V Square Quantitative Management LLC acquires 5,433 shares of The Williams Companies, Inc. (NYSE:WMB)


V Square Quantitative Management LLC increased its position in The Williams Companies, Inc. (NYSE:WMB – Free Report) in the fourth quarter up 33.2%, according to its most recent filing with the SEC. The institutional investor owned 21,786 shares of the pipeline company, after purchasing an additional 5,433 shares during the period. V Square Quantitative Management LLC’s stakes in Williams Companies were worth $759,000 as of the most recent SEC filing.

A number of other institutional investors have also increased or decreased their stakes in the company. Patten Group Inc. expanded its position in Williams Companies by 1.3% in the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company worth $832,000, after purchasing an additional 296 shares in the last quarter. Insigneo Advisory Services LLC grew its position in Williams Companies by 2.9% in the third quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock worth $353,000 after purchasing an additional 298 shares in the last quarter. Graypoint LLC grew its position in Williams Companies by 2.6% in the fourth quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock worth $427,000 after purchasing an additional 307 shares in the last quarter. Valley National Advisers Inc. expanded its position in Williams Companies by 20.8% in the third quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company worth $61,000, after purchasing an additional 310 shares in the last quarter. Finally, Integrated Advisors Network LLC grew its position in Williams Companies by 3.9% in the third quarter. Integrated Advisors Network LLC now owns 8,553 shares of the pipeline company’s stock worth $288,000 after purchasing an additional 324 shares in the last quarter. 86.44% of the shares are held by institutional investors.

Williams Companies Stock Performance

NYSE WMB opened at $41.18 on Friday. The Williams Companies, Inc. has a one-year low of $30.22 and a one-year high of $41.89. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.52 and a quick ratio of 0.48. The stock has a market cap of $50.18 billion, a price-to-earnings ratio of 17.30, a price-to-earnings ratio of 6.51 and a beta of 1.05. The company’s 50-day simple moving average is $39.82 and its two-hundred-day simple moving average is $37.13.

Williams Companies (NYSE:WMB – Get Free Report) posted its latest earnings results on Monday, May 6. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.10. Williams Companies had a net margin of 27.29% and a return on equity of 16.27%. The company had revenue of $2.77 billion for the quarter, compared to analyst expectations of $2.69 billion. During the same period last year, the company posted earnings per share of $0.56. The company’s revenue for the quarter fell 10.1% compared to the same quarter last year. Analysts predict that The Williams Companies, Inc. will record a profit per share of 1.85 for the current financial year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 24. Shareholders of record on Friday, June 7 will receive a $0.475 dividend. This represents a dividend of $1.90 annually and a dividend yield of 4.61%. The ex-dividend date is Friday, June 7. Williams Companies’ payout ratio is 79.83%.

Insider transactions at Williams Companies

In related news, SVP Debbie L. Pickle sold 38,200 shares of the stock in a transaction on Thursday, May 9. The shares were sold at an average price of $39.61, for a total transaction of $1,513,102.00. Following the transaction, the senior vice president now owns 60,410 shares of the company’s stock, valued at approximately $2,392,840.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.44% of the company’s shares.

Wall Street analysts predict growth

A number of research firms have recently looked into WMB. Truist Financial raised their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, March 25. US Capital Advisors downgraded shares of Williams Companies from an “overweight” rating to a “hold” rating in a research report on Monday, April 29th. Barclays raised their target price on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equalweight” rating in a research report on Thursday, April 11. Royal Bank of Canada lifted their price target on shares of Williams Companies from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Wells Fargo & Company raised shares of Williams Companies from an “equalweight” rating to an “overweight” rating and raised their price target for the company from $38.00 to $46.00 in a research report on Tuesday, June 4. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of ‘Hold’ and an average price target of $41.25.

Read our latest report on Williams companies

Williams Companies Company Profile

(Free report)

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through the Transmission & Gulf of Mexico, Northeast G&P, West and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment includes natural gas pipelines; Transco, Northwest Pipeline, MountainWest and related natural gas storage facilities; and the gathering and processing of natural gas, and the processing and transportation of crude oil in the Gulf Coast region.

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Quarterly Institutional Ownership for Williams Companies (NYSE:WMB)



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