Williams Companies (NYSE:WMB) SVP Sells $135,700.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $67.85, for a total transaction of $135,700.00. Following the completion of the transaction, the senior vice president owned 262,259 shares in the company, valued at approximately $17,794,273.15. This represents a 0.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Tuesday, September 1st, Terrance Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00.
• On Friday, August 14th, Terrance Wilson sold 13,000 shares of Williams Companies stock. The shares were sold at an average price of $74.87, for a total value of $973,310.00.
• On Monday, August 3rd, Terrance Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $70.65, for a total value of $141,300.00.

Williams Companies Trading Down 0.1%

WMB opened at $70.47 on Monday. Williams Companies, Inc. has a 52 week low of $56.19 and a 52 week high of $80.07. The business has a fifty day simple moving average of $72.14 and a 200-day simple moving average of $73.15. The firm has a market cap of $86.19 billion, a P/E ratio of 28.07, a P/E/G ratio of 1.49 and a beta of 0.64. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter in the previous year, the business earned $0.46 EPS. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts expect that Williams Companies, Inc. will post 2.41 earnings per share for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Friday, September 11th were given a dividend of $0.5250 per share. This represents a $2.10 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Friday, September 11th. Williams Companies’s dividend payout ratio is currently 83.67%.

Institutional Investors Weigh In On Williams Companies

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE purchased a new position in Williams Companies in the second quarter valued at $3,320,606,000. Wellington Management Group LLP raised its stake in Williams Companies by 43.4% in the second quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company’s stock valued at $2,460,446,000 after buying an additional 10,013,946 shares in the last quarter. Legal & General Group Plc purchased a new stake in Williams Companies during the 2nd quarter worth about $596,077,000. Kayne Anderson Capital Advisors LP acquired a new position in shares of Williams Companies during the 2nd quarter worth about $500,305,000. Finally, Massachusetts Financial Services Co. MA purchased a new position in shares of Williams Companies in the 2nd quarter valued at about $354,184,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on WMB shares. Truist Financial raised their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Capital One Financial initiated coverage on shares of Williams Companies in a report on Tuesday, September 22nd. They set an “overweight” rating and a $92.00 target price on the stock. Wall Street Zen cut shares of Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Stifel Nicolaus assumed coverage on Williams Companies in a research report on Thursday, September 10th. They set a “buy” rating and a $85.00 price objective on the stock. Finally, Royal Bank Of Canada increased their price objective on Williams Companies from $83.00 to $87.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $86.35.

About Williams Companies

Williams Companies, Inc is an energy infrastructure company focused primarily on the gathering, processing, storage and transportation of natural gas and natural gas liquids. Through its extensive network of pipelines and related facilities, the company connects major U.S. producing regions with utilities, industrial customers, power generators and other energy markets.

Williams’ principal assets include the Transco interstate natural gas pipeline, which serves markets along the U.S. East Coast, as well as gathering and processing operations in regions such as the Appalachian Basin, the Rocky Mountains and the Western United States.