Williams Companies, Inc. (The) $WMB Shares Bought by Fidelis Capital Partners LLC

Fidelis Capital Partners LLC grew its holdings in Williams Companies, Inc. (The) (NYSE:WMB) by 120.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 148,150 shares of the pipeline company’s stock after buying an additional 80,902 shares during the quarter. Fidelis Capital Partners LLC’s holdings in Williams Companies were worth $8,905,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of WMB. Vanguard Group Inc. lifted its holdings in 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 acquiring an additional 883,245 shares during the period. Wellington Management Group LLP increased its holdings in shares of Williams Companies by 15.9% in the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock valued at $3,077,942,000 after purchasing an additional 6,668,950 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Williams Companies by 1.1% in the third quarter. Invesco Ltd. now owns 14,575,898 shares of the pipeline company’s stock valued at $923,383,000 after purchasing an additional 158,077 shares during the period. BROOKFIELD Corp ON lifted its stake in shares of Williams Companies by 190.3% in the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the period. Finally, Legal & General Group Plc boosted its holdings in 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 worth $599,766,000 after buying an additional 228,927 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on WMB. Canadian Imperial Bank of Commerce increased their target price on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday. Royal Bank Of Canada lifted their price objective on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a report on Thursday, May 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Friday, March 27th. Citigroup upped their price target on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. Finally, The Goldman Sachs Group upgraded Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price on the stock in a report on Monday, April 20th. Four investment 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 company. According to data from MarketBeat.com, Williams Companies presently has an average rating of “Buy” and an average price target of $82.40.

Insider Activity

In other Williams Companies news, CFO John Dean Porter sold 50,000 shares of the stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $75.37, for a total transaction of $3,768,500.00. Following the transaction, the chief financial officer owned 196,567 shares of the company’s stock, valued at $14,815,254.79. This trade represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Glen G. Jasek sold 2,500 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the sale, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. The trade was a 4.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 80,762 shares of company stock valued at $6,088,112 in the last ninety days. 0.47% of the stock is owned by company insiders.

Williams Companies Trading Down 2.7%

Shares of WMB opened at $74.30 on Thursday. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The stock has a fifty day moving average of $73.80 and a two-hundred day moving average of $67.91. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The company has a market capitalization of $90.76 billion, a PE ratio of 32.59, a price-to-earnings-growth ratio of 1.27 and a beta of 0.61.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating 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 business had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. During the same quarter in the previous year, the business earned $0.60 earnings per share. The business’s revenue for the quarter was down .6% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, analysts forecast that Williams Companies, Inc. will post 2.43 EPS for the current year.

Williams Companies Dividend Announcement

The business 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 $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Friday, June 12th. Williams Companies’s payout ratio is presently 92.11%.

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.