Mitsubishi UFJ Asset Management Co. Ltd. Has $242.88 Million Holdings in Williams Companies, Inc. (The) $WMB

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 8.2% during the second quarter, HoldingsChannel.com reports. The fund owned 3,267,150 shares of the pipeline company’s stock after purchasing an additional 247,449 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Williams Companies were worth $242,880,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WMB. Main Street Group LTD acquired a new stake in Williams Companies in the 1st quarter worth approximately $26,000. Motiv8 Investments LLC acquired a new position in Williams Companies during the fourth quarter valued at approximately $27,000. Allied Private Wealth LLC acquired a new position in Williams Companies during the second quarter valued at approximately $28,000. Bayforest Capital Ltd bought a new position in shares of Williams Companies in the second quarter valued at approximately $28,000. Finally, Clearstead Trust LLC raised its position 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 valued at $29,000 after purchasing an additional 186 shares during the period. 86.44% of the stock is owned by institutional investors.

Insider Transactions at Williams Companies

In other 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 owned 268,159 shares in the company, valued at approximately $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last quarter, insiders have sold 17,000 shares of company stock valued at $1,262,930. Company insiders own 0.47% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. TD Cowen boosted their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Barclays boosted their target price on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 8th. Stifel Nicolaus upped their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Finally, Morgan Stanley raised their price target on Williams Companies from $98.00 to $99.00 and gave the company an “overweight” rating in a research report on Tuesday, July 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Williams Companies currently has a consensus rating of “Buy” and a consensus target price of $85.33.

Williams Companies Stock Down 2.2%

Shares of WMB stock opened at $73.55 on Tuesday. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The firm has a market cap of $89.96 billion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. The stock has a 50 day moving average of $73.31 and a 200-day moving average of $73.01.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data 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 business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter last year, the company posted $0.46 earnings per share. Williams Companies’s quarterly 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. On average, equities analysts predict that Williams Companies, Inc. will post 2.43 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. Shareholders of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is currently 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.