Sumitomo Mitsui Trust Group Inc. Sells 130,227 Shares of Williams Companies, Inc. (The) $WMB

Sumitomo Mitsui Trust Group Inc. reduced its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 4.7% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,666,077 shares of the pipeline company’s stock after selling 130,227 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Williams Companies were worth $194,037,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in WMB. Norges Bank bought a new stake in Williams Companies during the 4th quarter valued at approximately $747,749,000. BROOKFIELD Corp ON grew its holdings in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Wellington Management Group LLP increased its position in Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after buying an additional 6,668,950 shares during the period. Clearbridge Investments LLC increased its position in Williams Companies by 21.3% in the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after buying an additional 3,748,126 shares during the period. Finally, SG Americas Securities LLC lifted its holdings in shares of Williams Companies by 4,992.2% during the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock worth $222,692,000 after buying an additional 3,631,986 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Stock Up 0.3%

Shares of WMB stock opened at $75.49 on Friday. The stock has a market cap of $92.21 billion, a P/E ratio of 33.11, a price-to-earnings-growth ratio of 1.84 and a beta of 0.57. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The stock has a fifty day moving average price of $74.30 and a 200 day moving average price of $70.76. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.10. The firm had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts predict that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 29th. Stockholders of record on Friday, June 12th were given a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Friday, June 12th. Williams Companies’s payout ratio is 92.11%.

Analyst Upgrades and Downgrades

WMB has been the topic of several research analyst reports. Royal Bank Of Canada raised their price objective on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research note on Monday, April 20th. Morgan Stanley increased their price target on shares of Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a report on Wednesday, May 20th. JPMorgan Chase & Co. boosted their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. Finally, Barclays upped their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Williams Companies has an average rating of “Buy” and an average target price of $83.50.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the sale, the chief operating officer directly owned 98,219 shares of the company’s stock, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO John Dean Porter sold 50,000 shares of Williams Companies stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total value of $3,768,500.00. Following the sale, the chief financial officer directly owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 68,500 shares of company stock worth $5,182,655. 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.