Turtle Creek Wealth Advisors LLC Purchases 11,441 Shares of Williams Companies, Inc. (The) $WMB

Turtle Creek Wealth Advisors LLC lifted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 14.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,137 shares of the pipeline company’s stock after acquiring an additional 11,441 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Williams Companies were worth $5,358,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Towne Trust Company N.A raised its holdings in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after acquiring an additional 162 shares in the last quarter. Salomon & Ludwin LLC bought a new stake in shares of Williams Companies in the third quarter valued at about $35,000. Financial Life Planners bought a new stake in shares of Williams Companies in the third quarter valued at about $36,000. OLD Second National Bank of Aurora raised its holdings in shares of Williams Companies by 71.2% in the third quarter. OLD Second National Bank of Aurora now owns 630 shares of the pipeline company’s stock valued at $40,000 after acquiring an additional 262 shares in the last quarter. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of Williams Companies in the third quarter valued at about $46,000. 86.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on WMB. Zacks Research upgraded Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Stifel Nicolaus lifted their target price on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Jefferies Financial Group lifted their target price on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Wells Fargo & Company lifted their target price on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Morgan Stanley lifted their target price on Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research note on Monday, March 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies presently has an average rating of “Buy” and an average price target of $78.60.

Insiders Place Their Bets

In other news, CAO Mary A. Hausman sold 10,107 shares of the business’s stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the sale, the chief accounting officer owned 17,230 shares in the company, valued at approximately $1,290,699.30. The trade was a 36.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $71.75, for a total value of $143,500.00. Following the sale, the senior vice president owned 289,159 shares in the company, valued at $20,747,158.25. The trade was a 0.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 53,369 shares of company stock worth $3,912,512 over the last ninety days. Insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Shares of WMB stock opened at $71.69 on Friday. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $76.87. The firm has a market capitalization of $87.57 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 1.19 and a beta of 0.63. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The stock’s 50-day simple moving average is $73.03 and its 200-day simple moving average is $65.52.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the firm posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts forecast that Williams Companies, Inc. will post 2.41 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, March 13th were paid a dividend of $0.525 per share. The ex-dividend date was Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s payout ratio is presently 98.13%.

Williams Companies Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.