The Williams Companies, Inc. (NYSE:WMB) Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lowered its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 6.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,080 shares of the pipeline company’s stock after selling 570 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Williams Companies were worth $437,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Brendel Financial Advisors LLC increased its holdings in Williams Companies by 0.8% during the 3rd quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company’s stock worth $2,370,000 after purchasing an additional 419 shares during the period. World Investment Advisors LLC purchased a new stake in shares of Williams Companies during the third quarter worth approximately $545,000. Swiss National Bank raised its holdings in Williams Companies by 0.3% in the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after acquiring an additional 9,800 shares in the last quarter. Valley National Advisers Inc. lifted its stake in Williams Companies by 1,855.7% in the third quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company’s stock worth $1,918,000 after acquiring an additional 39,880 shares during the last quarter. Finally, Banque Cantonale Vaudoise grew its holdings in Williams Companies by 402.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 91,983 shares of the pipeline company’s stock worth $4,199,000 after acquiring an additional 73,693 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.44% of the stock is owned by insiders.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $57.97 on Wednesday. The firm’s fifty day simple moving average is $55.95 and its 200-day simple moving average is $49.46. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The stock has a market capitalization of $70.67 billion, a price-to-earnings ratio of 24.46, a PEG ratio of 5.60 and a beta of 1.06. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. During the same period in the previous year, the business posted $0.45 earnings per share. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, equities analysts forecast that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a yield of 3.28%. The ex-dividend date of this dividend was Friday, December 13th. Williams Companies’s dividend payout ratio is presently 80.17%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on WMB shares. Mizuho raised their price objective 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. Royal Bank of Canada raised their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. Citigroup upped their price objective on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, October 3rd. Truist Financial increased their price objective on Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, December 3rd. Finally, UBS Group boosted their target price on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $53.00.

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.