Williams Companies, Inc. (The) $WMB Shares Acquired by Principal Financial Group Inc.

Principal Financial Group Inc. increased its stake in Williams Companies by 11.6% in the second quarter, acquiring over 207,000 additional shares and bringing its total holdings to approximately 2 million shares valued at $148.7 million. Analysts maintain a "Buy" rating for WMB with an average price target of $85.33, and the company reported strong Q2 revenues of $3.05 billion and earnings per share of $0.50, matching expectations. Williams also declared a quarterly dividend of $0.525 per share, representing a 2.8% annualized yield.