The Williams Companies, Inc. (NYSE:WMB) Shares Sold by Sentry Investment Management LLC

Sentry Investment Management LLC cut its holdings in The Williams Companies, Inc. (NYSE:WMB) by 9.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 6,372 shares of the pipeline company’s stock after selling 684 shares during the period. Sentry Investment Management LLC’s holdings in Williams Companies were worth $222,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in WMB. Turtle Creek Wealth Advisors LLC acquired a new position in Williams Companies during the fourth quarter worth $26,000. FSC Wealth Advisors LLC acquired a new position in Williams Companies during the third quarter worth $27,000. HWG Holdings LP acquired a new position in Williams Companies during the third quarter worth $29,000. Salem Investment Counselors Inc. lifted its stake in Williams Companies by 52.5% during the second quarter. Salem Investment Counselors Inc. now owns 915 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 315 shares in the last quarter. Finally, Carmel Capital Partners LLC acquired a new position in Williams Companies during the third quarter worth $31,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WMB has been the topic of a number of research reports. UBS Group upped their price target on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Barclays upped their price objective on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research report on Thursday, April 11th. Finally, Truist Financial upped their price objective on Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research report on Monday, March 25th. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $39.00.

Williams Companies Stock Performance

NYSE:WMB opened at $37.65 on Wednesday. The firm has a market capitalization of $45.87 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 5.88 and a beta of 1.05. The business’s fifty day moving average price is $36.72 and its 200 day moving average price is $35.62. 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 Williams Companies, Inc. has a 12 month low of $28.27 and a 12 month high of $39.76.

Williams Companies (NYSE:WMB) last posted its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate 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 last year, the firm earned $0.53 EPS. On average, sell-side analysts anticipate that The Williams Companies, Inc. will post 1.84 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 5.05%. 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.