Teza Capital Management LLC Invests $1.93 Million in The Williams Companies, Inc. (NYSE:WMB)

Teza Capital Management LLC bought a new position in The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 35,594 shares of the pipeline company’s stock, valued at approximately $1,926,000.

Other institutional investors have also recently made changes to their positions in the company. Quent Capital LLC purchased a new position in shares of Williams Companies in the 4th quarter worth about $25,000. Bank of Jackson Hole Trust purchased a new position in shares of Williams Companies in the 4th quarter worth about $25,000. AlphaMark Advisors LLC purchased a new position in shares of Williams Companies in the 4th quarter worth about $27,000. Sandy Spring Bank purchased a new position in shares of Williams Companies in the 4th quarter worth about $27,000. Finally, Hoey Investments Inc. purchased a new position in shares of Williams Companies in the 4th quarter worth about $28,000. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on WMB shares. Morgan Stanley boosted their price target on shares of Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a report on Tuesday, March 25th. Scotiabank increased their target price on shares of Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a research report on Thursday, March 6th. Truist Financial increased their target price on shares of Williams Companies from $56.00 to $60.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Citigroup increased their target price on shares of Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $63.00 target price on shares of Williams Companies in a research report on Friday. Seven investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.50.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Chad A. Teply sold 26,000 shares of Williams Companies stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total transaction of $1,467,960.00. Following the completion of the sale, the senior vice president now directly owns 133,048 shares in the company, valued at $7,511,890.08. The trade was a 16.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Mary A. Hausman sold 8,896 shares of Williams Companies stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $57.50, for a total transaction of $511,520.00. Following the sale, the chief accounting officer now owns 22,339 shares of the company’s stock, valued at approximately $1,284,492.50. The trade was a 28.48% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock worth $7,563,278 over the last three months. 0.44% of the stock is owned by insiders.

Williams Companies Trading Down 0.0%

Shares of Williams Companies stock opened at $58.77 on Friday. The Williams Companies, Inc. has a 12-month low of $39.88 and a 12-month high of $61.67. The company has a market cap of $71.66 billion, a price-to-earnings ratio of 32.11, a PEG ratio of 5.01 and a beta of 0.66. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The company’s 50-day moving average price is $58.24 and its 200-day moving average price is $56.90.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.90 billion. During the same period in the prior year, the firm posted $0.59 earnings per share. The company’s revenue for the quarter was up 10.0% on a year-over-year basis. On average, equities analysts expect that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, June 13th. This represents a $2.00 annualized dividend and a yield of 3.40%. Williams Companies’s payout ratio is presently 106.95%.

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.