California State Teachers Retirement System Boosts Stock Position in Williams Companies, Inc. (The) $WMB

California State Teachers Retirement System increased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 3.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,187,135 shares of the pipeline company's stock after purchasing an additional 66,577 shares during the quarter. California State Teachers Retirement System owned 0.18% of Williams Companies worth $162,591,616 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. State Street Corp lifted its position in Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company's stock worth $4,086,344,000 after acquiring an additional 1,296,991 shares during the period. Bank of America Corp DE acquired a new position in Williams Companies in the second quarter worth approximately $3,320,606,000. Wellington Management Group LLP lifted its holdings in shares of Williams Companies by 43.4% during the 2nd quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company's stock valued at $2,460,446,000 after buying an additional 10,013,946 shares during the last quarter. Clearbridge Investments LLC increased its holdings in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company's stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares during the period. Finally, Deutsche Bank AG raised its position in Williams Companies by 1.2% in the 4th quarter. Deutsche Bank AG now owns 20,036,698 shares of the pipeline company's stock valued at $1,204,406,000 after purchasing an additional 239,732 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

WMB has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an "equal weight" rating in a report on Wednesday, July 8th. Stifel Nicolaus began coverage on shares of Williams Companies in a report on Thursday, September 10th. They issued a "buy" rating and a $85.00 target price for the company. Scotiabank reduced their target price on shares of Williams Companies from $86.00 to $85.00 and set a "sector outperform" rating on the stock in a report on Thursday, September 10th. Canadian Imperial Bank of Commerce boosted their price target on Williams Companies from $83.00 to $85.00 and gave the company an "outperformer" rating in a report on Tuesday, May 26th. Finally, Jefferies Financial Group cut their price target on Williams Companies from $87.00 to $85.00 and set a "buy" rating on the stock in a report on Wednesday, July 1st. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $85.67.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Terrance Wilson sold 13,000 shares of Williams Companies stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares in the company, valued at $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 19,000 shares of company stock worth $1,414,050 over the last quarter. Corporate insiders own 0.47% of the company's stock.

Williams Companies Price Performance

WMB traded down $0.69 during trading on Tuesday, hitting $71.25. The company's stock had a trading volume of 2,297,740 shares, compared to its average volume of 7,008,700. 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, Inc. has a 12 month low of $56.19 and a 12 month high of $80.07. The firm's 50 day moving average price is $73.34 and its two-hundred day moving average price is $73.55. The stock has a market capitalization of $87.16 billion, a price-to-earnings ratio of 28.41, a price-to-earnings-growth ratio of 1.53 and a beta of 0.59.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.83 billion. During the same period in the previous year, the firm earned $0.46 EPS. The company's quarterly revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued 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, September 11th. Williams Companies's payout ratio is 83.67%.

About Williams Companies

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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