Williams Companies (NYSE:WMB) SVP Sells $973,310.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Terrance Lane Wilson also recently made the following trade(s):

• On Monday, August 3rd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $70.65, for a total value of $141,300.00.
• On Wednesday, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $74.16, for a total value of $148,320.00.

Williams Companies Trading Down 2.5%

Shares of NYSE:WMB opened at $73.25 on Thursday. Williams Companies, Inc. has a 1 year low of $56.08 and a 1 year high of $80.07. The stock’s fifty day moving average price is $73.40 and its 200-day moving average price is $73.11. The company has a market cap of $89.60 billion, a P/E ratio of 29.18, a PEG ratio of 1.52 and a beta of 0.58. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. The business had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Sell-side analysts expect that Williams Companies, Inc. will post 2.52 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is 83.67%.

Hedge Funds Weigh In On Williams Companies

Several institutional investors and hedge funds have recently bought and sold shares of WMB. Northwestern Mutual Wealth Management Co. raised its stake in shares of Williams Companies by 21.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 111,133 shares of the pipeline company’s stock worth $8,262,000 after buying an additional 19,857 shares during the period. Wedbush Securities Inc. grew its stake in shares of Williams Companies by 17.0% during the 2nd quarter. Wedbush Securities Inc. now owns 27,177 shares of the pipeline company’s stock valued at $2,020,000 after acquiring an additional 3,944 shares during the period. Greenleaf Trust increased its holdings in Williams Companies by 3.9% in the 2nd quarter. Greenleaf Trust now owns 24,238 shares of the pipeline company’s stock worth $1,802,000 after acquiring an additional 902 shares in the last quarter. New Mexico Educational Retirement Board increased its holdings in Williams Companies by 7.8% in the 2nd quarter. New Mexico Educational Retirement Board now owns 60,828 shares of the pipeline company’s stock worth $4,522,000 after acquiring an additional 4,400 shares in the last quarter. Finally, Mufg Securities Americas Inc. raised its stake in Williams Companies by 9.0% during the 2nd quarter. Mufg Securities Americas Inc. now owns 36,835 shares of the pipeline company’s stock worth $2,738,000 after acquiring an additional 3,043 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have commented on WMB. Truist Financial lifted their target price on shares of Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. increased their price target on Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. The Goldman Sachs Group restated a “buy” rating and issued a $82.00 price target on shares of Williams Companies in a research note on Tuesday, July 14th. Stifel Nicolaus lifted their price objective on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen downgraded Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Williams Companies presently has an average rating of “Buy” and a consensus target price of $85.60.

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.