Williams Companies (NYSE:WMB) SVP Terrance Lane Wilson Sells 27,000 Shares

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00. Following the completion of the transaction, the senior vice president directly owned 293,159 shares of the company’s stock, valued at approximately $21,377,154.28. This represents a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $66.39, for a total transaction of $132,780.00.
• On Tuesday, December 9th, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $61.90, for a total transaction of $123,800.00.

Williams Companies Stock Performance

Shares of WMB stock traded up $0.64 during trading hours on Thursday, hitting $74.61. 900,881 shares of the company were exchanged, compared to its average volume of 7,644,620. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $91.12 billion, a price-to-earnings ratio of 34.88, a P/E/G ratio of 1.31 and a beta of 0.65. The firm has a fifty day simple moving average of $64.70 and a 200 day simple moving average of $61.57. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $74.72.

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

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, March 13th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. Williams Companies’s dividend payout ratio (DPR) is 93.46%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Towne Trust Company N.A raised its stake in shares of Williams Companies by 60.2% during the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Motiv8 Investments LLC acquired a new stake in shares of Williams Companies in the 4th quarter worth $27,000. Hartford Funds Management Co LLC purchased a new position in Williams Companies during the 2nd quarter worth $29,000. Clearstead Trust LLC increased its position in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new stake in Williams Companies in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on WMB shares. UBS Group boosted their price objective on shares of Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. BMO Capital Markets reduced their price objective on Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 5th. Wells Fargo & Company boosted their target price on Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a research note on Wednesday, February 11th. TD Cowen raised their price target on Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Finally, Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $75.36.

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.