Fideuram Intesa Sanpaolo Private Banking S.P.A. Lowers Holdings in Williams Companies, Inc. (The) $WMB

Fideuram Intesa Sanpaolo Private Banking S.P.A. lowered its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 87.3% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 47,922 shares of the pipeline company’s stock after selling 328,801 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Williams Companies were worth $3,488,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fort Washington Investment Advisors Inc. OH purchased a new stake in Williams Companies during the fourth quarter worth $4,627,000. Gabelli Funds LLC increased its holdings in Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after acquiring an additional 17,900 shares in the last quarter. Stephens Inc. AR raised its position in Williams Companies by 8.9% during the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after acquiring an additional 13,438 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Williams Companies by 21.0% in the fourth quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock valued at $125,839,000 after purchasing an additional 365,546 shares in the last quarter. Finally, SIR Capital Management L.P. lifted its holdings in shares of Williams Companies by 40.0% in the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after purchasing an additional 150,032 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Trading Down 0.1%

NYSE WMB opened at $73.09 on Friday. The company has a 50-day moving average of $74.10 and a 200-day moving average of $70.23. 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 12 month low of $55.82 and a 12 month high of $80.07. The company has a market cap of $89.28 billion, a P/E ratio of 32.06, a P/E/G ratio of 1.79 and a beta of 0.57.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same period in the previous year, the firm earned $0.60 earnings per share. Williams Companies’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. As a group, equities analysts predict that Williams Companies, Inc. will post 2.44 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were issued a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Analysts Set New Price Targets

Several research firms have weighed in on WMB. TD Cowen raised their price target on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday. Canadian Imperial Bank of Commerce raised their price target on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Finally, Scotiabank lifted their price target on shares of Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Four research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $82.94.

Insider Transactions at Williams Companies

In other Williams Companies news, COO Larry C. Larsen sold 12,000 shares of the company’s stock in a transaction dated 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 sale, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This represents a 10.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO John Dean Porter sold 50,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 196,567 shares in the company, valued at approximately $14,815,254.79. This trade represents a 20.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 68,500 shares of company stock worth $5,182,655 in the last three months. 0.47% of the stock is currently owned by 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.