Laffer Tengler Investments Inc. Purchases 12,473 Shares of Williams Companies, Inc. (The) $WMB

Laffer Tengler Investments Inc. boosted its position in Williams Companies, Inc. (The) (NYSE:WMB) by 19.7% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 75,660 shares of the pipeline company’s stock after purchasing an additional 12,473 shares during the period. Laffer Tengler Investments Inc.’s holdings in Williams Companies were worth $4,793,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. LRI Investments LLC increased its stake in shares of Williams Companies by 8.8% in the third quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock valued at $137,000 after buying an additional 176 shares during the period. Patten & Patten Inc. TN raised its stake in shares of Williams Companies by 1.7% during the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock valued at $702,000 after acquiring an additional 187 shares during the last quarter. Chesley Taft & Associates LLC lifted its holdings in shares of Williams Companies by 1.9% during the third quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock worth $660,000 after purchasing an additional 199 shares during the period. Gentry Private Wealth LLC grew its stake in shares of Williams Companies by 2.1% in the third quarter. Gentry Private Wealth LLC now owns 9,578 shares of the pipeline company’s stock worth $607,000 after purchasing an additional 199 shares during the last quarter. Finally, Tradewinds Capital Management LLC increased its holdings in Williams Companies by 9.0% in the third quarter. Tradewinds Capital Management LLC now owns 2,425 shares of the pipeline company’s stock valued at $154,000 after purchasing an additional 200 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Williams Companies news, CAO Mary A. Hausman sold 10,107 shares of Williams Companies 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 completion of the transaction, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the transaction, the senior vice president owned 293,159 shares in the company, valued at $21,377,154.28. This represents a 8.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 43,107 shares of company stock worth $3,133,015 over the last ninety days. Insiders own 0.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Royal Bank Of Canada lifted their price objective on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. TD Cowen increased their target price on shares of Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. BMO Capital Markets dropped their price target on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, Citigroup increased their price objective on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Two 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’s stock. Based on data from MarketBeat, Williams Companies currently has an average rating of “Moderate Buy” and a consensus target price of $75.86.

Williams Companies Price Performance

Shares of NYSE WMB opened at $75.74 on Wednesday. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The firm’s 50-day moving average price is $66.02 and its 200-day moving average price is $62.10. The firm has a market capitalization of $92.52 billion, a P/E ratio of 35.39, a P/E/G ratio of 1.38 and a beta of 0.63. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $76.87.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) 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 firm had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter in the previous year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be paid a dividend of $0.525 per share. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 93.46%.

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.