Commonwealth of Pennsylvania Public School Empls Retrmt SYS Reduces Stock Position in Williams Companies, Inc. (The) $WMB

Commonwealth of Pennsylvania Public School Empls Retrmt SYS cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 0.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,092,853 shares of the pipeline company’s stock after selling 9,187 shares during the quarter. Williams Companies makes up approximately 0.6% of Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s portfolio, making the stock its 20th biggest holding. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Williams Companies were worth $125,801,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Guinness Atkinson Asset Management Inc purchased a new stake in Williams Companies during the 4th quarter worth approximately $299,000. Norges Bank purchased a new stake in Williams Companies during the 4th quarter worth approximately $747,749,000. Eurizon SLJ Capital Ltd bought a new stake in shares of Williams Companies in the 4th quarter valued at approximately $118,000. Fideuram Asset Management Ireland dac bought a new stake in shares of Williams Companies in the 4th quarter valued at approximately $1,915,000. Finally, Basepoint Wealth LLC bought a new stake in shares of Williams Companies in the 4th quarter valued at approximately $50,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, SVP Glen G. Jasek sold 2,500 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. This represents a 4.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total value of $547,807.96. Following the transaction, the senior vice president owned 26,055 shares of the company’s stock, valued at approximately $1,938,231.45. The trade was a 22.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 80,762 shares of company stock worth $6,088,112 over the last 90 days. Insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Morgan Stanley boosted their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Wolfe Research upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Stifel Nicolaus boosted their price target on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, UBS Group boosted their price target on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $82.40.

Williams Companies Price Performance

Shares of WMB opened at $71.41 on Friday. The company has a market cap of $87.23 billion, a P/E ratio of 31.32, a PEG ratio of 1.23 and a beta of 0.61. The stock has a fifty day moving average price of $73.77 and a 200 day moving average price of $68.03. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the business earned $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, research analysts forecast that Williams Companies, Inc. will post 2.46 earnings per share for the current year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be paid a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Friday, June 12th. Williams Companies’s dividend payout ratio is presently 92.11%.

About Williams Companies

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.