during the period. Cambiar Investors LLC’s holdings in Williams Companies were worth $1,179,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of WMB. AlphaMark Advisors LLC bought a new stake in Williams Companies in the fourth quarter valued at about $27,000. Legacy Investment Solutions LLC acquired a new stake in Williams Companies during the third quarter valued at approximately $30,000. Financial Life Planners bought a new stake in shares of Williams Companies in the 4th quarter valued at approximately $30,000. SOA Wealth Advisors LLC. acquired a new position in shares of Williams Companies in the 4th quarter worth approximately $32,000. Finally, Rosenberg Matthew Hamilton raised its holdings in shares of Williams Companies by 50.4% in the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after buying an additional 252 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WMB. Barclays upped their price target on Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Royal Bank of Canada increased their target price on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Truist Financial boosted their price target on shares of Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a research report on Tuesday, December 3rd. The Goldman Sachs Group raised their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Finally, Scotiabank reissued a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a report 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. Based on data from MarketBeat, Williams Companies presently has a consensus rating of “Hold” and an average price target of $53.00.

Williams Companies Price Performance

Williams Companies stock opened at $55.24 on Wednesday. The business’s 50-day simple moving average is $55.90 and its 200 day simple moving average is $51.40. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The stock has a market cap of $67.33 billion, a price-to-earnings ratio of 23.31, a P/E/G ratio of 5.06 and a beta of 1.04. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $61.46.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.62%. Williams Companies’s payout ratio is currently 80.17%.

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.