The Williams Companies, Inc. (NYSE:WMB) Stock Position Decreased by Larson Financial Group LLC

Larson Financial Group LLC trimmed its stake in The Williams Companies, Inc. (NYSE:WMB) by 1.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 56,883 shares of the pipeline company’s stock after selling 731 shares during the period. Larson Financial Group LLC’s holdings in Williams Companies were worth $1,981,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Rheos Capital Works Inc. raised its stake in shares of Williams Companies by 59.0% in the 4th quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock valued at $22,988,000 after acquiring an additional 245,000 shares in the last quarter. Autumn Glory Partners LLC grew its holdings in Williams Companies by 28.1% in the 3rd quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock valued at $3,625,000 after buying an additional 23,579 shares during the last quarter. Wellington Management Group LLP grew its holdings in Williams Companies by 35.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock valued at $321,867,000 after buying an additional 2,482,331 shares during the last quarter. Bahl & Gaynor Inc. grew its holdings in Williams Companies by 45.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after buying an additional 2,040,993 shares during the last quarter. Finally, International Assets Investment Management LLC grew its holdings in Williams Companies by 3,338.2% in the 4th quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock valued at $12,264,000 after buying an additional 341,863 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

Williams Companies Price Performance

WMB stock traded up $0.04 during trading on Tuesday, hitting $38.70. The company had a trading volume of 1,797,696 shares, compared to its average volume of 7,030,529. The company has a fifty day moving average price of $37.03 and a two-hundred day moving average price of $35.76. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The company has a market cap of $47.15 billion, a P/E ratio of 14.76, a P/E/G ratio of 6.02 and a beta of 1.04. The Williams Companies, Inc. has a fifty-two week low of $28.27 and a fifty-two week high of $39.76.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating 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 period in the prior year, the business posted $0.53 earnings per share. Equities research analysts expect that The Williams Companies, Inc. will post 1.83 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.91%. Williams Companies’s payout ratio is currently 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.