Taylor Frigon Capital Management LLC Invests $1.65 Million in Williams Companies, Inc. (The) $WMB

Taylor Frigon Capital Management LLC purchased a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 27,454 shares of the pipeline company’s stock, valued at approximately $1,650,000.

A number of other large investors have also made changes to their positions in WMB. BROOKFIELD Corp ON increased its position in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after purchasing an additional 7,884,730 shares in the last quarter. Wellington Management Group LLP grew its holdings in shares of Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after buying an additional 6,668,950 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of Williams Companies by 4,992.2% during the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after buying an additional 3,631,986 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Williams Companies by 30.4% during the third quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock valued at $574,856,000 after buying an additional 2,116,526 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Williams Companies by 27.4% during the third quarter. Ameriprise Financial Inc. now owns 7,753,924 shares of the pipeline company’s stock valued at $491,225,000 after buying an additional 1,668,706 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Price Performance

NYSE:WMB opened at $70.79 on Thursday. Williams Companies, Inc. has a one year low of $55.56 and a one year high of $76.87. 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 firm has a market cap of $86.47 billion, a price-to-earnings ratio of 33.08, a PEG ratio of 1.22 and a beta of 0.63. The firm’s fifty day moving average is $72.78 and its two-hundred day moving average is $65.23.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The business had revenue of $3.20 billion during the quarter, compared to analysts’ expectations of $3.10 billion. During the same period in the previous year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were issued a $0.525 dividend. The ex-dividend date of this dividend was Friday, March 13th. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a yield of 3.0%. Williams Companies’s dividend payout ratio is currently 98.13%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the sale, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This represents a 36.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The shares were sold at an average price of $71.75, for a total transaction of $143,500.00. Following the completion of the sale, the senior vice president directly owned 289,159 shares in the company, valued at approximately $20,747,158.25. The trade was a 0.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 53,369 shares of company stock valued at $3,912,512 in the last three months. Company insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WMB. Citigroup boosted their price objective on shares of Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Morgan Stanley boosted their price objective on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a report on Monday, March 2nd. Zacks Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Jefferies Financial Group boosted their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, April 10th. Finally, UBS Group boosted their price objective on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and an average target price of $77.47.

About Williams Companies

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.