Texas Yale Capital Corp. Increases Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Texas Yale Capital Corp. increased its holdings in The Williams Companies, Inc. (NYSE:WMB) by 0.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,076 shares of the pipeline company’s stock after acquiring an additional 650 shares during the quarter. Texas Yale Capital Corp.’s holdings in Williams Companies were worth $5,903,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. Baader Bank Aktiengesellschaft increased its stake in shares of Williams Companies by 3.3% during the fourth quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock valued at $300,000 after purchasing an additional 180 shares in the last quarter. Albion Financial Group UT increased its position in Williams Companies by 18.4% during the 4th quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after buying an additional 184 shares in the last quarter. Sprinkle Financial Consultants LLC raised its stake in Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock valued at $275,000 after buying an additional 185 shares during the last quarter. AMG National Trust Bank boosted its holdings in Williams Companies by 0.6% in the fourth quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company’s stock worth $1,669,000 after acquiring an additional 186 shares in the last quarter. Finally, Tower Wealth Partners Inc. grew its stake in shares of Williams Companies by 4.3% in the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company’s stock worth $248,000 after acquiring an additional 191 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, SVP Larry C. Larsen sold 8,000 shares of Williams Companies stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total transaction of $455,520.00. Following the transaction, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Mary A. Hausman sold 8,896 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total value of $511,520.00. Following the completion of the sale, the chief accounting officer now owns 22,339 shares of the company’s stock, valued at $1,284,492.50. The trade was a 28.48 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 139,583 shares of company stock worth $7,563,278. Company insiders own 0.44% of the company’s stock.

Williams Companies Stock Down 1.1 %

WMB opened at $54.26 on Wednesday. The firm’s 50 day simple moving average is $57.21 and its two-hundred day simple moving average is $55.21. The company has a market capitalization of $66.16 billion, a PE ratio of 29.65, a PEG ratio of 5.01 and a beta of 0.87. The Williams Companies, Inc. has a 1-year low of $37.18 and a 1-year high of $61.67. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last announced 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 return on equity of 15.85% and a net margin of 21.17%. As a group, equities analysts forecast that The Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.69%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Friday, March 14th. Williams Companies’s dividend payout ratio is currently 109.29%.

Analysts Set New Price Targets

WMB has been the subject of several recent analyst reports. Scotiabank lifted their price target on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 6th. Royal Bank of Canada increased their price target on shares of Williams Companies from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Tuesday, March 4th. Truist Financial boosted their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. CIBC increased their target price on Williams Companies from $56.00 to $57.00 and gave the company a “neutral” rating in a research note on Tuesday, March 4th. Finally, Morgan Stanley boosted their price target on Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $56.07.

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.