AJOVista LLC Invests $141,000 in The Williams Companies, Inc. (NYSE:WMB)

AJOVista LLC acquired a new stake in The Williams Companies, Inc. (NYSE:WMB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 4,049 shares of the pipeline company’s stock, valued at approximately $141,000.

Several other institutional investors and hedge funds also recently made changes to their positions in WMB. Rheos Capital Works Inc. grew its stake in shares of Williams Companies by 59.0% during the fourth quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock valued at $22,988,000 after buying an additional 245,000 shares during the last quarter. Autumn Glory Partners LLC increased its stake in Williams Companies by 28.1% in the 3rd quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock worth $3,625,000 after purchasing an additional 23,579 shares during the period. Wellington Management Group LLP lifted its position in Williams Companies by 35.1% in the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock valued at $321,867,000 after purchasing an additional 2,482,331 shares during the last quarter. Bahl & Gaynor Inc. boosted its stake in shares of Williams Companies by 45.3% during the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after purchasing an additional 2,040,993 shares during the period. Finally, International Assets Investment Management LLC boosted its stake in shares of Williams Companies by 3,338.2% during the fourth quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock valued at $12,264,000 after purchasing an additional 341,863 shares during the period. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Up 0.3 %

NYSE WMB traded up $0.13 during mid-day trading on Friday, reaching $38.67. The stock had a trading volume of 4,420,828 shares, compared to its average volume of 6,587,367. The stock has a market cap of $47.12 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 6.05 and a beta of 1.05. The Williams Companies, Inc. has a 1 year low of $28.27 and a 1 year high of $39.76. 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 company has a fifty day moving average price of $37.85 and a 200 day moving average price of $36.00.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share 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 business posted $0.53 earnings per share. On average, research analysts expect that The Williams Companies, Inc. will post 1.82 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.91%. The ex-dividend date of this dividend is Friday, June 7th. Williams Companies’s dividend payout ratio (DPR) is currently 72.52%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on WMB shares. UBS Group upped their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Barclays lifted 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. Wolfe Research reaffirmed an “underperform” rating and issued a $34.00 price target on shares of Williams Companies in a research note on Thursday, April 18th. Truist Financial raised their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. Finally, US Capital Advisors cut Williams Companies from an “overweight” rating to a “hold” rating in a research report on Monday, April 29th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $39.22.

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.