Freemont Management S.A. Purchases 27,600 Shares of Williams Companies, Inc. (The) $WMB

Freemont Management S.A. raised its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 197.1% in the fourth quarter, Holdings Channel reports. The firm owned 41,600 shares of the pipeline company’s stock after acquiring an additional 27,600 shares during the quarter. Freemont Management S.A.’s holdings in Williams Companies were worth $2,501,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its stake in shares of Williams Companies by 3.1% in the third quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after acquiring an additional 134,777 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Williams Companies by 9.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock worth $11,664,000 after acquiring an additional 16,027 shares during the period. Compass Wealth Management LLC boosted its holdings in shares of Williams Companies by 75.9% in the third quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after buying an additional 54,057 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of Williams Companies in the fourth quarter worth approximately $4,627,000. Finally, Atlantic Union Bankshares Corp boosted its holdings in shares of Williams Companies by 3,344.8% in the third quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock worth $1,106,000 after buying an additional 16,958 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Insider Activity

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the sale, the senior vice president owned 287,159 shares in the company, valued at approximately $21,924,589.65. The trade was a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Todd J. Rinke sold 7,364 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $74.39, for a total transaction of $547,807.96. Following the completion of the sale, the senior vice president owned 26,055 shares in the company, valued at $1,938,231.45. This represents a 22.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 103,369 shares of company stock valued at $7,700,932. Company insiders own 0.47% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $75.72 on Thursday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. Williams Companies, Inc. has a 1-year low of $55.82 and a 1-year high of $77.41. The company has a market capitalization of $92.49 billion, a P/E ratio of 33.21, a P/E/G ratio of 1.27 and a beta of 0.61. The firm’s 50 day simple moving average is $73.15 and its two-hundred day simple moving average is $66.51.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The business 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 company’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts expect that Williams Companies, Inc. will post 2.37 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on WMB shares. Truist Financial started coverage on shares of Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective on the stock. Zacks Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Morgan Stanley raised their price objective on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Wall Street Zen raised shares of Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Finally, Citigroup raised their price objective on shares of Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Williams Companies has an average rating of “Buy” and a consensus target price of $80.47.

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.