Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires New Shares in Williams Companies, Inc. (The) $WMB

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Williams Companies, Inc. (The) (NYSE:WMB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 376,723 shares of the pipeline company’s stock, valued at approximately $22,645,000. Williams Companies accounts for 0.8% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings, making the stock its 23rd biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. lifted its stake in shares of Williams Companies by 3.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock valued at $287,644,000 after purchasing an additional 134,777 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in Williams Companies by 9.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock valued at $11,664,000 after buying an additional 16,027 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new stake in Williams Companies in the 4th quarter valued at about $4,627,000. Compass Wealth Management LLC increased its position in Williams Companies by 75.9% in the 3rd quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock valued at $7,937,000 after buying an additional 54,057 shares in the last quarter. Finally, Atlantic Union Bankshares Corp increased its position in Williams Companies by 3,344.8% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 17,465 shares of the pipeline company’s stock valued at $1,106,000 after buying an additional 16,958 shares in the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO John Dean Porter sold 50,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $75.37, for a total value of $3,768,500.00. Following the transaction, the chief financial officer owned 196,567 shares in the company, valued at approximately $14,815,254.79. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $74.91, for a total value of $757,115.37. Following the completion of the transaction, the chief accounting officer owned 17,230 shares in the company, valued at approximately $1,290,699.30. The trade was a 36.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 117,869 shares of company stock valued at $8,814,067 in the last quarter. 0.47% of the stock is currently owned by company insiders.

Williams Companies Price Performance

Shares of NYSE WMB opened at $79.32 on Wednesday. Williams Companies, Inc. has a twelve month low of $55.82 and a twelve month high of $79.59. The stock’s 50 day moving average price is $73.39 and its 200-day moving average price is $67.09. The company has a market capitalization of $96.89 billion, a PE ratio of 34.79, a PEG ratio of 1.32 and a beta of 0.61. 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 announced 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. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the business earned $0.60 EPS. The company’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, equities analysts anticipate that Williams Companies, Inc. will post 2.37 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.6%. Williams Companies’s dividend payout ratio is presently 92.11%.

Analysts Set New Price Targets

A number of brokerages recently commented on WMB. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a research report on Monday, April 20th. TD Cowen boosted their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Finally, Morgan Stanley boosted their price objective on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. Four research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Williams Companies presently has an average rating of “Buy” and an average price target of $80.47.

Williams Companies Profile

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.