Uncommon Cents Investing LLC Buys 1,375 Shares of The Williams Companies, Inc. (NYSE:WMB)

Uncommon Cents Investing LLC lifted its stake in The Williams Companies, Inc. (NYSE:WMB) by 5.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,975 shares of the pipeline company’s stock after acquiring an additional 1,375 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Williams Companies were worth $940,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. FSC Wealth Advisors LLC purchased a new stake in Williams Companies during the third quarter valued at approximately $27,000. HWG Holdings LP bought a new stake in Williams Companies during the third quarter valued at about $29,000. Salem Investment Counselors Inc. increased its position in Williams Companies by 52.5% in the second quarter. Salem Investment Counselors Inc. now owns 915 shares of the pipeline company’s stock worth $29,000 after buying an additional 315 shares in the last quarter. Carmel Capital Partners LLC purchased a new position in shares of Williams Companies during the 3rd quarter valued at about $31,000. Finally, CGC Financial Services LLC purchased a new position in Williams Companies during the fourth quarter valued at approximately $35,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently commented on WMB. Mizuho raised their price objective on shares of Williams Companies from $41.00 to $43.00 and gave the company a “buy” rating in a research report on Thursday, December 7th. Truist Financial boosted their price objective on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday. Finally, UBS Group lifted their target price on Williams Companies from $41.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, February 15th. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Williams Companies presently has an average rating of “Hold” and a consensus target price of $38.09.

Williams Companies Price Performance

Shares of WMB traded up $0.41 during mid-day trading on Thursday, hitting $38.95. 6,720,431 shares of the stock were exchanged, compared to its average volume of 7,153,056. The firm has a 50-day moving average of $35.50 and a two-hundred day moving average of $35.15. The Williams Companies, Inc. has a 52-week low of $28.27 and a 52-week high of $39.09. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77. The company has a market cap of $47.46 billion, a PE ratio of 14.87, a price-to-earnings-growth ratio of 6.05 and a beta of 1.04.

Williams Companies (NYSE:WMB) last released its quarterly earnings results 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 in the prior year, the business earned $0.53 EPS. On average, equities analysts predict that The Williams Companies, Inc. will post 1.8 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 28th. Shareholders of record on Friday, March 15th will be given a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.88%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

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.