Teacher Retirement System of Texas Cuts Holdings in Williams Companies, Inc. (The) $WMB

Teacher Retirement System of Texas trimmed its position in Williams Companies, Inc. (The) (NYSE:WMB) by 31.1% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 214,043 shares of the pipeline company’s stock after selling 96,562 shares during the quarter. Teacher Retirement System of Texas’ holdings in Williams Companies were worth $13,560,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in WMB. Brighton Jones LLC boosted its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Williams Companies by 5.5% during the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares in the last quarter. American National Bank & Trust lifted its position in Williams Companies by 358.6% during the second quarter. American National Bank & Trust now owns 3,490 shares of the pipeline company’s stock valued at $219,000 after purchasing an additional 2,729 shares during the last quarter. Investment Partners Asset Management Inc. grew its stake in shares of Williams Companies by 11.2% in the 2nd quarter. Investment Partners Asset Management Inc. now owns 6,699 shares of the pipeline company’s stock worth $421,000 after buying an additional 675 shares in the last quarter. Finally, Kathmere Capital Management LLC bought a new stake in shares of Williams Companies in the 2nd quarter worth about $242,000. 86.44% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently commented on WMB shares. Zacks Research downgraded shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 6th. Mizuho upgraded Williams Companies to a “strong-buy” rating in a research report on Monday, October 27th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Monday, December 1st. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, October 4th. Finally, BMO Capital Markets lowered their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $68.29.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the transaction, the senior vice president owned 302,645 shares of the company’s stock, valued at $18,319,101.85. This trade represents a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.44% of the stock is owned by corporate insiders.

Williams Companies Trading Up 2.0%

WMB opened at $64.97 on Friday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.36 and a current ratio of 0.42. The stock’s 50 day moving average price is $60.46 and its 200-day moving average price is $59.80. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $65.55. The stock has a market cap of $79.35 billion, a price-to-earnings ratio of 33.49, a P/E/G ratio of 1.51 and a beta of 0.64.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The business had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.87 billion. Williams Companies had a net margin of 20.61% and a return on equity of 16.74%. Williams Companies’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 12th were issued a $0.50 dividend. The ex-dividend date was Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.1%. Williams Companies’s dividend payout ratio is presently 103.09%.

Williams Companies Company 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.