35,231 Shares in The Williams Companies, Inc. (NYSE:WMB) Acquired by RoundAngle Advisors LLC

RoundAngle Advisors LLC bought a new stake in The Williams Companies, Inc. (NYSE:WMB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 35,231 shares of the pipeline company’s stock, valued at approximately $1,907,000. Williams Companies comprises approximately 1.8% of RoundAngle Advisors LLC’s portfolio, making the stock its 22nd biggest holding.

Several other large investors also recently added to or reduced their stakes in the business. Legacy Investment Solutions LLC bought a new position in shares of Williams Companies in the 3rd quarter valued at approximately $30,000. Rosenberg Matthew Hamilton raised its position in shares of Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 252 shares during the period. Quarry LP acquired a new stake in shares of Williams Companies in the second quarter worth $35,000. FSA Wealth Management LLC bought a new stake in shares of Williams Companies during the 3rd quarter worth $38,000. Finally, Fortitude Family Office LLC grew its stake in Williams Companies by 120.8% in the 3rd quarter. Fortitude Family Office LLC now owns 996 shares of the pipeline company’s stock valued at $45,000 after buying an additional 545 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of recent analyst reports. Scotiabank restated a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a report on Friday, January 10th. Citigroup raised their target price on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Bank of America initiated coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price target for the company. Truist Financial increased their price objective on Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a research report on Tuesday, December 3rd. Finally, Morgan Stanley raised shares of Williams Companies from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $53.00.

Williams Companies Stock Up 0.1 %

Shares of WMB opened at $59.22 on Monday. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $60.36. The stock has a market cap of $72.19 billion, a price-to-earnings ratio of 24.99, a P/E/G ratio of 5.36 and a beta of 1.06. The company has a 50-day moving average price of $56.13 and a two-hundred day moving average price of $49.76. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. Williams Companies’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 EPS. Equities analysts predict that The Williams Companies, Inc. will post 1.92 EPS for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 13th were paid a dividend of $0.475 per share. The ex-dividend date of this dividend was Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.21%. Williams Companies’s dividend payout ratio is 80.17%.

Insider Transactions at Williams Companies

In other news, CAO Mary A. Hausman sold 7,951 shares of the stock in a transaction on Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares in the company, valued at approximately $1,455,805.40. This represents a 23.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.44% of the company’s stock.

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.