L.M. Kohn & Company Sells 862 Shares of The Williams Companies, Inc. (NYSE:WMB)

L.M. Kohn & Company reduced its stake in The Williams Companies, Inc. (NYSE:WMB) by 14.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,311 shares of the pipeline company’s stock after selling 862 shares during the quarter. L.M. Kohn & Company’s holdings in Williams Companies were worth $287,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of WMB. Quent Capital LLC bought a new position in shares of Williams Companies during the fourth quarter worth approximately $25,000. AlphaMark Advisors LLC bought a new position in shares of Williams Companies during the fourth quarter worth approximately $27,000. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies during the third quarter worth approximately $30,000. Financial Life Planners bought a new position in shares of Williams Companies during the fourth quarter worth approximately $30,000. Finally, SOA Wealth Advisors LLC. bought a new position in shares of Williams Companies during the fourth quarter worth approximately $32,000. 86.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on WMB shares. Mizuho raised their target price 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. Scotiabank reiterated a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. CIBC increased their price target on shares of Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Truist Financial increased their price target on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday. Finally, The Goldman Sachs Group increased their price target on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 26th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Williams Companies presently has an average rating of “Hold” and a consensus price target of $53.29.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $57.00 on Monday. 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 Williams Companies, Inc. has a fifty-two week low of $33.03 and a fifty-two week high of $61.46. The firm has a market capitalization of $69.48 billion, a P/E ratio of 24.05, a P/E/G ratio of 5.06 and a beta of 1.04. The company’s 50 day moving average price is $55.85 and its two-hundred day moving average price is $51.71.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. On average, equities analysts forecast that The Williams Companies, Inc. will post 1.91 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be given a dividend of $0.50 per share. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.51%. The ex-dividend date of this dividend is Friday, March 14th. Williams Companies’s dividend payout ratio is currently 109.29%.

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.