The Williams Companies, Inc. (NYSE:WMB) is Jackson Hole Capital Partners LLC’s 10th Largest Position

Jackson Hole Capital Partners LLC boosted its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 6.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 185,029 shares of the pipeline company’s stock after acquiring an additional 11,751 shares during the quarter. Williams Companies accounts for 1.6% of Jackson Hole Capital Partners LLC’s portfolio, making the stock its 10th biggest holding. Jackson Hole Capital Partners LLC’s holdings in Williams Companies were worth $6,445,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of WMB. Turtle Creek Wealth Advisors LLC purchased a new stake in Williams Companies in the fourth quarter worth about $26,000. FSC Wealth Advisors LLC purchased a new stake in Williams Companies in the third quarter worth about $27,000. HWG Holdings LP purchased a new stake in Williams Companies in the third quarter worth about $29,000. Carmel Capital Partners LLC purchased a new stake in Williams Companies in the third quarter worth about $31,000. Finally, CGC Financial Services LLC purchased a new stake in Williams Companies in the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Up 0.5 %

Shares of Williams Companies stock traded up $0.20 on Thursday, reaching $39.45. The company had a trading volume of 3,902,106 shares, compared to its average volume of 7,018,331. The firm has a market cap of $48.07 billion, a price-to-earnings ratio of 15.06, a P/E/G ratio of 6.07 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The firm’s 50-day moving average price is $37.35 and its two-hundred day moving average price is $35.85. The Williams Companies, Inc. has a 1 year low of $28.27 and a 1 year high of $39.76.

Williams Companies (NYSE:WMB) last announced its 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 return on equity of 16.20% and a net margin of 29.22%. During the same period in the previous year, the business posted $0.53 earnings per share. As a group, research analysts predict that The Williams Companies, Inc. will post 1.83 earnings per share for the current fiscal 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 paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.82%. Williams Companies’s dividend payout ratio is currently 72.52%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. UBS Group upped their price objective on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Truist Financial upped their price objective on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. Wolfe Research reaffirmed an “underperform” rating and issued a $34.00 price objective on shares of Williams Companies in a research note on Thursday, April 18th. Finally, Barclays upped their price objective on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. One research analyst has rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $39.22.

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.