Brasada Capital Management LP Invests $13.43 Million in Williams Companies, Inc. (The) $WMB

Brasada Capital Management LP bought a new stake in Williams Companies, Inc. (The) (NYSE:WMB) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 180,653 shares of the pipeline company’s stock, valued at approximately $13,430,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp boosted its position in Williams Companies by 1.9% in the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after purchasing an additional 1,296,991 shares during the last quarter. Bank of America Corp DE grew its stake in Williams Companies by 4.8% in the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares during the period. Morgan Stanley increased its position in shares of Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after purchasing an additional 3,748,126 shares during the last quarter. Finally, Deutsche Bank AG raised its stake in shares of Williams Companies by 1.2% during the 4th quarter. Deutsche Bank AG now owns 20,036,698 shares of the pipeline company’s stock worth $1,204,406,000 after purchasing an additional 239,732 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group cut their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Barclays raised their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Morgan Stanley boosted their target price on shares of Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. increased their target price on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $85.60.

Insider Buying and Selling at Williams Companies

In other 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 sale, the senior vice president 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 document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 17,000 shares of company stock valued at $1,262,930 in the last three months. 0.47% of the stock is owned by company insiders.

Williams Companies Stock Down 0.3%

Shares of NYSE WMB opened at $74.19 on Friday. 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 stock has a market capitalization of $90.75 billion, a PE ratio of 29.56, a P/E/G ratio of 1.55 and a beta of 0.58. Williams Companies, Inc. has a one year low of $56.08 and a one year high of $80.07. The business’s fifty day moving average price is $73.44 and its 200-day moving average price is $73.33.

Williams Companies (NYSE:WMB) last announced 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. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same quarter last year, the firm posted $0.46 EPS. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities research analysts anticipate that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently announced 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. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

About Williams Companies

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.