Brighton Jones LLC Purchases 3,969 Shares of The Williams Companies, Inc. (NYSE:WMB)

Brighton Jones LLC lifted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 40.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 13,680 shares of the pipeline company’s stock after acquiring an additional 3,969 shares during the quarter. Brighton Jones LLC’s holdings in Williams Companies were worth $740,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in WMB. Sustainable Insight Capital Management LLC bought a new position in Williams Companies during the fourth quarter worth about $379,000. Yeomans Consulting Group Inc. bought a new position in Williams Companies in the 4th quarter worth approximately $357,000. Veracity Capital LLC grew its stake in Williams Companies by 29.3% in the 4th quarter. Veracity Capital LLC now owns 21,299 shares of the pipeline company’s stock valued at $1,153,000 after buying an additional 4,830 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC bought a new stake in Williams Companies during the 4th quarter valued at $236,000. Finally, Avior Wealth Management LLC raised its holdings in Williams Companies by 5.2% during the 4th quarter. Avior Wealth Management LLC now owns 5,636 shares of the pipeline company’s stock valued at $305,000 after acquiring an additional 277 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 0.3 %

Shares of WMB stock opened at $59.64 on Friday. The business has a 50-day moving average price of $56.47 and a two-hundred day moving average price of $50.30. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $61.46. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The firm has a market cap of $72.70 billion, a P/E ratio of 25.17, a price-to-earnings-growth ratio of 5.31 and a beta of 1.06.

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

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.19%. The ex-dividend date of this dividend was Friday, December 13th. Williams Companies’s dividend payout ratio is presently 80.17%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 7,951 shares of Williams Companies stock in a transaction that occurred 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 transaction, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.44% of the company’s stock.

Analysts Set New Price Targets

WMB has been the subject of several recent research reports. Scotiabank reiterated a “sector perform” rating and issued a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. The Goldman Sachs Group lifted their target price on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, November 26th. Mizuho increased their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a report on Monday, November 4th. Citigroup boosted their price objective on shares of Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Truist Financial increased their target price on shares of Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research note on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $53.00.

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.