Family Firm Inc. Invests $126,000 in The Williams Companies, Inc. (NYSE:WMB)

Family Firm Inc. purchased a new stake in The Williams Companies, Inc. (NYSE:WMB) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,954 shares of the pipeline company’s stock, valued at approximately $126,000.

A number of other large investors also recently modified their holdings of the stock. CWM LLC lifted its holdings in Williams Companies by 18.1% during the 4th quarter. CWM LLC now owns 54,960 shares of the pipeline company’s stock worth $1,914,000 after buying an additional 8,426 shares in the last quarter. RWA Wealth Partners LLC acquired a new stake in Williams Companies in the fourth quarter worth about $575,000. Linden Thomas Advisory Services LLC raised its holdings in Williams Companies by 12.0% during the 4th quarter. Linden Thomas Advisory Services LLC now owns 24,392 shares of the pipeline company’s stock worth $850,000 after purchasing an additional 2,605 shares during the last quarter. GAMMA Investing LLC acquired a new position in Williams Companies during the 4th quarter valued at about $376,000. Finally, Atria Wealth Solutions Inc. lifted its position in Williams Companies by 8.7% during the 4th quarter. Atria Wealth Solutions Inc. now owns 54,728 shares of the pipeline company’s stock valued at $1,906,000 after purchasing an additional 4,361 shares during the period. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of recent research reports. Argus raised shares of Williams Companies from a “hold” rating to a “buy” rating in a research note on Thursday, June 20th. Royal Bank of Canada increased their price target on Williams Companies from $44.00 to $47.00 and gave the company an “outperform” rating in a research note on Friday. Stifel Nicolaus lifted their price objective on Williams Companies from $40.00 to $43.00 and gave the stock a “buy” rating in a research note on Wednesday, May 8th. Seaport Res Ptn lowered Williams Companies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 30th. Finally, CIBC boosted their target price on Williams Companies from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $42.83.

Williams Companies Trading Up 1.4 %

Shares of WMB traded up $0.62 during trading hours on Friday, reaching $45.29. The stock had a trading volume of 3,351,233 shares, compared to its average volume of 6,033,717. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 1.64. The Williams Companies, Inc. has a 52 week low of $32.49 and a 52 week high of $45.35. The firm has a 50-day moving average of $42.97 and a 200 day moving average of $39.86. The company has a market cap of $55.20 billion, a P/E ratio of 19.03, a P/E/G ratio of 6.16 and a beta of 1.05.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.05. The business had revenue of $2.34 billion during the quarter, compared to analysts’ expectations of $2.46 billion. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The firm’s quarterly revenue was down 5.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.42 EPS. On average, sell-side analysts expect that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Friday, September 13th. Williams Companies’s dividend payout ratio (DPR) is presently 79.83%.

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.