Brasada Capital Management LP Invests $13.43 Million in Williams Companies, Inc. (The) $WMB

Brasada Capital Management LP bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 180,653 shares of the pipeline company's stock, valued at approximately $13,430,000.

Several other hedge funds and other institutional investors have also bought and sold shares of WMB. State Street Corp grew its stake in Williams Companies by 1.9% during the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company's stock worth $4,086,344,000 after purchasing an additional 1,296,991 shares during the period. Bank of America Corp DE lifted its stake in Williams Companies by 4.8% in the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company's stock valued at $2,768,298,000 after buying an additional 2,100,164 shares during the period. Morgan Stanley boosted its holdings in shares of Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company's stock worth $2,018,017,000 after buying an additional 3,314,851 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in shares of Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company's stock worth $1,281,875,000 after buying an additional 3,748,126 shares in the last quarter. Finally, Deutsche Bank AG grew its position in shares of Williams Companies by 1.2% during the 4th quarter. Deutsche Bank AG now owns 20,036,698 shares of the pipeline company's stock worth $1,204,406,000 after buying an additional 239,732 shares during the period. Institutional investors and hedge funds own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on WMB. Weiss Ratings reiterated a "buy (b)" rating on shares of Williams Companies in a research note on Wednesday, June 24th. UBS Group reissued a "buy" rating on shares of Williams Companies in a research note on Tuesday, July 14th. Jefferies Financial Group reduced their price target on shares of Williams Companies from $87.00 to $85.00 and set a "buy" rating for the company in a report on Wednesday, July 1st. Royal Bank Of Canada upped their price objective on shares of Williams Companies from $83.00 to $87.00 and gave the company an "outperform" rating in a report on Monday, August 10th. Finally, Scotiabank raised their target price on Williams Companies from $85.00 to $86.00 and gave the company a "sector outperform" rating in a research note on Tuesday, May 12th. Three investment 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $85.60.

Williams Companies Price Performance

WMB stock opened at $74.19 on Friday. The company has a market capitalization of $90.75 billion, a P/E ratio of 29.56, a price-to-earnings-growth ratio of 1.55 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The business has a 50-day simple moving average of $73.44 and a two-hundred day simple moving average of $73.33.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts' consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the company posted $0.46 EPS. The company's revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts expect that Williams Companies, Inc. will post 2.45 EPS for the current fiscal year.

Williams Companies Announces Dividend

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 given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies's dividend payout ratio is presently 83.67%.

Insiders Place Their Bets

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 transaction, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last quarter, insiders sold 17,000 shares of company stock worth $1,262,930. 0.47% of the stock is currently owned by company insiders.

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.

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