Williams Companies, Inc. (The) $WMB Holdings Trimmed by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp reduced its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 1.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 684,788 shares of the pipeline company’s stock after selling 6,861 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Williams Companies were worth $50,907,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Williams Companies by 40.9% in the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after purchasing an additional 242 shares during the last quarter. Treasurer of the State of North Carolina raised its holdings in shares of Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in shares of Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares in the last quarter. Finally, Ieq Capital LLC lifted 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 valued at $10,366,000 after purchasing an additional 101,574 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on WMB shares. UBS Group restated a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Wells Fargo & Company upped their price target on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a report on Wednesday, August 5th. Citigroup increased their price objective on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. TD Cowen raised their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Finally, Stifel Nicolaus lifted their target price on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $85.33.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $70.65, for a total value of $141,300.00. Following the completion of the sale, the senior vice president owned 281,159 shares in the company, valued at $19,863,883.35. This represents a 0.71% 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. 0.47% of the stock is owned by insiders.

Williams Companies Stock Performance

Williams Companies stock opened at $75.04 on Friday. The firm’s 50 day simple moving average is $73.27 and its 200-day simple moving average is $72.90. The company has a market cap of $91.79 billion, a P/E ratio of 29.90, a price-to-earnings-growth ratio of 1.77 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. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07.

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. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter in the previous year, the business earned $0.46 earnings per share. The firm’s 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. As a group, equities research analysts predict that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. 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 (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.