Fideuram Asset Management Ireland dac Acquires Shares of 32,435 Williams Companies, Inc. (The) $WMB

Fideuram Asset Management Ireland dac acquired a new stake in Williams Companies, Inc. (The) (NYSE:WMB) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 32,435 shares of the pipeline company’s stock, valued at approximately $1,915,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in WMB. Vanguard Group Inc. lifted its stake in shares of Williams Companies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares during the period. Wellington Management Group LLP raised its holdings in Williams Companies by 15.9% in the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after buying an additional 6,668,950 shares during the last quarter. Invesco Ltd. raised its holdings in Williams Companies by 1.1% in the third quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock worth $923,383,000 after buying an additional 158,077 shares during the last quarter. BROOKFIELD Corp ON raised its holdings in Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in Williams Companies by 2.3% in the fourth quarter. Legal & General Group Plc now owns 9,977,801 shares of the pipeline company’s stock worth $599,766,000 after buying an additional 228,927 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Jefferies Financial Group upped their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, April 10th. Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Scotiabank upped their target price on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Finally, Citigroup upped their target price on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $82.40.

Williams Companies Price Performance

WMB opened at $71.41 on Friday. The stock has a market cap of $87.23 billion, a P/E ratio of 31.32, a PEG ratio of 1.26 and a beta of 0.61. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The business has a fifty day moving average of $73.77 and a 200 day moving average of $68.03. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s revenue was down .6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts anticipate that Williams Companies, Inc. will post 2.46 EPS for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be paid a $0.525 dividend. This represents a $2.10 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio (DPR) is currently 92.11%.

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Payvand Fazel sold 2,898 shares of the firm’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the transaction, the senior vice president owned 31,766 shares of the company’s stock, valued at approximately $2,323,682.90. This trade represents a 8.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total transaction of $917,760.00. Following the completion of the transaction, the chief operating officer directly owned 98,219 shares in the company, valued at approximately $7,511,789.12. The trade was a 10.89% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 80,762 shares of company stock worth $6,088,112. 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.