New Hampshire Trust Lowers Holdings in The Williams Companies, Inc. (NYSE:WMB)

New Hampshire Trust reduced its position in shares of The Williams Companies, Inc. (NYSE:WMB) by 1.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,373 shares of the pipeline company’s stock after selling 292 shares during the quarter. New Hampshire Trust’s holdings in Williams Companies were worth $1,265,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Legacy Investment Solutions LLC purchased a new position in shares of Williams Companies during the third quarter valued at $30,000. Rosenberg Matthew Hamilton grew its holdings in Williams Companies by 50.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 252 shares in the last quarter. Quarry LP bought a new position in Williams Companies during the 2nd quarter worth about $35,000. FSA Wealth Management LLC purchased a new position in Williams Companies during the 3rd quarter valued at about $38,000. Finally, Fortitude Family Office LLC raised its holdings in shares of 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 purchasing an additional 545 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Price Performance

Shares of WMB opened at $59.22 on Tuesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The company’s fifty day moving average price is $56.13 and its 200-day moving average price is $49.81. The Williams Companies, Inc. has a 1-year low of $32.65 and a 1-year high of $60.36. The firm has a market capitalization of $72.19 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 5.30 and a beta of 1.06.

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

Williams Companies Dividend Announcement

The firm 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. This represents a $1.90 annualized dividend and a yield of 3.21%. The ex-dividend date was Friday, December 13th. Williams Companies’s payout ratio is 80.17%.

Insider Activity

In other news, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at $1,455,805.40. The trade was a 23.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on WMB shares. Barclays lifted their price objective on shares of Williams Companies from $46.00 to $56.00 and gave the company an “equal weight” rating in a report on Friday, January 10th. Truist Financial lifted their price target on Williams Companies from $52.00 to $56.00 and gave the company a “hold” rating in a report on Tuesday, December 3rd. Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and upped their price objective for the stock from $52.00 to $58.00 in a research note on Friday, October 4th. Citigroup lifted their target price on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. Finally, Scotiabank reissued a “sector perform” rating and set a $51.00 price target on shares of Williams Companies in a research report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $53.00.

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.