Fiduciary Alliance LLC Has $1.51 Million Stake in Williams Companies, Inc. (The) $WMB

Fiduciary Alliance LLC raised its position in Williams Companies, Inc. (The) (NYSE:WMB) by 70.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 21,346 shares of the pipeline company’s stock after buying an additional 8,801 shares during the quarter. Fiduciary Alliance LLC’s holdings in Williams Companies were worth $1,510,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its stake in Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after purchasing an additional 883,245 shares during the last quarter. State Street Corp increased its stake in shares of Williams Companies by 1.9% in the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock valued at $4,086,344,000 after purchasing an additional 1,296,991 shares during the last quarter. Wellington Management Group LLP increased its stake 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 during the last quarter. Bank of America Corp DE raised its holdings in shares of Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock worth $2,768,298,000 after buying an additional 2,100,164 shares in the last quarter. Finally, Morgan Stanley raised its holdings in shares of Williams Companies by 11.0% during the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after buying an additional 3,314,851 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Canadian Imperial Bank of Commerce raised their price objective on Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a research note on Tuesday, May 26th. Royal Bank Of Canada boosted their target price on Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Wells Fargo & Company raised their price target on shares of Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. Finally, Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $82.40.

Insider Buying and Selling

In other news, SVP Glen G. Jasek sold 2,500 shares of the firm’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president directly owned 54,101 shares in the company, valued at $4,227,993.15. This trade represents a 4.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO John Dean Porter sold 50,000 shares of Williams Companies 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 completion of the transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 68,500 shares of company stock worth $5,177,835. Corporate insiders own 0.47% of the company’s stock.

Williams Companies Trading Up 2.1%

Shares of NYSE WMB opened at $77.43 on Friday. The firm has a 50 day moving average price of $73.68 and a two-hundred day moving average price of $69.72. The stock has a market cap of $94.59 billion, a P/E ratio of 33.96, a price-to-earnings-growth ratio of 1.85 and a beta of 0.58. Williams Companies, Inc. has a 52-week low of $55.82 and a 52-week high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83.

Williams Companies (NYSE:WMB) last issued its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping 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 company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. During the same quarter in the previous year, the business 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 forecast that Williams Companies, Inc. will post 2.44 EPS for the current year.

Williams Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.7%. Williams Companies’s payout ratio is presently 92.11%.

Williams Companies Company 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.