ALM First Financial Advisors LLC Purchases Shares of 4,040 The Williams Companies, Inc. (NYSE:WMB)

ALM First Financial Advisors LLC acquired a new position in shares of The Williams Companies, Inc. (NYSE:WMB) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,040 shares of the pipeline company’s stock, valued at approximately $219,000. Williams Companies comprises about 0.0% of ALM First Financial Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in WMB. Wellington Management Group LLP lifted its position in Williams Companies by 19.0% during 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 acquiring an additional 5,697,605 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Williams Companies by 1.7% during 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 purchasing an additional 520,663 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Williams Companies by 0.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 7,239,210 shares of the pipeline company’s stock worth $330,470,000 after purchasing an additional 67,016 shares in the last quarter. Swiss National Bank boosted its stake in shares of Williams Companies by 0.3% in the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after purchasing an additional 9,800 shares during the period. Finally, Barclays PLC grew its holdings in Williams Companies by 3.4% during the 3rd quarter. Barclays PLC now owns 3,271,141 shares of the pipeline company’s stock valued at $149,326,000 after purchasing an additional 108,675 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 0.5 %

Shares of NYSE:WMB opened at $59.49 on Friday. The Williams Companies, Inc. has a twelve month low of $32.65 and a twelve month high of $60.36. 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 firm has a market cap of $72.52 billion, a P/E ratio of 25.07, a P/E/G ratio of 5.36 and a beta of 1.06. The company has a 50 day moving average of $56.00 and a 200-day moving average of $49.52.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period last year, the company posted $0.45 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. As a group, analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Friday, December 13th were given a dividend of $0.475 per share. The ex-dividend date was Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.19%. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Wall Street Analysts Forecast Growth

WMB has been the topic of several recent analyst reports. Truist Financial boosted their price target on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research note on Tuesday, December 3rd. Mizuho boosted their price target on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Morgan Stanley upgraded shares of Williams Companies from an “equal weight” rating to an “overweight” rating and boosted their target price for the company from $52.00 to $58.00 in a research note on Friday, October 4th. Barclays increased 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. Finally, Bank of America started coverage on Williams Companies in a research note on Thursday, October 17th. They issued a “buy” rating and a $55.00 target price for the company. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Williams Companies currently has a consensus rating of “Hold” and a consensus target price of $53.00.

Insider Buying and Selling

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the transaction, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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.