Cwm LLC Grows Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Cwm LLC lifted its stake in The Williams Companies, Inc. (NYSE:WMB) by 18.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,960 shares of the pipeline company’s stock after purchasing an additional 8,426 shares during the quarter. Cwm LLC’s holdings in Williams Companies were worth $1,914,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in WMB. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $26,000. FSC Wealth Advisors LLC bought a new stake in shares of Williams Companies in the 3rd quarter worth approximately $27,000. HWG Holdings LP bought a new stake in shares of Williams Companies in the 3rd quarter worth approximately $29,000. Carmel Capital Partners LLC bought a new stake in shares of Williams Companies in the 3rd quarter worth approximately $31,000. Finally, CGC Financial Services LLC bought a new stake in shares of Williams Companies in the 4th quarter worth approximately $35,000. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

NYSE WMB opened at $39.45 on Friday. The business’s fifty day moving average price is $37.35 and its 200-day moving average price is $35.85. The stock has a market capitalization of $48.07 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 6.14 and a beta of 1.05. 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 Williams Companies, Inc. has a 1-year low of $28.27 and a 1-year high of $39.76.

Williams Companies (NYSE:WMB) last posted 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 return on equity of 16.20% and a net margin of 29.22%. During the same period last year, the business posted $0.53 earnings per share. On average, equities analysts predict that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.82%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Analyst Ratings Changes

Several research firms recently issued reports on WMB. Truist Financial upped their price objective on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, March 25th. UBS Group upped their price objective on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Wolfe Research reaffirmed an “underperform” rating and issued a $34.00 price objective on shares of Williams Companies in a research report on Thursday, April 18th. Finally, Barclays upped their price objective on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, April 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $39.22.

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.