Williams Companies, Inc. (The) $WMB Shares Sold by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan cut its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 9.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 272,245 shares of the pipeline company’s stock after selling 26,962 shares during the period. Nissay Asset Management Corp Japan’s holdings in Williams Companies were worth $20,239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in WMB. Chapin Davis Inc. lifted its holdings in shares of Williams Companies by 1.7% in the 2nd quarter. Chapin Davis Inc. now owns 11,885 shares of the pipeline company’s stock valued at $884,000 after buying an additional 203 shares during the period. Hsbc Holdings PLC boosted its stake in shares of Williams Companies by 11.6% in the second quarter. Hsbc Holdings PLC now owns 2,611,216 shares of the pipeline company’s stock worth $194,429,000 after buying an additional 272,250 shares during the last quarter. Campbell Newman Asset Management Inc. grew its holdings in Williams Companies by 14.3% during the second quarter. Campbell Newman Asset Management Inc. now owns 654,720 shares of the pipeline company’s stock worth $48,672,000 after acquiring an additional 81,777 shares during the period. Wellington Management Group LLP grew its holdings in Williams Companies by 43.4% during the second quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company’s stock worth $2,460,446,000 after acquiring an additional 10,013,946 shares during the period. Finally, Archer Investment Corp purchased a new position in Williams Companies during the second quarter valued at approximately $64,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Trading Down 0.6%

Shares of NYSE:WMB opened at $73.75 on Friday. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07. The firm has a market capitalization of $90.21 billion, a price-to-earnings ratio of 29.38, a price-to-earnings-growth ratio of 1.54 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The business’s 50 day moving average price is $73.46 and its 200-day moving average price is $73.33.

Williams Companies (NYSE:WMB) last released its quarterly 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 for the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.45 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 given a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president owned 268,159 shares of the company’s stock, 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 this link. Insiders have sold a total of 17,000 shares of company stock valued at $1,262,930 in the last quarter. 0.47% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently issued reports on WMB. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. TD Cowen lifted their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. upped their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Scotiabank increased their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Williams Companies currently has an average rating of “Buy” and an average price target of $85.60.

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.