Autumn Glory Partners LLC Has $4.79 Million Position in The Williams Companies, Inc. (NYSE:WMB)

Autumn Glory Partners LLC trimmed its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 29.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,584 shares of the pipeline company’s stock after selling 37,113 shares during the period. Williams Companies comprises approximately 2.4% of Autumn Glory Partners LLC’s investment portfolio, making the stock its 7th biggest position. Autumn Glory Partners LLC’s holdings in Williams Companies were worth $4,794,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in WMB. Creative Planning boosted its holdings in Williams Companies by 9.9% during the third quarter. Creative Planning now owns 199,046 shares of the pipeline company’s stock worth $9,086,000 after buying an additional 17,983 shares in the last quarter. SeaCrest Wealth Management LLC boosted its stake in Williams Companies by 25.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 9,709 shares of the pipeline company’s stock worth $443,000 after purchasing an additional 1,976 shares during the period. Vontobel Holding Ltd. boosted its stake in Williams Companies by 1.6% in the 3rd quarter. Vontobel Holding Ltd. now owns 21,590 shares of the pipeline company’s stock worth $986,000 after purchasing an additional 347 shares during the period. Teamwork Financial Advisors LLC boosted its stake in Williams Companies by 2,955.2% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 278,974 shares of the pipeline company’s stock worth $12,735,000 after purchasing an additional 269,843 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Williams Companies by 115.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 565,663 shares of the pipeline company’s stock worth $25,823,000 after purchasing an additional 303,168 shares during the period. 86.44% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on WMB shares. UBS Group raised their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Barclays raised their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research note on Friday, January 10th. Truist Financial raised their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research note on Friday. Scotiabank reaffirmed a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a research note on Friday, January 10th. Finally, CIBC lifted their target price 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 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. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $53.29.

Williams Companies Stock Down 0.8 %

WMB stock opened at $57.00 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 1 year low of $33.03 and a 1 year high of $61.46. The company has a fifty day simple moving average of $55.85 and a 200 day simple moving average of $51.55. The firm has a market cap of $69.48 billion, a PE ratio of 24.05, a PEG ratio of 5.06 and a beta of 1.04.

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, meeting the consensus estimate of $0.47. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Sell-side analysts anticipate that The Williams Companies, Inc. will post 1.91 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s payout ratio is presently 80.17%.

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.