Opus Capital Group LLC Increases Stake in The Williams Companies, Inc. (NYSE:WMB)

Opus Capital Group LLC grew its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 5.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,813 shares of the pipeline company’s stock after buying an additional 599 shares during the period. Opus Capital Group LLC’s holdings in Williams Companies were worth $377,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Sfmg LLC raised its position in Williams Companies by 3.7% during the 4th quarter. Sfmg LLC now owns 16,604 shares of the pipeline company’s stock worth $578,000 after buying an additional 589 shares during the last quarter. West Paces Advisors Inc. increased its holdings in shares of Williams Companies by 30.1% in the 4th quarter. West Paces Advisors Inc. now owns 16,897 shares of the pipeline company’s stock valued at $589,000 after purchasing an additional 3,911 shares in the last quarter. Wealth Alliance increased its holdings in shares of Williams Companies by 5.1% in the 4th quarter. Wealth Alliance now owns 51,534 shares of the pipeline company’s stock valued at $1,795,000 after purchasing an additional 2,482 shares in the last quarter. Marino Stram & Associates LLC purchased a new position in shares of Williams Companies in the 4th quarter valued at about $283,000. Finally, Eads & Heald Wealth Management increased its holdings in shares of Williams Companies by 11.7% in the 4th quarter. Eads & Heald Wealth Management now owns 7,759 shares of the pipeline company’s stock valued at $270,000 after purchasing an additional 815 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on WMB shares. UBS Group increased their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Truist Financial raised their price target 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. 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. Six equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $39.00.

Williams Companies Trading Up 0.1 %

Shares of WMB traded up $0.03 during mid-day trading on Wednesday, hitting $37.68. The company had a trading volume of 6,399,390 shares, compared to its average volume of 7,119,099. The Williams Companies, Inc. has a 1-year low of $28.27 and a 1-year high of $39.76. The business’s 50-day simple moving average is $36.72 and its 200-day simple moving average is $35.62. The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 1.57. The stock has a market cap of $45.91 billion, a PE ratio of 14.37, a P/E/G ratio of 5.88 and a beta of 1.05.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate 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 period last year, the business earned $0.53 EPS. Sell-side analysts forecast that The Williams Companies, Inc. will post 1.84 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 5.04%. Williams Companies’s payout ratio is 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.