Belpointe Asset Management LLC Has $268,000 Position in The Williams Companies, Inc. (NYSE:WMB)

Belpointe Asset Management LLC decreased its stake in The Williams Companies, Inc. (NYSE:WMB) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,948 shares of the pipeline company’s stock after selling 220 shares during the period. Belpointe Asset Management LLC’s holdings in Williams Companies were worth $268,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Baader Bank Aktiengesellschaft raised its stake in shares of Williams Companies by 3.3% during the 4th quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company’s stock worth $300,000 after purchasing an additional 180 shares in the last quarter. Albion Financial Group UT increased its stake in shares of Williams Companies by 18.4% during the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company’s stock worth $64,000 after purchasing an additional 184 shares during the period. Sprinkle Financial Consultants LLC lifted its holdings in shares of Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company’s stock worth $275,000 after buying an additional 185 shares in the last quarter. AMG National Trust Bank boosted its holdings in Williams Companies by 0.6% in the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company’s stock valued at $1,669,000 after purchasing an additional 186 shares during the period. Finally, Tower Wealth Partners Inc. grew its position in Williams Companies by 4.3% during the fourth quarter. Tower Wealth Partners Inc. now owns 4,591 shares of the pipeline company’s stock worth $248,000 after buying an additional 191 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 0.4 %

NYSE:WMB opened at $58.49 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The Williams Companies, Inc. has a one year low of $37.27 and a one year high of $61.67. The company has a market cap of $71.32 billion, a PE ratio of 31.96, a PEG ratio of 5.01 and a beta of 0.87. The firm has a 50-day moving average of $57.37 and a 200-day moving average of $55.72.

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

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, March 31st. Stockholders of record on Friday, March 14th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $2.00 annualized dividend and a dividend yield of 3.42%. This is an increase from Williams Companies’s previous quarterly dividend of $0.48. Williams Companies’s dividend payout ratio is currently 109.29%.

Insider Buying and Selling

In related news, SVP Larry C. Larsen sold 8,000 shares of the stock in a transaction dated Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total transaction of $455,520.00. Following the completion of the transaction, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. This represents a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, 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 completion of the sale, the chief accounting officer now directly owns 22,339 shares in the company, valued at approximately $1,284,492.50. This represents a 28.48 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 139,583 shares of company stock worth $7,563,278. 0.44% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on WMB shares. Royal Bank of Canada upped their price target on shares of Williams Companies from $62.00 to $63.00 and gave the stock an “outperform” rating in a report on Tuesday, March 4th. Scotiabank lifted their price target on Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a research note on Thursday, March 6th. Barclays boosted their price objective on shares of Williams Companies from $56.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday, March 21st. Truist Financial upped their price target on Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Finally, Citigroup raised 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. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of “Hold” and an average price target of $56.07.

Williams Companies Company 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.