Insider Selling: Williams Companies (NYSE:WMB) SVP Sells 2,500 Shares of Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Glen Jasek sold 2,500 shares of Williams Companies stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president directly owned 54,101 shares of the company’s stock, valued at $4,227,993.15. The trade was a 4.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Williams Companies Stock Performance

WMB traded down $0.11 on Monday, reaching $77.61. The stock had a trading volume of 2,397,118 shares, compared to its average volume of 6,920,833. Williams Companies, Inc. has a 12-month low of $55.82 and a 12-month high of $78.31. 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 business’s 50-day moving average price is $73.23 and its two-hundred day moving average price is $66.79. The company has a market cap of $94.81 billion, a P/E ratio of 34.04, a price-to-earnings-growth ratio of 1.32 and a beta of 0.61.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.37 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be given a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.7%. Williams Companies’s payout ratio is 92.11%.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Zacks Research upgraded Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Wall Street Zen upgraded Williams Companies from a “sell” rating to a “hold” rating in a research report on Sunday, April 5th. The Goldman Sachs Group upgraded Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Monday, April 20th. Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research report on Friday, May 8th. Finally, Truist Financial initiated coverage on Williams Companies in a research report on Tuesday, March 24th. They set a “buy” rating and a $84.00 price target for the company. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $80.47.

Institutional Trading of Williams Companies

Several large investors have recently added to or reduced their stakes in the stock. Electron Capital Partners LLC grew its holdings in Williams Companies by 0.4% in the 1st quarter. Electron Capital Partners LLC now owns 1,089,869 shares of the pipeline company’s stock valued at $79,321,000 after buying an additional 3,984 shares in the last quarter. Empowered Funds LLC grew its holdings in Williams Companies by 58.8% in the 1st quarter. Empowered Funds LLC now owns 179,321 shares of the pipeline company’s stock valued at $13,051,000 after buying an additional 66,415 shares in the last quarter. Energy Income Partners LLC grew its holdings in Williams Companies by 0.9% in the 1st quarter. Energy Income Partners LLC now owns 1,458,462 shares of the pipeline company’s stock valued at $106,147,000 after buying an additional 13,577 shares in the last quarter. Evelyn Partners Investment Management Services Ltd grew its holdings in Williams Companies by 33.8% in the 1st quarter. Evelyn Partners Investment Management Services Ltd now owns 3,095 shares of the pipeline company’s stock valued at $225,000 after buying an additional 781 shares in the last quarter. Finally, Infrastructure Capital Advisors LLC grew its holdings in Williams Companies by 12.1% in the 1st quarter. Infrastructure Capital Advisors LLC now owns 302,076 shares of the pipeline company’s stock valued at $21,985,000 after buying an additional 32,608 shares in the last quarter. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

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.