Fifth Third Bancorp Has $3.94 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Fifth Third Bancorp cut its position in The Williams Companies, Inc. (NYSE:WMBFree Report) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 113,149 shares of the pipeline company’s stock after selling 2,058 shares during the period. Fifth Third Bancorp’s holdings in Williams Companies were worth $3,941,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. Patten Group Inc. boosted its stake in Williams Companies by 1.3% during the 4th quarter. Patten Group Inc. now owns 23,899 shares of the pipeline company’s stock valued at $832,000 after purchasing an additional 296 shares during the last quarter. Insigneo Advisory Services LLC boosted its stake in Williams Companies by 2.9% during the 3rd quarter. Insigneo Advisory Services LLC now owns 10,476 shares of the pipeline company’s stock valued at $353,000 after purchasing an additional 298 shares during the last quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. boosted its stake in Williams Companies by 1.1% during the 2nd quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 26,922 shares of the pipeline company’s stock valued at $878,000 after purchasing an additional 300 shares during the last quarter. Buckley Wealth Management LLC boosted its stake in Williams Companies by 1.0% during the 3rd quarter. Buckley Wealth Management LLC now owns 30,865 shares of the pipeline company’s stock valued at $1,040,000 after purchasing an additional 300 shares during the last quarter. Finally, Horan Securities Inc. boosted its stake in Williams Companies by 2.6% during the 3rd quarter. Horan Securities Inc. now owns 11,753 shares of the pipeline company’s stock valued at $396,000 after purchasing an additional 300 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 1.1 %

NYSE:WMB opened at $39.29 on Wednesday. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57. The stock has a market capitalization of $47.87 billion, a PE ratio of 15.00, a price-to-earnings-growth ratio of 6.18 and a beta of 1.05. The firm’s 50 day moving average is $35.80 and its 200 day moving average is $35.25. The Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month high of $39.30.

Williams Companies (NYSE:WMBGet Free Report) last posted its quarterly earnings results 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 net margin of 29.22% and a return on equity of 16.20%. During the same period in the previous year, the firm posted $0.53 EPS. Sell-side analysts expect that The Williams Companies, Inc. will post 1.8 earnings per share for the current year.

Williams Companies Announces Dividend

The business 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 dividend on an annualized basis and a dividend yield of 4.84%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on WMB shares. Mizuho lifted their price target on Williams Companies from $41.00 to $43.00 and gave the company a “buy” rating in a research note on Thursday, December 7th. UBS Group lifted their target price on shares of Williams Companies from $41.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Finally, Truist Financial lifted their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $38.09.

View Our Latest Stock Analysis on WMB

Williams Companies Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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