TD Private Client Wealth LLC Has $2.43 Million Holdings in The Williams Companies, Inc. (NYSE:WMB)

TD Private Client Wealth LLC decreased its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 33.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 44,930 shares of the pipeline company’s stock after selling 22,916 shares during the quarter. TD Private Client Wealth LLC’s holdings in Williams Companies were worth $2,432,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of WMB. Quent Capital LLC acquired a new stake in shares of Williams Companies during the fourth quarter valued at about $25,000. Bank of Jackson Hole Trust bought a new position in Williams Companies in the 4th quarter valued at approximately $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $27,000. Sandy Spring Bank bought a new stake in Williams Companies during the 4th quarter worth approximately $27,000. Finally, Legacy Investment Solutions LLC acquired a new position in Williams Companies in the 3rd quarter valued at approximately $30,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 0.3 %

Shares of NYSE WMB opened at $59.60 on Friday. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. The firm has a market cap of $72.67 billion, a PE ratio of 32.57, a P/E/G ratio of 5.01 and a beta of 1.03. The company’s fifty day simple moving average is $57.09 and its 200 day simple moving average is $53.93. The Williams Companies, Inc. has a 12-month low of $37.18 and a 12-month 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 (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. As a group, sell-side analysts forecast that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Shareholders of record on Friday, March 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is 109.29%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Williams Companies from $56.00 to $58.00 and gave the stock an “equal weight” rating in a report on Friday. The Goldman Sachs Group upped their price target on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. Royal Bank of Canada raised their price objective on Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. Truist Financial upped 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. Finally, Scotiabank increased their target price on shares of Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a research report on Thursday, March 6th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $55.21.

Insider Activity

In other news, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction 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. This trade represents a 16.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Micheal G. Dunn sold 96,687 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $53.04, for a total transaction of $5,128,278.48. Following the completion of the sale, the chief operating officer now owns 714,693 shares in the company, valued at $37,907,316.72. This represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock worth $7,563,278 over the last quarter. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Company 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.