Williams Companies, Inc. (The) $WMB Stock Holdings Trimmed by Strs Ohio

Strs Ohio lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 13.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 287,101 shares of the pipeline company’s stock after selling 43,577 shares during the quarter. Strs Ohio’s holdings in Williams Companies were worth $18,188,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of WMB. Wallace Advisory Group LLC increased its holdings in shares of Williams Companies by 2.6% in the 2nd quarter. Wallace Advisory Group LLC now owns 7,031 shares of the pipeline company’s stock valued at $420,000 after acquiring an additional 176 shares during the last quarter. Whittier Trust Co. boosted its holdings in Williams Companies by 2.2% in the second quarter. Whittier Trust Co. now owns 8,177 shares of the pipeline company’s stock worth $514,000 after purchasing an additional 179 shares during the period. LRI Investments LLC increased its stake in Williams Companies by 10.7% during the second quarter. LRI Investments LLC now owns 1,993 shares of the pipeline company’s stock valued at $125,000 after purchasing an additional 193 shares during the last quarter. First National Bank of Hutchinson raised its holdings in shares of Williams Companies by 2.7% during the second quarter. First National Bank of Hutchinson now owns 7,684 shares of the pipeline company’s stock worth $483,000 after purchasing an additional 199 shares during the period. Finally, Chesley Taft & Associates LLC lifted its position in shares of Williams Companies by 1.9% in the 3rd quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock worth $660,000 after buying an additional 199 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

Shares of WMB stock opened at $64.97 on Friday. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The firm has a market capitalization of $79.35 billion, a price-to-earnings ratio of 33.49, a price-to-earnings-growth ratio of 1.51 and a beta of 0.64. The business has a 50 day simple moving average of $60.46 and a 200 day simple moving average of $59.80.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results 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 analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The company’s revenue was up 10.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 12th were paid a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.00 annualized dividend and a yield of 3.1%. Williams Companies’s dividend payout ratio (DPR) is presently 103.09%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Citigroup increased their price objective on shares of Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Mizuho raised Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a research report on Monday, January 12th. Barclays boosted their price objective on Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Finally, Morgan Stanley increased their target price on Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Williams Companies currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.29.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $61.90, for a total value of $123,800.00. Following the completion of the sale, the senior vice president directly owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. This represents a 0.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.44% of the company’s stock.

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.