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

Turtle Creek Wealth Advisors LLC grew its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 14.7% in the fourth quarter, according to its most recent filing with the SEC. The fund 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 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Wellington Management Group LLP boosted its position in shares of Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after acquiring an additional 6,668,950 shares during the last quarter. Invesco Ltd. boosted its position in shares of Williams Companies by 1.1% during the 3rd quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock valued at $923,383,000 after acquiring an additional 158,077 shares during the last quarter. BROOKFIELD Corp ON lifted its position in Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Amundi boosted its stake in Williams Companies by 5.3% during the third quarter. Amundi now owns 9,600,016 shares of the pipeline company’s stock worth $610,369,000 after buying an additional 481,082 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in 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 worth $574,856,000 after buying an additional 2,116,526 shares during the period. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 0.8%

NYSE:WMB opened at $71.69 on Friday. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $76.87. The company has a market cap of $87.57 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 1.19 and a beta of 0.63. The stock has a fifty day simple moving average of $73.03 and a 200-day simple moving average of $65.52. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last released its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate 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 the consensus estimate of $3.10 billion. During the same quarter last year, the business posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts anticipate that Williams Companies, Inc. will post 2.41 EPS for the current year.

Williams Companies Increases Dividend

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

Analysts Set New Price Targets

Several research firms have commented on WMB. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Morgan Stanley lifted their price objective on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Citigroup lifted their price objective on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research note on Monday. Finally, Jefferies Financial Group lifted their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Williams Companies has a consensus rating of “Buy” and an average price target of $78.60.

Insiders Place Their Bets

In related news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies 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 completion of the sale, the senior vice president directly owned 289,159 shares in the company, valued at $20,747,158.25. The trade was a 0.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the sale, the chief accounting officer owned 17,230 shares of the company’s stock, valued at $1,290,699.30. The trade was a 36.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 53,369 shares of company stock valued at $3,912,512 in the last three months. 0.47% of the stock is owned by company insiders.

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.