Williams Companies, Inc. (The) $WMB Shares Acquired by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky raised its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 103.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 194,088 shares of the pipeline company’s stock after acquiring an additional 98,717 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Williams Companies were worth $12,295,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Hartford Funds Management Co LLC purchased a new position in Williams Companies in the second quarter valued at about $29,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Williams Companies in the 2nd quarter worth approximately $32,000. Legacy Investment Solutions LLC acquired a new position in Williams Companies during the second quarter worth $35,000. Salomon & Ludwin LLC purchased a new stake in Williams Companies during the third quarter worth $35,000. Finally, Aspect Partners LLC grew its holdings in Williams Companies by 81.3% in the second quarter. Aspect Partners LLC now owns 582 shares of the pipeline company’s stock valued at $37,000 after purchasing an additional 261 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 0.7%

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

Williams Companies (NYSE:WMB) last issued 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 return on equity of 17.32% and a net margin of 21.90%.The company had revenue of $3.20 billion for the quarter, compared to analyst estimates of $3.10 billion. During the same period last year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given 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 of this dividend 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 is currently 93.46%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Wells Fargo & Company raised their target price on shares of Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. Jefferies Financial Group raised their price objective on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Stifel Nicolaus boosted their price target on Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Royal Bank Of Canada increased their price objective on Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Wednesday, February 11th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and a consensus price target of $75.86.

Insider Buying and Selling at Williams Companies

In related news, CAO Mary A. Hausman sold 10,107 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the transaction, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. The trade was a 36.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $75.24, for a total transaction of $150,480.00. Following the sale, the senior vice president owned 291,159 shares in the company, valued at $21,906,803.16. This represents a 0.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 43,107 shares of company stock valued at $3,133,015 in the last three months. Company insiders own 0.44% of the company’s stock.

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.