Sumitomo Mitsui DS Asset Management Company Ltd Has $43.35 Million Holdings in Williams Companies, Inc. (The) $WMB

Sumitomo Mitsui DS Asset Management Company Ltd increased its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 14.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 684,241 shares of the pipeline company’s stock after purchasing an additional 85,218 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Williams Companies were worth $43,347,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of WMB. Oregon Public Employees Retirement Fund lifted its holdings in shares of Williams Companies by 32.0% during the 3rd quarter. Oregon Public Employees Retirement Fund now owns 139,535 shares of the pipeline company’s stock worth $8,840,000 after acquiring an additional 33,821 shares during the period. Capital Investment Advisors LLC increased its stake in Williams Companies by 6.1% in the third quarter. Capital Investment Advisors LLC now owns 250,445 shares of the pipeline company’s stock valued at $15,866,000 after acquiring an additional 14,290 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Williams Companies by 9.8% during the third quarter. Nisa Investment Advisors LLC now owns 419,681 shares of the pipeline company’s stock valued at $26,587,000 after purchasing an additional 37,467 shares in the last quarter. Abbington Investment Group bought a new stake in Williams Companies during the third quarter worth $217,000. Finally, Ferguson Wellman Capital Management Inc. boosted its holdings in shares of Williams Companies by 1.2% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 22,971 shares of the pipeline company’s stock valued at $1,455,000 after purchasing an additional 272 shares in the last quarter. 86.44% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total value of $123,800.00. Following the completion of the transaction, the senior vice president directly owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. This trade represents a 0.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on WMB. Mizuho raised Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research note on Monday, December 29th. Jefferies Financial Group raised their price target on shares of Williams Companies from $70.00 to $71.00 and gave the company a “buy” rating in a research note on Friday. Finally, Zacks Research lowered shares of Williams Companies from a “hold” rating to a “strong sell” rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $68.29.

Williams Companies Stock Performance

NYSE WMB opened at $60.31 on Friday. The stock has a fifty day simple moving average of $59.96 and a 200 day simple moving average of $59.69. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $73.65 billion, a price-to-earnings ratio of 31.09, a PEG ratio of 1.41 and a beta of 0.64. Williams Companies, Inc. has a twelve month low of $51.58 and a twelve month high of $65.55.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a net margin of 20.61% and a return on equity of 16.74%. The firm had revenue of $2.92 billion for the quarter, compared to analyst estimates of $2.87 billion. During the same period in the prior year, the company posted $0.43 EPS. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 12th were given a dividend of $0.50 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies’s dividend payout ratio is 103.09%.

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.