The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Jackson Hole Capital Partners LLC

Jackson Hole Capital Partners LLC decreased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 4.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 187,025 shares of the pipeline company’s stock after selling 8,238 shares during the period. Williams Companies accounts for approximately 2.0% of Jackson Hole Capital Partners LLC’s portfolio, making the stock its 8th biggest position. Jackson Hole Capital Partners LLC’s holdings in Williams Companies were worth $10,122,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of WMB. Baader Bank Aktiengesellschaft raised its holdings in Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock valued at $300,000 after buying an additional 180 shares in the last quarter. Albion Financial Group UT raised its holdings in Williams Companies by 18.4% during the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after buying an additional 184 shares in the last quarter. Sprinkle Financial Consultants LLC raised its holdings in Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock valued at $275,000 after buying an additional 185 shares in the last quarter. AMG National Trust Bank raised its holdings in Williams Companies by 0.6% during the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company’s stock valued at $1,669,000 after buying an additional 186 shares in the last quarter. Finally, GHP Investment Advisors Inc. raised its holdings in Williams Companies by 24.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 995 shares of the pipeline company’s stock valued at $54,000 after buying an additional 195 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on WMB. Citigroup raised their target price on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. Truist Financial raised their target price on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a report on Friday, February 14th. Scotiabank lifted their price objective on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research note on Thursday. The Goldman Sachs Group lifted their price objective on Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 26th. Finally, CIBC lifted their price objective on Williams Companies from $56.00 to $57.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $55.07.

Williams Companies Stock Down 0.4 %

NYSE WMB opened at $54.37 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The stock’s 50 day moving average is $56.70 and its two-hundred day moving average is $53.14. The company has a market capitalization of $66.30 billion, a price-to-earnings ratio of 29.71, a PEG ratio of 5.01 and a beta of 1.03. The Williams Companies, Inc. has a 1-year low of $35.78 and a 1-year high of $61.46.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Equities analysts forecast that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.68%. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s payout ratio is presently 109.29%.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 8,896 shares of the business’s stock in a transaction that occurred on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the transaction, the chief accounting officer now directly owns 22,339 shares of the company’s stock, valued at $1,284,492.50. The trade was a 28.48 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Chad A. Teply sold 26,000 shares of the business’s stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the transaction, the senior vice president now directly owns 133,048 shares in the company, valued at $7,511,890.08. The trade was a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.44% of the stock is owned by company 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.