AlphaMark Advisors LLC Invests $27,000 in The Williams Companies, Inc. (NYSE:WMB)

AlphaMark Advisors LLC bought a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 500 shares of the pipeline company’s stock, valued at approximately $27,000.

Several other hedge funds have also recently added to or reduced their stakes in WMB. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies during the third quarter worth approximately $30,000. Rosenberg Matthew Hamilton increased its position in Williams Companies by 50.4% during the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 252 shares during the period. Quarry LP acquired a new position in Williams Companies during the 2nd quarter valued at $35,000. FSA Wealth Management LLC bought a new stake in Williams Companies in the 3rd quarter valued at $38,000. Finally, Kimelman & Baird LLC acquired a new stake in Williams Companies in the 2nd quarter worth $42,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 0.3 %

WMB stock opened at $59.64 on Monday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The stock has a market capitalization of $72.70 billion, a price-to-earnings ratio of 25.17, a P/E/G ratio of 5.31 and a beta of 1.06. The business has a fifty day moving average price of $56.47 and a 200 day moving average price of $50.36. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46.

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

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.19%. Williams Companies’s payout ratio is 80.17%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on WMB. Scotiabank reaffirmed a “sector perform” rating and set a $51.00 price objective on shares of Williams Companies in a research report on Friday, January 10th. Truist Financial upped their price target on Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, December 3rd. Bank of America started coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective on the stock. UBS Group upped their target price on Williams Companies from $55.00 to $70.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Finally, Citigroup lifted their price target on shares of Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $53.00.

Insider Activity

In other news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares in the company, valued at $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.44% of the stock is owned by insiders.

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.