Bradley Foster & Sargent Inc. CT Has $559,000 Holdings in The Williams Companies, Inc. (NYSE:WMB)

Bradley Foster & Sargent Inc. CT lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 2.8% during the 4th quarter, HoldingsChannel reports. The fund owned 10,331 shares of the pipeline company’s stock after purchasing an additional 285 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in Williams Companies were worth $559,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Quent Capital LLC acquired a new stake in shares of Williams Companies during the fourth quarter valued at about $25,000. Bank of Jackson Hole Trust bought a new position in Williams Companies in the 4th quarter valued at approximately $25,000. AlphaMark Advisors LLC acquired a new stake in Williams Companies during the 4th quarter worth approximately $27,000. Legacy Investment Solutions LLC bought a new stake in Williams Companies during the 3rd quarter worth approximately $30,000. Finally, Financial Life Planners acquired a new position in Williams Companies in the 4th quarter valued at approximately $30,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 1.7 %

WMB opened at $57.44 on Friday. The company has a fifty day moving average price of $56.15 and a two-hundred day moving average price of $52.25. The Williams Companies, Inc. has a 1-year low of $34.26 and a 1-year high of $61.46. The company has a market cap of $70.01 billion, a P/E ratio of 31.39, a price-to-earnings-growth ratio of 5.01 and a beta of 1.04. 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 issued its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Analysts predict that The Williams Companies, Inc. will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.48%. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio is presently 103.83%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group lifted their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Truist Financial lifted their target price on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Barclays raised their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an “equal weight” rating in a research report on Friday, January 10th. Mizuho upped their target price on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Monday, November 4th. Finally, Scotiabank restated a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $53.29.

Williams Companies Company 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.