Yeomans Consulting Group Inc. Acquires Shares of 6,594 The Williams Companies, Inc. (NYSE:WMB)

Yeomans Consulting Group Inc. bought a new position in shares of The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 6,594 shares of the pipeline company’s stock, valued at approximately $357,000.

Other institutional investors have also made changes to their positions in the company. Albion Financial Group UT grew its position in shares of Williams Companies by 18.4% in the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock valued at $64,000 after purchasing an additional 184 shares during the last quarter. Brooklyn Investment Group grew its stake in shares of Williams Companies by 2.6% in the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after acquiring an additional 197 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in Williams Companies by 10.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock worth $118,000 after acquiring an additional 200 shares during the period. Dearborn Partners LLC raised its stake in Williams Companies by 1.1% in the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock worth $827,000 after purchasing an additional 201 shares in the last quarter. Finally, Tidal Investments LLC boosted its holdings in Williams Companies by 0.5% in the 3rd quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock valued at $1,895,000 after purchasing an additional 207 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

Shares of WMB opened at $59.58 on Friday. The business has a 50-day simple moving average of $56.33 and a two-hundred day simple moving average of $50.12. The Williams Companies, Inc. has a 12-month low of $32.65 and a 12-month high of $61.46. The stock has a market cap of $72.62 billion, a PE ratio of 25.14, a PEG ratio of 5.31 and a beta of 1.06. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last released 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. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the prior year, the firm posted $0.45 earnings per share. The firm’s revenue was up 3.7% compared to the same quarter last year. Analysts anticipate that The Williams Companies, Inc. will post 1.92 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

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

Insider Buying and Selling

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

Analyst Ratings Changes

Several brokerages have recently commented on WMB. Bank of America started coverage on shares of Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 target price on the stock. Royal Bank of Canada lifted their price objective on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Truist Financial raised their price target on Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a research report on Tuesday, December 3rd. Citigroup raised their target price on shares of Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Finally, Scotiabank restated a “sector perform” rating and issued a $51.00 target price on shares of Williams Companies in a research report on Friday, January 10th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.00.

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.