Livforsakringsbolaget Skandia Omsesidigt Has $136,000 Stake in The Williams Companies, Inc. (NYSE:WMB)

Livforsakringsbolaget Skandia Omsesidigt raised its position in The Williams Companies, Inc. (NYSE:WMB) by 115.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,915 shares of the pipeline company’s stock after buying an additional 2,100 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Williams Companies were worth $136,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fairfield Bush & CO. bought a new stake in Williams Companies during the first quarter worth $54,000. Acadian Asset Management LLC lifted 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 worth $347,000 after buying an additional 2,540 shares during the last quarter. Cibc World Market Inc. lifted 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 worth $3,375,000 after buying an additional 91,851 shares during the last quarter. Cetera Investment Advisers boosted its stake 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 bought a new position in Williams Companies in the first quarter valued at about $319,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on WMB. 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 target price on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, April 11th. Truist Financial upped their price target on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a report on Monday, March 25th. Finally, Wolfe Research reissued an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a report on Thursday. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Williams Companies has an average rating of “Hold” and a consensus price target of $38.90.

Williams Companies Stock Down 0.3 %

Shares of WMB opened at $37.58 on Friday. The company has a market capitalization of $45.79 billion, a PE ratio of 14.34, a PEG ratio of 5.89 and a beta of 1.05. The stock’s 50-day moving average price is $36.86 and its two-hundred day moving average price is $35.65. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month 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 analysts’ consensus estimates 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 company earned $0.53 EPS. On average, analysts anticipate that The Williams Companies, Inc. will post 1.83 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 5.06%. Williams Companies’s payout ratio is presently 72.52%.

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.