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

Mitsubishi UFJ Trust & Banking Corp trimmed its holdings in Williams Companies, Inc. (The) (NYSE:WMBFree Report) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 685,573 shares of the pipeline company’s stock after selling 10,195 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Williams Companies were worth $41,210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. BROOKFIELD Corp ON grew its holdings in shares of Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the period. Wellington Management Group LLP increased its position in Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after purchasing an additional 6,668,950 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Williams Companies by 4,992.2% in the 4th quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after purchasing an additional 3,631,986 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in Williams Companies by 30.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 9,073,602 shares of the pipeline company’s stock valued at $574,856,000 after purchasing an additional 2,116,526 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Williams Companies by 27.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 7,753,924 shares of the pipeline company’s stock valued at $491,225,000 after purchasing an additional 1,668,706 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Williams Companies Trading Up 2.1%

NYSE WMB opened at $73.10 on Wednesday. The firm’s 50-day moving average is $73.04 and its two-hundred day moving average is $65.74. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $76.87. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. The stock has a market capitalization of $89.29 billion, a P/E ratio of 34.16, a PEG ratio of 1.20 and a beta of 0.63.

Williams Companies (NYSE:WMBGet Free Report) last posted its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 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 company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the previous year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts anticipate that Williams Companies, Inc. will post 2.41 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be given a $0.525 dividend. The ex-dividend date of this dividend is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is presently 98.13%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on WMB. Citigroup boosted their target price on shares of Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, February 12th. UBS Group boosted their target price on shares of Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Royal Bank Of Canada increased their price objective on Williams Companies from $78.00 to $82.00 and gave the stock an “outperform” rating in a research report on Monday, April 6th. Zacks Research upgraded Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Finally, Stifel Nicolaus increased their price objective on Williams Companies from $69.00 to $78.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Four analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Williams Companies currently has an average rating of “Buy” and a consensus target price of $78.60.

Get Our Latest Analysis on Williams Companies

Williams Companies News Roundup

Here are the key news stories impacting Williams Companies this week:

Insider Activity at Williams Companies

In other Williams Companies news, SVP Todd J. Rinke sold 7,364 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total value of $547,807.96. Following the transaction, the senior vice president owned 26,055 shares of the company’s stock, valued at $1,938,231.45. This represents a 22.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Payvand Fazel sold 2,898 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the transaction, the senior vice president directly owned 31,766 shares in the company, valued at $2,323,682.90. The trade was a 8.36% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 53,369 shares of company stock worth $3,912,512. 0.47% of the stock is owned by corporate insiders.

About Williams Companies

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Williams Companies (NYSE:WMB)

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