Commerzbank Aktiengesellschaft FI Has $479,000 Position in The Williams Companies, Inc. (NYSE:WMB)

Commerzbank Aktiengesellschaft FI increased its holdings in The Williams Companies, Inc. (NYSE:WMB) by 42.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,831 shares of the pipeline company’s stock after purchasing an additional 2,624 shares during the period. Commerzbank Aktiengesellschaft FI’s holdings in Williams Companies were worth $479,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP raised its holdings in shares of Williams Companies by 19.0% in the 3rd quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock worth $1,631,288,000 after buying an additional 5,697,605 shares in the last quarter. Geode Capital Management LLC grew its position in Williams Companies by 1.7% in the third quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock valued at $1,398,004,000 after acquiring an additional 520,663 shares during the period. Bahl & Gaynor Inc. raised its stake in Williams Companies by 2.9% during the fourth quarter. Bahl & Gaynor Inc. now owns 8,425,933 shares of the pipeline company’s stock worth $456,012,000 after acquiring an additional 234,423 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Williams Companies by 2.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 7,405,951 shares of the pipeline company’s stock valued at $400,810,000 after acquiring an additional 166,741 shares during the period. Finally, Swiss National Bank lifted its holdings in shares of Williams Companies by 0.3% during the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after acquiring an additional 9,800 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 0.9 %

Shares of NYSE:WMB opened at $56.31 on Thursday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The stock has a market cap of $68.66 billion, a price-to-earnings ratio of 30.77, a P/E/G ratio of 5.01 and a beta of 1.03. The company has a 50 day moving average of $56.68 and a 200-day moving average of $53.00. The Williams Companies, Inc. has a one year low of $35.74 and a one year high of $61.46.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 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%. On average, sell-side analysts forecast that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Friday, March 14th. This represents a $2.00 dividend on an annualized basis and a yield of 3.55%. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio (DPR) is 109.29%.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of recent analyst reports. Royal Bank of Canada increased their target price on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday. Truist Financial lifted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Barclays boosted their target price on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a report on Friday, January 10th. CIBC raised their price target on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, The Goldman Sachs Group boosted 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. 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. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $54.93.

Insider Transactions at Williams Companies

In related news, CAO Mary A. Hausman sold 8,896 shares of Williams Companies stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total transaction of $511,520.00. Following the transaction, the chief accounting officer now owns 22,339 shares of the company’s stock, valued at $1,284,492.50. This trade represents a 28.48 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Chad A. Teply sold 26,000 shares of the company’s stock in a transaction that occurred on 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 sale, the senior vice president now directly owns 133,048 shares of the company’s stock, valued at $7,511,890.08. The trade was a 16.35 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 0.44% of the company’s stock.

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.