Williams Companies, Inc. (The) $WMB Shares Sold by Nissay Asset Management Corp Japan

Nissay Asset Management Corp Japan trimmed its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 9.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 272,245 shares of the pipeline company’s stock after selling 26,962 shares during the quarter. Nissay Asset Management Corp Japan’s holdings in Williams Companies were worth $20,239,000 as of its most recent filing with the SEC.

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

Williams Companies Stock Performance

NYSE:WMB opened at $73.75 on Friday. The company’s 50-day moving average is $73.46 and its two-hundred day moving average is $73.33. Williams Companies, Inc. has a 1-year low of $56.08 and a 1-year high of $80.07. 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 firm has a market capitalization of $90.21 billion, a price-to-earnings ratio of 29.38, a PEG ratio of 1.54 and a beta of 0.58.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates 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 business’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts forecast that Williams Companies, Inc. will post 2.45 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio is presently 83.67%.

Analysts Set New Price Targets

WMB has been the topic of a number of recent research reports. Truist Financial boosted their price target on shares of Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Morgan Stanley increased their price objective on shares of Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a report on Tuesday, August 18th. Wells Fargo & Company raised their target price on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. TD Cowen boosted their target price on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Canadian Imperial Bank of Commerce upped their price target on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research report on Tuesday, May 26th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $85.60.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 13,000 shares of the firm’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 17,000 shares of company stock worth $1,262,930 over the last ninety days. 0.47% of the stock is owned by company insiders.

Williams Companies 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.