Atomi Financial Group Inc. Increases Holdings in The Williams Companies, Inc. (NYSE:WMB)

Atomi Financial Group Inc. increased its position in The Williams Companies, Inc. (NYSE:WMB) by 42.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 17,511 shares of the pipeline company’s stock after purchasing an additional 5,210 shares during the quarter. Atomi Financial Group Inc.’s holdings in Williams Companies were worth $948,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of WMB. Brooklyn Investment Group lifted its position in shares of Williams Companies by 2.6% during the 3rd quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after buying an additional 197 shares in the last quarter. Laurel Wealth Advisors LLC raised its position in Williams Companies by 10.1% during the fourth quarter. Laurel Wealth Advisors LLC now owns 2,178 shares of the pipeline company’s stock worth $118,000 after acquiring an additional 200 shares during the period. Dearborn Partners LLC lifted its holdings in Williams Companies by 1.1% during the third quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock valued at $827,000 after purchasing an additional 201 shares in the last quarter. Tidal Investments LLC grew its position in shares of Williams Companies by 0.5% in the third quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock valued at $1,895,000 after purchasing an additional 207 shares during the period. Finally, Pinnacle Family Advisors LLC increased its stake in shares of Williams Companies by 3.3% during the third quarter. Pinnacle Family Advisors LLC now owns 6,510 shares of the pipeline company’s stock worth $297,000 after purchasing an additional 211 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

Shares of Williams Companies stock opened at $59.22 on Thursday. The firm has a market cap of $72.19 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 5.30 and a beta of 1.06. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67. The Williams Companies, Inc. has a 52 week low of $32.65 and a 52 week high of $61.46. The business’s fifty day simple moving average is $56.26 and its 200-day simple moving average is $50.05.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.89%. The company had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the prior year, the company posted $0.45 earnings per share. Williams Companies’s revenue for the quarter was up 3.7% compared to the same quarter last year. Equities analysts forecast that The Williams Companies, Inc. will post 1.92 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 13th were issued a $0.475 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.21%. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Analysts Set New Price Targets

WMB has been the topic of a number of research reports. Barclays raised their price target on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a research note on Friday, January 10th. Citigroup lifted their price target on Williams Companies from $45.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Scotiabank restated a “sector perform” rating and issued a $51.00 price objective on shares of Williams Companies in a report on Friday, January 10th. The Goldman Sachs Group upped their target price on shares of Williams Companies from $45.00 to $55.00 and gave the stock a “neutral” rating in a report on Tuesday, November 26th. Finally, Royal Bank of Canada boosted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $53.00.

Insider Buying and Selling at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.44% of the stock is owned by corporate insiders.

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.