Madison Park Capital Advisors LLC Invests $428,000 in The Williams Companies, Inc. (NYSE:WMB)

Madison Park Capital Advisors LLC bought a new position in The Williams Companies, Inc. (NYSE:WMB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,300 shares of the pipeline company’s stock, valued at approximately $428,000.

Other large investors have also made changes to their positions in the company. Turtle Creek Wealth Advisors LLC bought a new stake in Williams Companies during the 4th quarter worth about $26,000. FSC Wealth Advisors LLC bought a new stake in Williams Companies during the 3rd quarter worth about $27,000. HWG Holdings LP bought a new stake in Williams Companies during the 3rd quarter worth about $29,000. Carmel Capital Partners LLC acquired a new position in Williams Companies during the 3rd quarter valued at about $31,000. Finally, CGC Financial Services LLC acquired a new position in Williams Companies during the 4th quarter valued at about $35,000. Institutional investors own 86.44% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on WMB shares. Barclays upped their target price on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research report on Thursday, April 11th. UBS Group raised their price target on shares of 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 raised their target price on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. Finally, Wolfe Research reissued an “underperform” rating and issued a $34.00 target price on shares of Williams Companies in a research note on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $39.22.

Williams Companies Stock Performance

WMB stock traded up $0.13 during midday trading on Tuesday, reaching $38.79. 5,142,470 shares of the company were exchanged, compared to its average volume of 7,075,583. 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 business has a 50-day moving average price of $37.12 and a two-hundred day moving average price of $35.80. The Williams Companies, Inc. has a one year low of $28.27 and a one year high of $39.76. The firm has a market capitalization of $47.26 billion, a price-to-earnings ratio of 14.81, a price-to-earnings-growth ratio of 6.02 and a beta of 1.04.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share 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 quarter in the prior year, the company earned $0.53 earnings per share. Equities research analysts forecast that The Williams Companies, Inc. will post 1.83 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.90%. Williams Companies’s dividend payout ratio is currently 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.