Valeo Financial Advisors LLC Acquires 821 Shares of The Williams Companies, Inc. (NYSE:WMB)

Valeo Financial Advisors LLC increased its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 11.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,860 shares of the pipeline company’s stock after buying an additional 821 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Williams Companies were worth $274,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC grew its position in shares of Williams Companies by 96,588.4% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company’s stock valued at $2,086,641,000 after buying an additional 63,358,143 shares during the last quarter. Morgan Stanley lifted its position in shares of Williams Companies by 0.7% in the 4th quarter. Morgan Stanley now owns 19,750,630 shares of the pipeline company’s stock worth $649,796,000 after purchasing an additional 136,216 shares during the period. Royal Bank of Canada boosted its stake in shares of Williams Companies by 85.8% in the 1st quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock valued at $546,327,000 after purchasing an additional 7,551,749 shares during the last quarter. Northern Trust Corp lifted its holdings in Williams Companies by 8.1% in the third quarter. Northern Trust Corp now owns 14,455,063 shares of the pipeline company’s stock valued at $486,991,000 after buying an additional 1,089,150 shares during the period. Finally, Federated Hermes Inc. boosted its position in Williams Companies by 7.3% during the third quarter. Federated Hermes Inc. now owns 13,628,627 shares of the pipeline company’s stock valued at $459,148,000 after acquiring an additional 921,537 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. UBS Group upped their target price on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday. Barclays raised their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Finally, Truist Financial increased their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, Williams Companies has a consensus rating of “Hold” and an average price target of $39.00.

Williams Companies Trading Down 0.6 %

NYSE:WMB opened at $37.84 on Tuesday. 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 Williams Companies, Inc. has a one year low of $28.27 and a one year high of $39.76. The company has a market cap of $46.11 billion, a PE ratio of 14.44, a PEG ratio of 6.05 and a beta of 1.04. The firm has a 50-day moving average of $36.65 and a 200-day moving average of $35.59.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the company posted $0.53 earnings per share. As a group, equities research analysts expect that The Williams Companies, Inc. will post 1.8 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 5.02%. Williams Companies’s dividend payout ratio (DPR) is 72.52%.

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.