Fideuram Asset Management Ireland dac Takes $1.92 Million Position in Williams Companies, Inc. (The) $WMB

Key Points

• Fideuram Asset Management Ireland dac opened a new position in Williams Companies during the fourth quarter, buying 32,435 shares worth about $1.92 million.
• Williams Companies reported Q1 earnings of $0.73 per share, beating analyst expectations, though revenue of $3.03 billion came in below estimates. The company also guided FY 2026 EPS to 2.200–2.380.
• The company declared a quarterly dividend of $0.525 per share payable June 29, which equals an annualized yield of about 2.9%. Meanwhile, analysts remain mostly positive, with an average rating of Buy and an average target price of $82.40.

Fideuram Asset Management Ireland dac purchased a new stake in Williams Companies, Inc. (The) (NYSE:WMB - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 32,435 shares of the pipeline company's stock, valued at approximately $1,915,000.

Several other large investors have also recently bought and sold shares of WMB. Vanguard Group Inc. raised its position in shares of Williams Companies by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company's stock valued at $8,052,537,000 after buying an additional 883,245 shares in the last quarter. Wellington Management Group LLP boosted its position 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 valued at $3,077,942,000 after buying an additional 6,668,950 shares in the last quarter. Invesco Ltd. raised its stake in shares of Williams Companies by 1.1% during the third quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company's stock valued at $923,383,000 after acquiring an additional 158,077 shares during the last quarter. BROOKFIELD Corp ON raised its stake in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company's stock valued at $755,490,000 after acquiring an additional 7,884,730 shares during the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Williams Companies by 2.3% during the fourth quarter. Legal & General Group Plc now owns 9,977,801 shares of the pipeline company's stock valued at $599,766,000 after acquiring an additional 228,927 shares during the last quarter. 86.44% of the stock is owned by institutional investors.

Williams Companies Stock Performance

NYSE WMB opened at $71.41 on Friday. The company's 50 day moving average is $73.77 and its 200-day moving average is $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. The firm has a market cap of $87.23 billion, a P/E ratio of 31.32, a price-to-earnings-growth ratio of 1.26 and a beta of 0.61. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last posted its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.10. The business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. Williams Companies's revenue was down .6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts predict that Williams Companies, Inc. will post 2.46 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, June 12th will be issued a dividend of $0.525 per share. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies's dividend payout ratio is 92.11%.

Insider Transactions at Williams Companies

In other news, SVP Todd J. Rinke sold 7,364 shares of the stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $74.39, for a total value of $547,807.96. Following the transaction, the senior vice president owned 26,055 shares of the company's stock, valued at $1,938,231.45. This represents a 22.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Payvand Fazel sold 2,898 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the transaction, the senior vice president directly owned 31,766 shares in the company, valued at $2,323,682.90. The trade was a 8.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 80,762 shares of company stock worth $6,088,112. Company insiders own 0.47% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on WMB. Morgan Stanley lifted their target price on shares of Williams Companies from $90.00 to $98.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 20th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Williams Companies in a research note on Friday, March 27th. Truist Financial initiated coverage on shares of Williams Companies in a report on Tuesday, March 24th. They set a "buy" rating and a $84.00 price objective for the company. Jefferies Financial Group boosted their price target on shares of Williams Companies from $81.00 to $83.00 and gave the stock a "buy" rating in a report on Friday, April 10th. Finally, Wolfe Research upgraded shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Williams Companies has an average rating of "Buy" and an average target price of $82.40.

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.

Want to see what other hedge funds are holding WMB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Williams Companies, Inc. (The) (NYSE:WMB - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.