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

Mitsubishi UFJ Trust & Banking Corp decreased its stake in Williams Companies, Inc. (The) (NYSE:WMB) by 1.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 684,788 shares of the pipeline company’s stock after selling 6,861 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.06% of Williams Companies worth $50,907,000 at the end of the most recent reporting period.

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

Williams Companies Price Performance

Shares of WMB opened at $75.04 on Friday. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The stock’s fifty day moving average is $73.27 and its 200-day moving average is $72.90. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The firm has a market capitalization of $91.79 billion, a price-to-earnings ratio of 29.90, a price-to-earnings-growth ratio of 1.77 and a beta of 0.58.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. The business had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio is currently 83.67%.

Analyst Ratings Changes

A number of research firms recently weighed in on WMB. TD Cowen increased their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Barclays boosted their target price on shares of Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Wolfe Research upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Stifel Nicolaus raised their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Finally, Truist Financial lifted their price target on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $85.33.

Insider Activity

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total value of $141,300.00. Following the completion of the transaction, the senior vice president directly owned 281,159 shares in the company, valued at $19,863,883.35. This trade represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.47% of the stock is owned by company insiders.

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.