Intrust Bank NA Has $1.63 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Intrust Bank NA increased its position in The Williams Companies, Inc. (NYSE:WMB) by 5.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 46,881 shares of the pipeline company’s stock after acquiring an additional 2,283 shares during the period. Intrust Bank NA’s holdings in Williams Companies were worth $1,633,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its position in shares of Williams Companies by 120.8% in the 3rd quarter. SG Americas Securities LLC now owns 26,424 shares of the pipeline company’s stock worth $890,000 after purchasing an additional 153,630 shares during the last quarter. Linden Thomas Advisory Services LLC boosted its holdings in Williams Companies by 6.9% during the third quarter. Linden Thomas Advisory Services LLC now owns 21,787 shares of the pipeline company’s stock worth $734,000 after buying an additional 1,407 shares during the last quarter. Vicus Capital acquired a new position in shares of Williams Companies during the 3rd quarter worth about $415,000. Kingswood Wealth Advisors LLC grew its position in shares of Williams Companies by 17.1% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 14,120 shares of the pipeline company’s stock worth $476,000 after buying an additional 2,064 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of Williams Companies by 7.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 167,220 shares of the pipeline company’s stock valued at $5,634,000 after acquiring an additional 12,008 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WMB. Truist Financial lifted their price target on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. UBS Group lifted their target price on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Barclays increased their price target on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, April 11th. Finally, Wolfe Research reiterated an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a report on Thursday, April 18th. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Williams Companies has an average rating of “Hold” and an average price target of $39.22.

Williams Companies Stock Down 1.8 %

Williams Companies stock traded down $0.70 during midday trading on Tuesday, reaching $38.51. The stock had a trading volume of 1,243,942 shares, compared to its average volume of 6,900,256. The Williams Companies, Inc. has a 1-year low of $28.27 and a 1-year high of $39.76. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. The firm’s fifty day simple moving average is $37.55 and its 200-day simple moving average is $35.93. The stock has a market capitalization of $46.92 billion, a P/E ratio of 14.96, a price-to-earnings-growth ratio of 6.14 and a beta of 1.04.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same quarter last year, the firm earned $0.53 EPS. As a group, analysts expect that The Williams Companies, Inc. will post 1.83 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 4.93%. Williams Companies’s dividend payout ratio is presently 72.52%.

About Williams Companies

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.