Mosley Wealth Management Purchases 451 Shares of The Williams Companies, Inc. (NYSE:WMB)

Mosley Wealth Management lifted its position in The Williams Companies, Inc. (NYSE:WMB) by 2.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,540 shares of the pipeline company’s stock after buying an additional 451 shares during the period. Mosley Wealth Management’s holdings in Williams Companies were worth $1,026,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in WMB. Wellington Management Group LLP grew its stake in Williams Companies by 19.0% in the third quarter. Wellington Management Group LLP now owns 35,734,666 shares of the pipeline company’s stock valued at $1,631,288,000 after acquiring an additional 5,697,605 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Williams Companies by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 30,722,702 shares of the pipeline company’s stock valued at $1,398,004,000 after purchasing an additional 520,663 shares in the last quarter. Amundi grew its position in shares of Williams Companies by 28.8% in the 4th quarter. Amundi now owns 8,781,963 shares of the pipeline company’s stock valued at $495,215,000 after purchasing an additional 1,964,421 shares during the period. Bahl & Gaynor Inc. increased its stake in Williams Companies by 2.9% during the 4th quarter. Bahl & Gaynor Inc. now owns 8,425,933 shares of the pipeline company’s stock worth $456,012,000 after purchasing an additional 234,423 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in Williams Companies by 2.3% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 7,405,951 shares of the pipeline company’s stock worth $400,810,000 after buying an additional 166,741 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on WMB shares. Royal Bank of Canada increased their price objective on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 4th. Truist Financial increased their target price on Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Citigroup upped their price objective on Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Scotiabank lifted their target price on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a research report on Thursday, March 6th. Finally, CIBC upped their price target on Williams Companies from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 4th. 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 company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $55.21.

Williams Companies Stock Performance

Shares of WMB opened at $59.60 on Friday. The company has a market cap of $72.67 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 5.01 and a beta of 1.03. The firm has a 50-day moving average of $57.09 and a 200-day moving average of $53.99. The Williams Companies, Inc. has a one year low of $37.18 and a one year high of $61.46. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. As a group, equities analysts forecast that The Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 14th will be paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 3.36%. The ex-dividend date is Friday, March 14th. This is a boost from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is 109.29%.

Insider Buying and Selling at Williams Companies

In other news, SVP Chad A. Teply sold 26,000 shares of the firm’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the sale, the senior vice president now owns 133,048 shares in the company, valued at approximately $7,511,890.08. This trade represents a 16.35 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Mary A. Hausman sold 8,896 shares of Williams Companies stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total transaction of $511,520.00. Following the sale, the chief accounting officer now directly owns 22,339 shares of the company’s stock, valued at $1,284,492.50. The trade was a 28.48 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 139,583 shares of company stock valued at $7,563,278 in the last quarter. 0.44% of the stock is currently owned by insiders.

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.