Williams Companies, Inc. (The) $WMB Shares Sold by Resona Asset Management Co. Ltd.

Resona Asset Management Co. Ltd. decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 3.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 422,187 shares of the pipeline company’s stock after selling 15,851 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in Williams Companies were worth $25,356,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Hartford Funds Management Co LLC raised its holdings in Williams Companies by 52.1% in the 4th quarter. Hartford Funds Management Co LLC now owns 27,038 shares of the pipeline company’s stock valued at $1,626,000 after acquiring an additional 9,264 shares during the last quarter. Csenge Advisory Group raised its holdings in Williams Companies by 11.7% in the 4th quarter. Csenge Advisory Group now owns 73,803 shares of the pipeline company’s stock valued at $4,436,000 after acquiring an additional 7,729 shares during the last quarter. Integral Investment Advisors Inc. acquired a new position in Williams Companies in the 4th quarter valued at $242,000. Capstone Capital Management Ltd acquired a new position in Williams Companies in the 4th quarter valued at $270,000. Finally, ProShare Advisors LLC raised its holdings in Williams Companies by 8.5% in the 4th quarter. ProShare Advisors LLC now owns 367,624 shares of the pipeline company’s stock valued at $22,098,000 after acquiring an additional 28,740 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Trading Up 2.1%

Shares of WMB opened at $79.32 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $96.89 billion, a P/E ratio of 34.79, a price-to-earnings-growth ratio of 1.32 and a beta of 0.61. The stock’s fifty day simple moving average is $73.39 and its 200 day simple moving average is $67.09. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $79.59.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the company posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities research analysts forecast that Williams Companies, Inc. will post 2.37 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.6%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 12,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer owned 98,219 shares in the company, valued at approximately $7,511,789.12. This trade represents a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the completion of the transaction, the chief financial officer owned 196,567 shares in the company, valued at $14,815,254.79. The trade was a 20.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 117,869 shares of company stock valued at $8,814,067 in the last three months. 0.47% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have weighed in on WMB. Royal Bank Of Canada boosted their price target on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Friday, March 27th. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research note on Monday, April 20th. Citigroup upped their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Finally, Jefferies Financial Group upped their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, April 10th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $80.47.

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.