Syon Capital LLC Buys 737 Shares of The Williams Companies, Inc. (NYSE:WMB)

Syon Capital LLC grew its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 7.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,112 shares of the pipeline company’s stock after purchasing an additional 737 shares during the period. Syon Capital LLC’s holdings in Williams Companies were worth $352,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the stock. Patten Group Inc. lifted its stake in shares of Williams Companies by 1.3% in the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock valued at $832,000 after purchasing an additional 296 shares during the period. Insigneo Advisory Services LLC boosted its holdings in shares of Williams Companies by 2.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock valued at $353,000 after buying an additional 298 shares in the last quarter. Horan Securities Inc. grew its position in shares of Williams Companies by 2.6% in the 3rd quarter. Horan Securities Inc. now owns 11,753 shares of the pipeline company’s stock worth $396,000 after buying an additional 300 shares during the period. Graypoint LLC increased its stake in shares of Williams Companies by 2.6% in the 4th quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock worth $427,000 after acquiring an additional 307 shares in the last quarter. Finally, Valley National Advisers Inc. boosted its stake in Williams Companies by 20.8% during the third quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company’s stock worth $61,000 after acquiring an additional 310 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of analyst reports. 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 note on Thursday, April 11th. Truist Financial increased their target price on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Wolfe Research reaffirmed an “underperform” rating and issued a $34.00 price target on shares of Williams Companies in a research report on Thursday, April 18th. Finally, UBS Group increased their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, April 12th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Williams Companies has a consensus rating of “Hold” and an average price target of $39.22.

Williams Companies Stock Performance

WMB stock opened at $39.26 on Friday. 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. The company has a market cap of $47.84 billion, a P/E ratio of 14.98, a price-to-earnings-growth ratio of 6.14 and a beta of 1.05. The stock’s fifty day moving average price is $37.45 and its 200-day moving average price is $35.89.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (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 in the previous year, the business earned $0.53 EPS. 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 firm 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 dividend on an annualized basis and a dividend yield of 4.84%. Williams Companies’s payout ratio is 72.52%.

Williams Companies 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.