Baron Silver Stevens Financial Advisors LLC Acquires Shares of 4,359 The Williams Companies, Inc. (NYSE:WMB)

Baron Silver Stevens Financial Advisors LLC acquired a new position in The Williams Companies, Inc. (NYSE:WMB) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,359 shares of the pipeline company’s stock, valued at approximately $236,000.

Several other institutional investors have also recently made changes to their positions in the business. Legacy Investment Solutions LLC acquired a new stake in shares of Williams Companies during the 3rd quarter worth approximately $30,000. Rosenberg Matthew Hamilton grew 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 valued at $34,000 after buying an additional 252 shares during the period. Quarry LP purchased a new position in Williams Companies in the second quarter valued at $35,000. FSA Wealth Management LLC acquired a new position in shares of Williams Companies in the third quarter worth about $38,000. Finally, Kimelman & Baird LLC purchased a new stake in shares of Williams Companies during the 2nd quarter worth about $42,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

WMB has been the topic of several research analyst reports. Truist Financial raised their price objective on Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, December 3rd. The Goldman Sachs Group boosted their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Mizuho increased their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $52.00 to $58.00 in a research note on Friday, October 4th. Finally, CIBC raised their price target on shares of Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Williams Companies presently has an average rating of “Hold” and an average price target of $53.00.

Insider Activity at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now directly owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.44% of the stock is currently owned by insiders.

Williams Companies Stock Down 2.3 %

Shares of WMB opened at $59.22 on Thursday. The Williams Companies, Inc. has a 52-week low of $32.65 and a 52-week high of $61.46. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The stock has a fifty day simple moving average of $56.33 and a two-hundred day simple moving average of $50.12. The company has a market capitalization of $72.19 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 5.44 and a beta of 1.06.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The firm had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same period last year, the business earned $0.45 earnings per share. Williams Companies’s revenue was up 3.7% compared to the same quarter last year. As a group, equities analysts forecast that The Williams Companies, Inc. will post 1.92 EPS for the current year.

Williams Companies Announces Dividend

The company also recently declared 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. This represents a $1.90 annualized dividend and a dividend yield of 3.21%. The ex-dividend date was Friday, December 13th. Williams Companies’s payout ratio is presently 80.17%.

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.