Toth Financial Advisory Corp Sells 1,265 Shares of The Williams Companies, Inc. (NYSE:WMB)

Toth Financial Advisory Corp trimmed its holdings in The Williams Companies, Inc. (NYSE:WMB) by 50.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,236 shares of the pipeline company’s stock after selling 1,265 shares during the quarter. Toth Financial Advisory Corp’s holdings in Williams Companies were worth $67,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of WMB. Wellington Management Group LLP grew its position in Williams Companies by 19.0% in the 3rd quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock worth $1,631,288,000 after purchasing an additional 5,697,605 shares during the last quarter. Geode Capital Management LLC boosted its stake in Williams Companies by 1.7% during the third quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock worth $1,398,004,000 after buying an additional 520,663 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Williams Companies by 0.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 7,239,210 shares of the pipeline company’s stock valued at $330,470,000 after acquiring an additional 67,016 shares in the last quarter. Swiss National Bank increased its stake in Williams Companies by 0.3% in the third quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock valued at $165,130,000 after acquiring an additional 9,800 shares during the period. Finally, Barclays PLC raised its position in Williams Companies by 3.4% in the third quarter. Barclays PLC now owns 3,271,141 shares of the pipeline company’s stock worth $149,326,000 after purchasing an additional 108,675 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. Scotiabank reissued a “sector perform” rating and set a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. Truist Financial upped their target price on shares of Williams Companies from $52.00 to $56.00 and gave the stock a “hold” rating in a report on Tuesday, December 3rd. Bank of America assumed coverage on shares of Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price target for the company. Finally, Citigroup upped their price objective on shares of Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $53.00.

Williams Companies Stock Up 0.3 %

Williams Companies stock opened at $59.64 on Friday. The company’s 50 day simple moving average is $56.47 and its 200 day simple moving average is $50.30. The firm has a market capitalization of $72.70 billion, a price-to-earnings ratio of 25.17, a PEG ratio of 5.31 and a beta of 1.06. The Williams Companies, Inc. has a fifty-two week low of $32.65 and a fifty-two week high of $61.46. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51.

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

Williams Companies Dividend Announcement

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

Insider Buying and Selling

In related news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $56.30, for a total transaction of $447,641.30. Following the transaction, the chief accounting officer now directly owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.44% of the stock is currently owned by corporate insiders.

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.