First Financial Bankshares Inc Sells 7,666 Shares of Williams Companies, Inc. (The) $WMB

First Financial Bankshares Inc cut its position in Williams Companies, Inc. (The) (NYSE:WMB) by 0.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,460,750 shares of the pipeline company’s stock after selling 7,666 shares during the quarter. Williams Companies accounts for about 1.9% of First Financial Bankshares Inc’s portfolio, making the stock its 14th largest holding. First Financial Bankshares Inc owned about 0.12% of Williams Companies worth $92,539,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. LRI Investments LLC raised its position in Williams Companies by 8.8% during the third quarter. LRI Investments LLC now owns 2,169 shares of the pipeline company’s stock valued at $137,000 after purchasing an additional 176 shares in the last quarter. Patten & Patten Inc. TN increased its stake in shares of Williams Companies by 1.7% in the 3rd quarter. Patten & Patten Inc. TN now owns 11,087 shares of the pipeline company’s stock valued at $702,000 after purchasing an additional 187 shares during the last quarter. Chesley Taft & Associates LLC increased its stake in shares of Williams Companies by 1.9% in the 3rd quarter. Chesley Taft & Associates LLC now owns 10,420 shares of the pipeline company’s stock valued at $660,000 after purchasing an additional 199 shares during the last quarter. Bank of Jackson Hole Trust raised its holdings in shares of Williams Companies by 42.5% during the 2nd quarter. Bank of Jackson Hole Trust now owns 671 shares of the pipeline company’s stock worth $42,000 after buying an additional 200 shares in the last quarter. Finally, Tradewinds Capital Management LLC lifted its position in shares of 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 buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $66.39, for a total value of $132,780.00. Following the completion of the sale, the senior vice president directly owned 293,545 shares in the company, valued at $19,488,452.55. This represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.44% of the stock is currently owned by corporate insiders.

Williams Companies Stock Performance

NYSE:WMB opened at $72.94 on Tuesday. The stock has a market cap of $89.08 billion, a P/E ratio of 34.09, a price-to-earnings-growth ratio of 1.30 and a beta of 0.65. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock’s 50-day moving average is $64.10 and its 200-day moving average is $61.37. Williams Companies, Inc. has a 1-year low of $51.58 and a 1-year high of $73.87.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The business had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same quarter last year, the business earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The firm also recently declared 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 represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. Williams Companies’s dividend payout ratio (DPR) is presently 93.46%.

Wall Street Analyst Weigh In

WMB has been the topic of a number of recent analyst reports. TD Cowen lifted their target price on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Monday, December 29th. Mizuho raised shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Stifel Nicolaus increased their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.36.

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.