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

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $66.39, for a total transaction of $132,780.00. Following the completion of the transaction, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• 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 value of $123,800.00.
• On Wednesday, November 12th, Terrance Lane Wilson sold 4,000 shares of Williams Companies stock. The stock was sold at an average price of $60.53, for a total transaction of $242,120.00.

Williams Companies Price Performance

Shares of WMB traded up $2.11 during mid-day trading on Tuesday, hitting $68.45. 6,988,107 shares of the company traded hands, compared to its average volume of 7,187,026. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $83.60 billion, a price-to-earnings ratio of 35.29, a PEG ratio of 1.57 and a beta of 0.64. The business has a 50-day moving average of $61.29 and a 200 day moving average of $60.14. Williams Companies, Inc. has a one year low of $51.58 and a one year high of $68.70.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The firm had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter in the previous year, the business earned $0.43 earnings per share. Williams Companies’s revenue for the quarter was up 10.2% compared to the same quarter last year. As a group, equities analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, March 13th will be given a $0.525 dividend. The ex-dividend date is Friday, March 13th. This represents a $2.10 annualized dividend and a dividend yield of 3.1%. This is an increase from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s dividend payout ratio is 108.25%.

Analyst Ratings Changes

A number of brokerages have issued reports on WMB. Mizuho upgraded Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. TD Cowen lifted their price objective on shares of Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Jefferies Financial Group upped their target price on shares of Williams Companies from $71.00 to $76.00 and gave the company a “buy” rating in a research note on Tuesday. BMO Capital Markets reduced their price target on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 5th. Finally, Barclays upped their price objective on shares of Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.64.

Institutional Trading of Williams Companies

Institutional investors have recently modified their holdings of the company. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in Williams Companies by 39.4% in the 4th quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 12,461 shares of the pipeline company’s stock valued at $749,000 after buying an additional 3,522 shares during the last quarter. Koshinski Asset Management Inc. boosted its position in Williams Companies by 25.5% during the 4th quarter. Koshinski Asset Management Inc. now owns 6,959 shares of the pipeline company’s stock worth $418,000 after acquiring an additional 1,415 shares during the last quarter. Generali Asset Management SPA SGR grew its stake in shares of Williams Companies by 2.7% during the 4th quarter. Generali Asset Management SPA SGR now owns 122,599 shares of the pipeline company’s stock worth $7,369,000 after acquiring an additional 3,200 shares in the last quarter. MGO One Seven LLC raised its holdings in shares of Williams Companies by 5.2% in the fourth quarter. MGO One Seven LLC now owns 61,438 shares of the pipeline company’s stock valued at $3,693,000 after purchasing an additional 3,062 shares during the last quarter. Finally, Gateway Investment Advisers LLC lifted its position in shares of Williams Companies by 33.6% in the fourth quarter. Gateway Investment Advisers LLC now owns 5,595 shares of the pipeline company’s stock worth $336,000 after purchasing an additional 1,407 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors.

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.