California State Teachers Retirement System Acquires 160,471,058 Shares of Williams Companies, Inc. (The) $WMB

California State Teachers Retirement System lifted its holdings in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 7,567.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 162,591,616 shares of the pipeline company's stock after acquiring an additional 160,471,058 shares during the period. California State Teachers Retirement System owned 13.29% of Williams Companies worth $12,087,061,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after purchasing an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC lifted its position in Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company's stock worth $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company's stock worth $35,734,000 after buying an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company's stock worth $644,000 after buying an additional 296 shares during the period. Finally, Ieq Capital LLC boosted its stake in Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company's stock worth $10,366,000 after buying an additional 101,574 shares during the period. 86.44% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, SVP Terrance Wilson sold 13,000 shares of the firm's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares of the company's stock, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 19,000 shares of company stock valued at $1,414,050. 0.47% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

WMB has been the topic of several recent analyst reports. The Goldman Sachs Group reissued a "buy" rating and issued a $82.00 target price on shares of Williams Companies in a research note on Tuesday, July 14th. Royal Bank Of Canada lifted their price target on shares of Williams Companies from $83.00 to $87.00 and gave the stock an "outperform" rating in a research note on Monday, August 10th. Weiss Ratings reiterated a "buy (b)" rating on shares of Williams Companies in a report on Wednesday, June 24th. Canadian Imperial Bank of Commerce increased their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an "outperformer" rating in a research report on Tuesday, May 26th. Finally, Wells Fargo & Company raised their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $85.60.

Williams Companies Stock Performance

WMB stock opened at $75.83 on Wednesday. Williams Companies, Inc. has a twelve month low of $56.19 and a twelve month high of $80.07. The firm has a market cap of $92.76 billion, a price-to-earnings ratio of 30.21, a PEG ratio of 1.54 and a beta of 0.59. The business's fifty day simple moving average is $73.31 and its two-hundred day simple moving average is $73.54. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB - Get Free Report) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business's revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts predict that Williams Companies, Inc. will post 2.45 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies's payout ratio is 83.67%.

Williams Companies Profile

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.

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