Telemus Capital LLC Grows Stake in The Williams Companies, Inc. (NYSE:WMB)

Telemus Capital LLC raised its stake in The Williams Companies, Inc. (NYSE:WMB) by 3.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 182,593 shares of the pipeline company’s stock after purchasing an additional 6,686 shares during the quarter. Telemus Capital LLC’s holdings in Williams Companies were worth $6,360,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Duality Advisers LP purchased a new position in Williams Companies in the fourth quarter valued at about $6,636,000. MCF Advisors LLC raised its position in Williams Companies by 10.0% in the fourth quarter. MCF Advisors LLC now owns 4,356 shares of the pipeline company’s stock valued at $152,000 after purchasing an additional 397 shares during the period. Brendel Financial Advisors LLC purchased a new position in Williams Companies in the fourth quarter valued at about $2,033,000. Cetera Trust Company N.A purchased a new position in Williams Companies in the fourth quarter valued at about $85,000. Finally, CWM LLC grew its stake in shares of Williams Companies by 18.1% during the fourth quarter. CWM LLC now owns 54,960 shares of the pipeline company’s stock valued at $1,914,000 after acquiring an additional 8,426 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Stock Performance

WMB opened at $38.66 on Tuesday. The business’s 50 day moving average is $37.03 and its 200-day moving average is $35.76. The stock has a market cap of $47.10 billion, a PE ratio of 14.76, a price-to-earnings-growth ratio of 6.02 and a beta of 1.04. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The Williams Companies, Inc. has a twelve month low of $28.27 and a twelve month high of $39.76.

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

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.91%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

Analyst Ratings Changes

Several analysts have recently weighed in on WMB shares. Wolfe Research restated an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a research note on Thursday, April 18th. UBS Group raised their target price on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, April 12th. Truist Financial raised their target price on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. Finally, Barclays raised their target price on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. One analyst has rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $39.22.

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.