Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total transaction of $148,320.00. Following the completion of the sale, the senior vice president owned 283,159 shares of the company’s stock, valued at $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Friday, May 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $76.35, for a total value of $152,700.00.
Williams Companies Stock Performance
Shares of NYSE WMB opened at $73.09 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The company has a market capitalization of $89.28 billion, a P/E ratio of 32.06, a P/E/G ratio of 1.78 and a beta of 0.57. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07. The stock has a 50 day moving average of $74.06 and a 200-day moving average of $70.21.
Williams Companies Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were paid a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. Williams Companies’s dividend payout ratio is 92.11%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in WMB. Vanguard Group Inc. boosted its stake in shares of Williams Companies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares in the last quarter. State Street Corp increased its position in Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after purchasing an additional 1,296,991 shares in the last quarter. Wellington Management Group LLP lifted its stake in 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 boosted its position in Williams Companies by 4.8% in the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after buying an additional 2,100,164 shares in the last quarter. Finally, Morgan Stanley grew its stake in shares of Williams Companies by 11.0% during the fourth 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 during the last quarter. Institutional investors own 86.44% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Canadian Imperial Bank of Commerce boosted their price objective on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Jefferies Financial Group dropped their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 target price for the company in a report on Monday, April 20th. Truist Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price target on the stock. Finally, Royal Bank Of Canada raised their price target on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research report on Thursday, May 7th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $82.94.
Get Our Latest Stock Report on Williams Companies
Williams Companies News Roundup
Here are the key news stories impacting Williams Companies this week:
- Positive Sentiment: JPMorgan raised its price target on Williams Companies to $89 from $88 and reiterated an overweight rating, signaling continued upside confidence in the stock. JPMorgan raises WMB price target
- Positive Sentiment: The company announced the appointment of two experienced independent directors, Billy Helms and Robb Turner, which may be viewed as a governance and strategic strength ahead of a potentially large acquisition. Williams appoints new board members
- Positive Sentiment: Williams was highlighted in a dividend-focused article as a “super-safe” income stock, reinforcing its appeal to investors looking for reliable cash flow and yield. Williams dividend stock mention
- Neutral Sentiment: Jefferies trimmed its price target to $85 from $87, but maintained a buy rating, suggesting the firm still sees meaningful upside even with slightly less aggressive expectations. Jefferies lowers WMB price target
- Neutral Sentiment: Williams is reportedly nearing a roughly $5.5 billion acquisition tied to shale basin assets, which could support longer-term growth but also adds execution and integration risk. Williams acquisition report
- Negative Sentiment: SVP Terrance Lane Wilson sold 2,000 shares, a small insider sale that can sometimes be interpreted as a mild cautionary signal, though the transaction was limited in size relative to his holdings. WMB insider sale filing
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.
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