The Williams Companies, Inc. (NYSE:WMB) Holdings Boosted by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC raised its position in The Williams Companies, Inc. (NYSE:WMB) by 3.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,949 shares of the pipeline company’s stock after purchasing an additional 742 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Williams Companies were worth $869,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Fairfield Bush & CO. acquired a new stake in shares of Williams Companies during the 1st quarter valued at $54,000. Acadian Asset Management LLC boosted its position in shares of Williams Companies by 32.3% during the 1st quarter. Acadian Asset Management LLC now owns 10,414 shares of the pipeline company’s stock valued at $347,000 after acquiring an additional 2,540 shares in the last quarter. Cibc World Market Inc. boosted its position in shares of Williams Companies by 1,001.1% during the 1st quarter. Cibc World Market Inc. now owns 101,026 shares of the pipeline company’s stock valued at $3,375,000 after acquiring an additional 91,851 shares in the last quarter. Cetera Investment Advisers boosted its position in Williams Companies by 42.9% in the first quarter. Cetera Investment Advisers now owns 98,677 shares of the pipeline company’s stock valued at $3,297,000 after buying an additional 29,625 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in shares of Williams Companies during the first quarter worth approximately $319,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on WMB shares. Wolfe Research reiterated an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a research report on Thursday. Barclays upped their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Truist Financial upped their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. Finally, UBS Group boosted their price target on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $38.90.

Williams Companies Stock Up 1.8 %

Shares of Williams Companies stock traded up $0.67 on Friday, hitting $38.25. The company had a trading volume of 1,018,971 shares, compared to its average volume of 7,037,900. The firm has a market capitalization of $46.60 billion, a P/E ratio of 14.34, a P/E/G ratio of 5.89 and a beta of 1.05. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.76. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The stock has a 50-day moving average of $36.86 and a 200-day moving average of $35.65.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same period in the previous year, the firm earned $0.53 earnings per share. Research analysts predict that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.97%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

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.