The Williams Companies, Inc. (NYSE:WMB) Stock Holdings Increased by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC increased its holdings in The Williams Companies, Inc. (NYSE:WMB) by 5.4% during the fourth quarter, Holdings Channel reports. The firm owned 16,990 shares of the pipeline company’s stock after purchasing an additional 864 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Williams Companies were worth $920,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Board of the Pension Protection Fund bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $720,000. Foundations Investment Advisors LLC raised its holdings in shares of Williams Companies by 13.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 162,799 shares of the pipeline company’s stock valued at $8,811,000 after acquiring an additional 19,782 shares during the period. Golden State Equity Partners raised its holdings 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 acquiring an additional 9,171 shares during the period. Cornerstone Wealth Group LLC raised its holdings in shares of Williams Companies by 81.4% during the fourth quarter. Cornerstone Wealth Group LLC now owns 185,920 shares of the pipeline company’s stock valued at $10,062,000 after acquiring an additional 83,429 shares during the period. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in shares of Williams Companies by 17.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 75,278 shares of the pipeline company’s stock valued at $4,074,000 after acquiring an additional 10,950 shares during the period. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Performance

WMB stock opened at $57.00 on Monday. 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 company has a market capitalization of $69.48 billion, a price-to-earnings ratio of 24.05, a P/E/G ratio of 5.06 and a beta of 1.04. The Williams Companies, Inc. has a 12 month low of $33.03 and a 12 month high of $61.46. The firm has a 50 day moving average of $55.85 and a two-hundred day moving average of $51.71.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting the consensus estimate of $0.47. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. As a group, equities analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company 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 $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.51%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date is Friday, March 14th. Williams Companies’s payout ratio is presently 109.29%.

Wall Street Analysts Forecast Growth

WMB has been the topic of a number of recent analyst reports. CIBC boosted their price target on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Scotiabank restated a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a report on Friday, January 10th. Mizuho boosted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Truist Financial boosted their price target on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a report on Friday. Finally, UBS Group boosted their price target on shares of Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a report on Friday, November 15th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $53.29.

Williams Companies 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.