Retireful LLC Invests $727,000 in The Williams Companies, Inc. (NYSE:WMB)

Retireful LLC bought a new stake in The Williams Companies, Inc. (NYSE:WMB) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,439 shares of the pipeline company’s stock, valued at approximately $727,000.

Other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group raised its holdings in shares of Williams Companies by 2.6% in the 3rd quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after purchasing an additional 197 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in Williams Companies by 10.1% in the fourth quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock valued at $118,000 after buying an additional 200 shares in the last quarter. Dearborn Partners LLC lifted its holdings in Williams Companies by 1.1% during the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock worth $827,000 after buying an additional 201 shares during the last quarter. Tidal Investments LLC boosted its position in shares of Williams Companies by 0.5% during the 3rd quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock worth $1,895,000 after acquiring an additional 207 shares in the last quarter. Finally, Pinnacle Family Advisors LLC increased its holdings in shares of Williams Companies by 3.3% in the 3rd quarter. Pinnacle Family Advisors LLC now owns 6,510 shares of the pipeline company’s stock valued at $297,000 after acquiring an additional 211 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Price Performance

Williams Companies stock opened at $59.13 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The business has a 50 day simple moving average of $56.00 and a 200-day simple moving average of $49.52. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The stock has a market capitalization of $72.08 billion, a PE ratio of 24.95, a price-to-earnings-growth ratio of 5.36 and a beta of 1.06.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.01. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. Williams Companies’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 EPS. Equities analysts predict that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend was Friday, December 13th. Williams Companies’s dividend payout ratio is presently 80.17%.

Wall Street Analyst Weigh In

WMB has been the subject of several recent analyst reports. CIBC boosted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Mizuho boosted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Barclays increased their target price on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research report on Friday, January 10th. Scotiabank reissued a “sector perform” rating and issued a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. Finally, Truist Financial raised their price objective on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a report on Tuesday, December 3rd. 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 company. Based on data from MarketBeat.com, Williams Companies presently has a consensus rating of “Hold” and an average target price of $53.00.

Insiders Place Their Bets

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. This trade represents a 23.52 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.44% of the stock is currently owned by insiders.

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.