468,139 Shares in Williams Companies, Inc. (The) $WMB Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 468,139 shares of the pipeline company’s stock, valued at approximately $34,801,000.

Other institutional investors have also made changes to their positions in the company. Infrastructure Capital Advisors LLC purchased a new stake in Williams Companies in the 2nd quarter worth approximately $15,277,000. Cynosure Group LLC acquired a new stake in Williams Companies in the 2nd quarter worth about $647,000. Ieq Capital LLC purchased a new stake in Williams Companies in the 2nd quarter valued at about $2,504,000. Gabelli Funds LLC increased its stake in shares of Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after acquiring an additional 17,900 shares during the last quarter. Finally, SIR Capital Management L.P. lifted its holdings in shares of Williams Companies by 40.0% during the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the period. 86.44% of the stock is owned by institutional investors and hedge funds.

Williams Companies Stock Performance

NYSE:WMB opened at $73.75 on Friday. The firm’s fifty day simple moving average is $73.46 and its 200 day simple moving average is $73.33. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a twelve month low of $56.08 and a twelve month high of $80.07. The firm has a market capitalization of $90.21 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 1.54 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate of $0.50. The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the business posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies, Inc. will post 2.45 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on WMB. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. UBS Group reiterated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Stifel Nicolaus boosted their price target on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Finally, Canadian Imperial Bank of Commerce upped their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of “Buy” and a consensus target price of $85.60.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction 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. The trade was a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 17,000 shares of company stock worth $1,262,930 over the last 90 days. Insiders own 0.47% of the company’s stock.

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.