CVA Family Office LLC Purchases Shares of 1,495 The Williams Companies, Inc. (NYSE:WMB)

CVA Family Office LLC purchased a new stake in shares of The Williams Companies, Inc. (NYSE:WMB) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,495 shares of the pipeline company’s stock, valued at approximately $52,000.

Several other institutional investors have also added to or reduced their stakes in the business. Moneta Group Investment Advisors LLC boosted its position in Williams Companies by 96,588.4% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 63,423,739 shares of the pipeline company’s stock valued at $2,086,641,000 after buying an additional 63,358,143 shares during the period. Morgan Stanley boosted its position in Williams Companies by 0.7% during the fourth quarter. Morgan Stanley now owns 19,750,630 shares of the pipeline company’s stock valued at $649,796,000 after buying an additional 136,216 shares during the period. Royal Bank of Canada boosted its position in Williams Companies by 85.8% during the first quarter. Royal Bank of Canada now owns 16,352,215 shares of the pipeline company’s stock valued at $546,327,000 after buying an additional 7,551,749 shares during the period. Northern Trust Corp boosted its position in Williams Companies by 8.1% during the third quarter. Northern Trust Corp now owns 14,455,063 shares of the pipeline company’s stock valued at $486,991,000 after buying an additional 1,089,150 shares during the period. Finally, Federated Hermes Inc. boosted its holdings in shares of Williams Companies by 7.3% during the third quarter. Federated Hermes Inc. now owns 13,628,627 shares of the pipeline company’s stock worth $459,148,000 after purchasing an additional 921,537 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on WMB shares. Truist Financial increased their target price on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a report on Monday. UBS Group increased their target price on shares of Williams Companies from $41.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. Finally, Mizuho increased their target price on shares of Williams Companies from $41.00 to $43.00 and gave the stock a “buy” rating in a report on Thursday, December 7th. Seven investment 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 currently has a consensus rating of “Hold” and a consensus target price of $38.09.

Williams Companies Price Performance

Shares of NYSE WMB opened at $38.54 on Thursday. The Williams Companies, Inc. has a fifty-two week low of $28.26 and a fifty-two week high of $38.77. The company has a 50 day simple moving average of $35.41 and a two-hundred day simple moving average of $35.12. The company has a market capitalization of $46.96 billion, a price-to-earnings ratio of 14.71, a P/E/G ratio of 6.05 and a beta of 1.04. The company has a debt-to-equity ratio of 1.57, a quick ratio of 0.73 and a current ratio of 0.77.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share 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 quarter in the prior year, the company earned $0.53 earnings per share. Analysts expect that The Williams Companies, Inc. will post 1.8 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 28th. Investors of record on Friday, March 15th will be issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.93%. Williams Companies’s dividend payout ratio is currently 72.52%.

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.