Centered Wealth LLC dba Miller Equity Capital Advisors Has $1.71 Million Stock Holdings in The Williams Companies, Inc. (NYSE:WMB)

Centered Wealth LLC dba Miller Equity Capital Advisors lessened its stake in The Williams Companies, Inc. (NYSE:WMB) by 0.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 48,970 shares of the pipeline company’s stock after selling 374 shares during the quarter. Centered Wealth LLC dba Miller Equity Capital Advisors’ holdings in Williams Companies were worth $1,706,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Jackson Hole Capital Partners LLC increased its stake in Williams Companies by 6.8% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 185,029 shares of the pipeline company’s stock valued at $6,445,000 after buying an additional 11,751 shares during the period. Abbrea Capital LLC increased its stake in Williams Companies by 28.9% in the 4th quarter. Abbrea Capital LLC now owns 10,958 shares of the pipeline company’s stock valued at $382,000 after buying an additional 2,455 shares during the period. Syon Capital LLC increased its stake in shares of Williams Companies by 7.9% during the 4th quarter. Syon Capital LLC now owns 10,112 shares of the pipeline company’s stock worth $352,000 after purchasing an additional 737 shares during the last quarter. Bank of New Hampshire increased its stake in shares of Williams Companies by 1.6% during the 4th quarter. Bank of New Hampshire now owns 30,298 shares of the pipeline company’s stock worth $1,055,000 after purchasing an additional 478 shares during the last quarter. Finally, Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Williams Companies by 7.2% during the 4th quarter. Tokio Marine Asset Management Co. Ltd. now owns 29,431 shares of the pipeline company’s stock worth $1,025,000 after purchasing an additional 1,972 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Stock Performance

NYSE:WMB traded up $0.20 during midday trading on Thursday, reaching $39.45. The stock had a trading volume of 3,902,106 shares, compared to its average volume of 7,018,331. 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 1-year low of $28.27 and a 1-year high of $39.76. The firm’s fifty day simple moving average is $37.35 and its 200-day simple moving average is $35.85. The stock has a market capitalization of $48.07 billion, a P/E ratio of 15.06, a PEG ratio of 6.07 and a beta of 1.05.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the firm posted $0.53 earnings per share. On average, equities research analysts forecast that The Williams Companies, Inc. will post 1.83 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were issued a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 4.82%. Williams Companies’s dividend payout ratio (DPR) is presently 72.52%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on WMB shares. Truist Financial increased their price target on shares of Williams Companies from $35.00 to $40.00 and gave the stock a “hold” rating in a research note on Monday, March 25th. UBS Group increased 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. Barclays increased their price target on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Finally, Wolfe Research restated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a research note on Thursday, April 18th. One equities research 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’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $39.22.

About Williams Companies

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.