Xponance Inc. Has $6.30 Million Stake in The Williams Companies, Inc. (NYSE:WMB)

Xponance Inc. boosted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.9% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 180,735 shares of the pipeline company’s stock after buying an additional 1,603 shares during the period. Xponance Inc.’s holdings in Williams Companies were worth $6,295,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Williams Companies in the 4th quarter valued at approximately $26,000. FSC Wealth Advisors LLC acquired a new stake in shares of Williams Companies in the 3rd quarter valued at approximately $27,000. HWG Holdings LP acquired a new stake in shares of Williams Companies in the 3rd quarter valued at approximately $29,000. Salem Investment Counselors Inc. boosted its stake in shares of Williams Companies by 52.5% in the 2nd quarter. Salem Investment Counselors Inc. now owns 915 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 315 shares in the last quarter. Finally, Carmel Capital Partners LLC acquired a new stake in shares of Williams Companies in the 3rd quarter valued at approximately $31,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Stock Performance

Shares of WMB stock opened at $38.53 on Friday. The company has a market cap of $46.95 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 5.88 and a beta of 1.05. The Williams Companies, Inc. has a 52 week low of $28.27 and a 52 week high of $39.76. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.57. The firm has a 50 day moving average of $36.95 and a 200-day moving average of $35.68.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, topping 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 quarter in the prior year, the business posted $0.53 earnings per share. On average, equities analysts forecast that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.475 per share. This represents a $1.90 annualized dividend and a dividend yield of 4.93%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Analyst Ratings Changes

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

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.