Terrance Lane Wilson Sells 2,000 Shares of Williams Companies (NYSE:WMB) Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $75.24, for a total transaction of $150,480.00. Following the transaction, the senior vice president owned 291,159 shares of the company’s stock, valued at $21,906,803.16. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Tuesday, February 24th, Terrance Lane Wilson sold 27,000 shares of Williams Companies stock. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00.
• On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were 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 stock was sold at an average price of $61.90, for a total transaction of $123,800.00.

Williams Companies Price Performance

WMB stock opened at $75.76 on Thursday. The stock’s 50 day moving average price is $66.35 and its 200 day moving average price is $62.19. The firm has a market cap of $92.54 billion, a P/E ratio of 35.40, a PEG ratio of 1.32 and a beta of 0.63. 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 1 year low of $51.58 and a 1 year high of $76.87.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share 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 analysts’ expectations 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 previous year, the business posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be issued a $0.525 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.50. The ex-dividend date is Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. Williams Companies’s payout ratio is currently 93.46%.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Norges Bank acquired a new stake in Williams Companies during the fourth quarter worth about $747,749,000. BROOKFIELD Corp ON lifted its stake in shares of Williams Companies by 190.3% in the 2nd 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 in the last quarter. Wellington Management Group LLP grew its holdings in shares of Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after purchasing an additional 6,668,950 shares during the period. Clearbridge Investments LLC increased its position in Williams Companies by 21.3% during the 4th quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock worth $1,281,875,000 after purchasing an additional 3,748,126 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Williams Companies by 4,992.2% in the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after buying an additional 3,631,986 shares during the period. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Scotiabank raised shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $66.00 to $84.00 in a research note on Friday, February 13th. Tudor Pickering raised Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 1st. TD Cowen raised their price objective on Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, November 6th. Stifel Nicolaus upped their target price on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. Finally, Wells Fargo & Company increased their target price on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $75.86.

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.