Fifth Third Bancorp Purchases 19,754 Shares of Williams Companies, Inc. (The) $WMB

Fifth Third Bancorp lifted its position in shares of Williams Companies, Inc. (The) (NYSE:WMB) by 6.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 309,561 shares of the pipeline company’s stock after acquiring an additional 19,754 shares during the period. Fifth Third Bancorp’s holdings in Williams Companies were worth $19,611,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Norges Bank bought a new stake in Williams Companies during the second quarter worth $765,164,000. BROOKFIELD Corp ON raised its holdings in shares of Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after buying an additional 7,884,730 shares in the last quarter. Invesco Ltd. lifted its position in shares of Williams Companies by 27.3% during the 2nd quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company’s stock worth $905,583,000 after buying an additional 3,089,390 shares during the last quarter. Artisan Partners Limited Partnership boosted its stake in Williams Companies by 39.0% in the second quarter. Artisan Partners Limited Partnership now owns 6,954,733 shares of the pipeline company’s stock valued at $436,827,000 after buying an additional 1,950,485 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in Williams Companies by 1.5% in the second quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company’s stock valued at $8,358,462,000 after buying an additional 1,912,156 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Price Performance

Shares of NYSE:WMB opened at $72.29 on Tuesday. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. Williams Companies, Inc. has a 52 week low of $51.58 and a 52 week high of $72.63. The firm has a market cap of $88.28 billion, a PE ratio of 33.78, a price-to-earnings-growth ratio of 1.30 and a beta of 0.65. The firm’s fifty day moving average is $62.90 and its 200-day moving average is $60.91.

Williams Companies (NYSE:WMB) last announced its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by ($0.02). The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same period in the prior year, the business earned $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be issued a $0.525 dividend. The ex-dividend date is Friday, March 13th. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is currently 93.46%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Royal Bank Of Canada boosted their target price on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 11th. Mizuho raised shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Stifel Nicolaus increased their price objective on shares of Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday. Scotiabank upgraded shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $66.00 to $84.00 in a research report on Friday. Finally, Wells Fargo & Company upped their price target on shares of Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.21.

Insiders Place Their Bets

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $66.39, for a total value of $132,780.00. Following the transaction, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. The trade was a 0.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.44% of the company’s stock.

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.