Bank of New Hampshire Increases Stake in The Williams Companies, Inc. (NYSE:WMB)

Bank of New Hampshire grew its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,298 shares of the pipeline company’s stock after buying an additional 478 shares during the quarter. Bank of New Hampshire’s holdings in Williams Companies were worth $1,055,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of WMB. SG Americas Securities LLC raised its position in Williams Companies by 120.8% during the 3rd quarter. SG Americas Securities LLC now owns 26,424 shares of the pipeline company’s stock worth $890,000 after buying an additional 153,630 shares during the last quarter. Avior Wealth Management LLC increased its holdings in shares of Williams Companies by 2.1% in the 3rd quarter. Avior Wealth Management LLC now owns 23,743 shares of the pipeline company’s stock valued at $800,000 after purchasing an additional 486 shares in the last quarter. Riverview Trust Co increased its holdings in shares of Williams Companies by 628.2% in the 3rd quarter. Riverview Trust Co now owns 2,993 shares of the pipeline company’s stock valued at $101,000 after purchasing an additional 2,582 shares in the last quarter. Caprock Group LLC increased its holdings in shares of Williams Companies by 27.2% in the 3rd quarter. Caprock Group LLC now owns 9,970 shares of the pipeline company’s stock valued at $336,000 after purchasing an additional 2,129 shares in the last quarter. Finally, Miller Howard Investments Inc. NY increased its holdings in shares of Williams Companies by 18.3% in the 3rd quarter. Miller Howard Investments Inc. NY now owns 750,934 shares of the pipeline company’s stock valued at $25,299,000 after purchasing an additional 115,988 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 0.8 %

Shares of WMB traded down $0.30 during mid-day trading on Friday, reaching $39.15. 2,215,326 shares of the stock traded hands, compared to its average volume of 6,955,917. The firm has a market cap of $47.70 billion, a price-to-earnings ratio of 15.06, a P/E/G ratio of 6.14 and a beta of 1.05. The stock has a fifty day simple moving average of $37.35 and a 200 day simple moving average of $35.85. The Williams Companies, Inc. has a 12-month low of $28.27 and a 12-month high of $39.76. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.57.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (EPS) for the quarter, beating 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 last year, the company earned $0.53 EPS. Sell-side analysts expect that The Williams Companies, Inc. will post 1.83 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.85%. Williams Companies’s payout ratio is currently 72.52%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on WMB. Truist Financial increased their price objective on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. UBS Group raised their price target on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Wolfe Research reaffirmed an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a research note on Thursday, April 18th. Finally, Barclays raised their price target 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 investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $39.22.

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.