Xponance Inc. Has $6.30 Million Position in The Williams Companies, Inc. (NYSE:WMB)

Xponance Inc. increased its holdings in shares of The Williams Companies, Inc. (NYSE:WMB) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 180,735 shares of the pipeline company’s stock after acquiring an additional 1,603 shares during the period. Xponance Inc.’s holdings in Williams Companies were worth $6,295,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the business. Patten Group Inc. boosted its position in shares of Williams Companies by 1.3% during the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock valued at $832,000 after acquiring an additional 296 shares in the last quarter. Insigneo Advisory Services LLC lifted its holdings in Williams Companies by 2.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock valued at $353,000 after purchasing an additional 298 shares during the last quarter. Horan Securities Inc. lifted its holdings in Williams Companies by 2.6% during the 3rd quarter. Horan Securities Inc. now owns 11,753 shares of the pipeline company’s stock valued at $396,000 after purchasing an additional 300 shares during the last quarter. Graypoint LLC lifted its holdings in Williams Companies by 2.6% during the 4th quarter. Graypoint LLC now owns 12,263 shares of the pipeline company’s stock valued at $427,000 after purchasing an additional 307 shares during the last quarter. Finally, Valley National Advisers Inc. lifted its holdings in Williams Companies by 20.8% during the 3rd quarter. Valley National Advisers Inc. now owns 1,803 shares of the pipeline company’s stock valued at $61,000 after purchasing an additional 310 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 2.5 %

WMB opened at $38.53 on Friday. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The company has a market cap of $46.95 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 5.88 and a beta of 1.05. The firm has a 50 day simple moving average of $36.95 and a 200 day simple moving average of $35.68. The Williams Companies, Inc. has a fifty-two week low of $28.27 and a fifty-two week high of $39.76.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter in the prior year, the business earned $0.53 earnings per share. On average, sell-side analysts anticipate that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.93%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Analyst Ratings Changes

WMB has been the subject of several analyst reports. UBS Group lifted their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Wolfe Research reissued an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a report on Thursday. Truist Financial lifted their price target on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. Finally, Barclays boosted their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $38.90.

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.