TIAA Trust National Association Acquires 167,872 Shares of Williams Companies, Inc. (The) $WMB

TIAA Trust National Association raised its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 2,350.8% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 175,013 shares of the pipeline company’s stock after purchasing an additional 167,872 shares during the period. TIAA Trust National Association’s holdings in Williams Companies were worth $11,087,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in WMB. LRI Investments LLC lifted its position in shares of Williams Companies by 8.8% during the 3rd quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock worth $137,000 after buying an additional 176 shares in the last quarter. Patten & Patten Inc. TN boosted its position in Williams Companies by 1.7% during the third quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock worth $702,000 after purchasing an additional 187 shares during the period. Chesley Taft & Associates LLC raised its holdings in Williams Companies by 1.9% during the 3rd quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock valued at $660,000 after acquiring an additional 199 shares during the period. Tradewinds Capital Management LLC lifted its holdings in Williams Companies by 9.0% during the 3rd quarter. Tradewinds Capital Management LLC now owns 2,425 shares of the pipeline company’s stock worth $154,000 after purchasing an additional 200 shares in the last quarter. Finally, Rossby Financial LCC increased its holdings in Williams Companies by 19.9% during the 3rd quarter. Rossby Financial LCC now owns 1,218 shares of the pipeline company’s stock worth $78,000 after acquiring an additional 202 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on WMB. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Monday, December 29th. Jefferies Financial Group increased their target price on shares of Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. TD Cowen boosted their price target on shares of Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Wells Fargo & Company raised their price objective on Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. Finally, BMO Capital Markets lowered their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Williams Companies currently has an average rating of “Moderate Buy” and an average price target of $75.36.

Insider Transactions at Williams Companies

In related news, SVP Terrance Lane Wilson sold 27,000 shares of the stock in a transaction dated 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 directly owned 293,159 shares in the company, valued at $21,377,154.28. This trade represents a 8.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The shares were 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. This trade represents a 36.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 41,107 shares of company stock worth $2,982,535 over the last ninety days. Insiders own 0.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE WMB opened at $74.75 on Friday. 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 $75.59. The company’s 50-day moving average is $65.35 and its 200 day moving average is $61.78. The stock has a market capitalization of $91.31 billion, a P/E ratio of 34.93, a P/E/G ratio of 1.33 and a beta of 0.65.

Williams Companies (NYSE:WMB) last posted its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The firm had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same quarter last year, the company posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be issued 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 dividend 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.