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

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 0.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,092,853 shares of the pipeline company’s stock after selling 9,187 shares during the quarter. Williams Companies comprises 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 owned about 0.17% of Williams Companies worth $125,801,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in WMB. Towne Trust Company N.A increased its position in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after buying an additional 162 shares in the last quarter. Clearstead Trust LLC increased its position in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. WHI TRUST Co LLC purchased a new position in shares of Williams Companies in the fourth quarter valued at $30,000. Entrust Financial LLC purchased a new position in shares of Williams Companies in the fourth quarter valued at $31,000. Finally, Financial Life Planners purchased a new position in shares of Williams Companies in the third quarter valued at $36,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Down 2.4%

Shares of NYSE:WMB opened at $71.41 on Friday. The stock’s 50-day moving average price is $73.77 and its two-hundred day moving average price is $68.03. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07. The firm has a market cap of $87.23 billion, a price-to-earnings ratio of 31.32, a PEG ratio of 1.23 and a beta of 0.61.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same period last year, the company earned $0.60 EPS. The firm’s quarterly revenue was down .6% on a year-over-year basis. 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 EPS for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s payout ratio is currently 92.11%.

Insiders Place Their Bets

In other news, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president directly owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO John Dean Porter sold 50,000 shares of Williams Companies stock in a transaction dated 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 completion of the transaction, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 80,762 shares of company stock worth $6,088,112. 0.47% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of research analyst reports. Morgan Stanley raised their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. The Goldman Sachs Group upgraded Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target for the company in a research report on Monday, April 20th. Royal Bank Of Canada raised their price target on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Canadian Imperial Bank of Commerce raised their price target on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research report on Tuesday, May 26th. Finally, TD Cowen lifted their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and a consensus price target of $82.40.

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.