Williams Companies, Inc. (The) $WMB Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,954,680 shares of the pipeline company’s stock after selling 138,173 shares during the quarter. Williams Companies makes up approximately 0.7% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings, making the stock its 22nd largest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Williams Companies were worth $142,262,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in WMB. Towne Trust Company N.A grew its position in shares of Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after buying an additional 162 shares in the last quarter. Motiv8 Investments LLC acquired a new position in Williams Companies in the fourth quarter worth about $27,000. Clearstead Trust LLC lifted its holdings in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after buying an additional 186 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Williams Companies during the fourth quarter worth $29,000. Finally, First Command Advisory Services Inc. raised its holdings in shares of Williams Companies by 216.8% during the fourth quarter. First Command Advisory Services Inc. now owns 491 shares of the pipeline company’s stock worth $30,000 after purchasing an additional 336 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the completion of the sale, the senior vice president directly owned 283,159 shares in the company, valued at $20,999,071.44. This represents a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO John Dean Porter sold 50,000 shares of the stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer directly owned 196,567 shares of the company’s stock, valued at approximately $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 68,500 shares of company stock worth $5,182,655 in the last three months. 0.47% of the stock is currently owned by company insiders.

Williams Companies Stock Performance

Shares of WMB traded down $0.43 during trading hours on Friday, reaching $75.02. 4,016,695 shares of the company’s stock traded hands, compared to its average volume of 7,439,942. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $80.07. The business’s fifty day simple moving average is $74.34 and its two-hundred day simple moving average is $70.79. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The firm has a market capitalization of $91.64 billion, a price-to-earnings ratio of 32.90, a P/E/G ratio of 1.84 and a beta of 0.57.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were issued a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s payout ratio is presently 92.11%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reduced their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Royal Bank Of Canada raised their target price on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. UBS Group lifted their target price on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Truist Financial began coverage on Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price objective for the company. Finally, Citigroup increased their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Williams Companies has a consensus rating of “Buy” and an average target price of $83.50.

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.