Mitsubishi UFJ Trust & Banking Corp Purchases 41,959 Shares of Williams Companies, Inc. (The) $WMB

Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.0% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 746,037 shares of the pipeline company’s stock after buying an additional 41,959 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned about 0.06% of Williams Companies worth $46,859,000 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. Flaharty Asset Management LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at $25,000. Saudi Central Bank bought a new stake in Williams Companies in the first quarter valued at about $29,000. Private Wealth Management Group LLC lifted its stake in Williams Companies by 104.8% in the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock valued at $29,000 after buying an additional 240 shares during the period. Hartford Funds Management Co LLC bought a new position in Williams Companies during the second quarter worth about $29,000. Finally, Atlantic Union Bankshares Corp acquired a new position in shares of Williams Companies during the 2nd quarter worth about $32,000. 86.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $57.62, for a total transaction of $115,240.00. Following the completion of the sale, the senior vice president owned 311,645 shares of the company’s stock, valued at $17,956,984.90. This trade represents a 0.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.44% of the company’s stock.

Analyst Ratings Changes

WMB has been the topic of several recent analyst reports. Cibc World Mkts raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 15th. Argus reissued a “buy” rating and set a $66.00 price target on shares of Williams Companies in a research report on Thursday, August 14th. Zacks Research lowered shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Friday, October 17th. The Goldman Sachs Group raised their price objective on Williams Companies from $59.00 to $65.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Finally, Wells Fargo & Company boosted their target price on Williams Companies from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.86.

Williams Companies Price Performance

NYSE WMB opened at $60.43 on Thursday. The firm’s 50 day moving average is $60.55 and its 200-day moving average is $59.44. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $73.80 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. Williams Companies, Inc. has a 12-month low of $51.58 and a 12-month high of $65.55.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). The business had revenue of $2.92 billion during the quarter, compared to the consensus estimate of $2.87 billion. Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period last year, the business posted $0.43 EPS. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Equities research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be given a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, December 12th. Williams Companies’s payout ratio is 103.09%.

Williams Companies Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.