Opus Capital Group LLC Boosts Stock Position in The Williams Companies, Inc. (NYSE:WMB)

Opus Capital Group LLC raised its stake in shares of The Williams Companies, Inc. (NYSE:WMB) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,813 shares of the pipeline company’s stock after acquiring 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 SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WMB. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Williams Companies during the 4th quarter worth approximately $26,000. FSC Wealth Advisors LLC purchased a new position in shares of Williams Companies during the 3rd quarter worth approximately $27,000. HWG Holdings LP purchased a new position in Williams Companies in the 3rd quarter valued at approximately $29,000. Salem Investment Counselors Inc. increased its stake in Williams Companies by 52.5% in the 2nd quarter. Salem Investment Counselors Inc. now owns 915 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 315 shares in the last quarter. Finally, Carmel Capital Partners LLC purchased a new position in Williams Companies in the 3rd quarter valued at approximately $31,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on WMB. Truist Financial raised their price objective on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. UBS Group raised their price objective on Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a research note on Friday, April 12th. Finally, Barclays raised their price objective on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. Six analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $39.00.

Williams Companies Trading Up 0.1 %

Shares of WMB stock traded up $0.03 during mid-day trading on Wednesday, hitting $37.68. 6,399,390 shares of the company’s stock were exchanged, compared to its average volume of 7,119,099. The Williams Companies, Inc. has a fifty-two week low of $28.27 and a fifty-two week high of $39.76. The stock has a market cap of $45.91 billion, a price-to-earnings ratio of 14.37, a PEG 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 stock has a 50-day simple moving average of $36.72 and a two-hundred day simple moving average of $35.62.

Williams Companies (NYSE:WMB) last issued its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, beating 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 company earned $0.53 EPS. Equities analysts expect that The Williams Companies, Inc. will post 1.84 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 5.04%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Williams Companies 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.