Williams Companies, Inc. (The) $WMB Holdings Boosted by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 8.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,267,150 shares of the pipeline company’s stock after purchasing an additional 247,449 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.27% of Williams Companies worth $242,880,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Apella Capital LLC grew its holdings in shares of Williams Companies by 2.3% during the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock valued at $450,000 after buying an additional 134 shares in the last quarter. Mirador Capital Partners LP lifted its stake in Williams Companies by 0.9% in the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock worth $1,201,000 after acquiring an additional 140 shares in the last quarter. Aletheian Wealth Advisors LLC boosted its position in Williams Companies by 3.8% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock worth $285,000 after acquiring an additional 140 shares during the period. Mill Creek Capital Advisors LLC boosted its position in Williams Companies by 2.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after acquiring an additional 141 shares during the period. Finally, Eagle Bay Advisors LLC grew its stake in Williams Companies by 5.2% during the 2nd quarter. Eagle Bay Advisors LLC now owns 2,986 shares of the pipeline company’s stock valued at $222,000 after acquiring an additional 148 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.55 on Tuesday. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock’s 50-day moving average is $73.31 and its two-hundred day moving average is $73.01. 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 firm has a market cap of $89.96 billion, a P/E ratio of 29.30, a PEG ratio of 1.58 and a beta of 0.59.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) 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 business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the company earned $0.46 EPS. The firm’s revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts predict that Williams Companies, Inc. will post 2.43 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm 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 $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s payout ratio is 83.67%.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the sale, the senior vice president directly 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 legal filing with the SEC, which is available at this hyperlink. Insiders have sold 17,000 shares of company stock valued at $1,262,930 over the last ninety days. Insiders own 0.47% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently weighed in on WMB. Citigroup upped their target price on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Scotiabank upped their price objective on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. TD Cowen upped their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research report on Tuesday, May 26th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Buy” and a consensus target price of $85.33.

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.