Vontobel Holding Ltd. Purchases 3,344 Shares of The Williams Companies, Inc. (NYSE:WMB)

Vontobel Holding Ltd. increased its stake in The Williams Companies, Inc. (NYSE:WMB) by 8.6% in the 4th quarter, HoldingsChannel.com reports. The firm owned 42,090 shares of the pipeline company’s stock after acquiring an additional 3,344 shares during the period. Vontobel Holding Ltd.’s holdings in Williams Companies were worth $1,466,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rheos Capital Works Inc. raised its position in Williams Companies by 59.0% in the 4th quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock worth $22,988,000 after purchasing an additional 245,000 shares during the last quarter. Autumn Glory Partners LLC raised its position in Williams Companies by 28.1% in the 3rd quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock worth $3,625,000 after purchasing an additional 23,579 shares during the last quarter. Wellington Management Group LLP raised its position in Williams Companies by 35.1% in the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after purchasing an additional 2,482,331 shares during the last quarter. Bahl & Gaynor Inc. raised its position in Williams Companies by 45.3% in the 3rd quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock worth $220,506,000 after purchasing an additional 2,040,993 shares during the last quarter. Finally, International Assets Investment Management LLC raised its position in Williams Companies by 3,338.2% in the 4th quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock worth $12,264,000 after purchasing an additional 341,863 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the subject of several research analyst reports. Barclays boosted their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. UBS Group upped their target price on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research report on Friday, April 12th. Wolfe Research reiterated an “underperform” rating and set a $34.00 target price on shares of Williams Companies in a research report on Thursday. Finally, Truist Financial upped their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, March 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $38.90.

Williams Companies Price Performance

Shares of WMB stock opened at $38.53 on Friday. The Williams Companies, Inc. has a 12-month low of $28.27 and a 12-month high of $39.76. The firm has a market capitalization of $46.95 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 5.88 and a beta of 1.05. 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 firm has a fifty day moving average of $36.95 and a 200-day moving average of $35.68.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share (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 posted $0.53 earnings per share. On average, equities research analysts forecast that The Williams Companies, Inc. will post 1.83 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 4.93%. Williams Companies’s payout ratio 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.