UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 128,884 Shares of Williams Companies, Inc. (The) $WMB

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Williams Companies, Inc. (The) (NYSE:WMB) by 1.4% during the 2nd quarter, Holdings Channel reports. The firm owned 8,792,629 shares of the pipeline company’s stock after selling 128,884 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Williams Companies were worth $653,644,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Main Street Group LTD bought a new stake in shares of Williams Companies during the first quarter worth $26,000. Motiv8 Investments LLC bought a new stake in shares of Williams Companies in the 4th quarter valued at about $27,000. Allied Private Wealth LLC bought a new position in Williams Companies during the second quarter worth about $28,000. Bayforest Capital Ltd acquired a new position in Williams Companies in the second quarter valued at about $28,000. Finally, Clearstead Trust LLC increased its holdings in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on WMB shares. Barclays increased their target price on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Royal Bank Of Canada upped their price target on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Truist Financial boosted their price objective 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. Finally, TD Cowen raised their target price on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $85.60.

Insider Buying and Selling

In related news, SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. Over the last ninety days, insiders sold 17,000 shares of company stock valued at $1,262,930. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Stock Performance

Shares of WMB stock opened at $73.75 on Friday. 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. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The business’s 50-day moving average price is $73.46 and its 200-day moving average price is $73.33. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same quarter last year, the business earned $0.46 EPS. The company’s revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Equities research analysts forecast that Williams Companies, Inc. will post 2.45 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. Investors of record on Friday, September 11th will be issued a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.8%. Williams Companies’s dividend payout ratio is 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.