Campbell Newman Asset Management Inc. Has $48.67 Million Holdings in Williams Companies, Inc. (The) $WMB

Campbell Newman Asset Management Inc. raised its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 14.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 654,720 shares of the pipeline company’s stock after acquiring an additional 81,777 shares during the quarter. Williams Companies comprises 3.6% of Campbell Newman Asset Management Inc.’s portfolio, making the stock its 10th largest position. Campbell Newman Asset Management Inc. owned approximately 0.05% of Williams Companies worth $48,672,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of America Corp DE bought a new position in shares of Williams Companies in the 2nd quarter worth $3,320,606,000. Norges Bank acquired a new position in shares of Williams Companies during the 4th quarter worth about $747,749,000. Wellington Management Group LLP increased its stake in shares of Williams Companies by 43.4% in the 2nd quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company’s stock valued at $2,460,446,000 after acquiring an additional 10,013,946 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of Williams Companies in the 2nd quarter valued at approximately $596,077,000. Finally, BROOKFIELD Corp ON grew its holdings in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the period. Institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. TD Cowen increased their target price on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Barclays boosted their target price on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Jefferies Financial Group dropped their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Morgan Stanley boosted their price objective on Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday, August 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $85.60.

Williams Companies Price Performance

NYSE:WMB opened at $73.75 on Friday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The stock’s 50-day simple moving average is $73.46 and its 200 day simple moving average is $73.33. The company has a market cap of $90.21 billion, a P/E ratio of 29.38, a P/E/G ratio of 1.54 and a beta of 0.58. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07.

Williams Companies (NYSE:WMB) last released its 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 return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same quarter in the prior year, the company posted $0.46 earnings per share. Williams Companies’s revenue was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, sell-side analysts forecast that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio is currently 83.67%.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 13,000 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.87, for a total value 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 approximately $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, 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 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.