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

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the transaction, the senior vice president directly owned 283,159 shares of the company’s stock, valued at $20,999,071.44. The trade was a 0.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 stock was sold at an average price of $76.35, for a total value of $152,700.00.

Williams Companies Trading Down 0.1%

Shares of WMB traded down $0.06 during mid-day trading on Thursday, hitting $72.71. 675,999 shares of the company’s stock traded hands, compared to its average volume of 7,051,678. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The firm has a market capitalization of $88.81 billion, a P/E ratio of 31.86, a PEG ratio of 1.81 and a beta of 0.57. The business’s 50-day moving average price is $74.01 and its 200-day moving average price is $70.11. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The company had revenue of $3.03 billion during the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm’s revenue was down .6% on a year-over-year basis. During the same quarter last year, the firm posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 29th. Shareholders of record on Friday, June 12th were issued a $0.525 dividend. The ex-dividend date was Friday, June 12th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio is 92.11%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on WMB. Truist Financial assumed coverage on shares of Williams Companies in a research note on Tuesday, March 24th. They set a “buy” rating and a $84.00 target price on the stock. Canadian Imperial Bank of Commerce raised their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. The Goldman Sachs Group raised Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective on the stock in a research report on Monday, April 20th. Scotiabank upped their target price on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Four analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies has an average rating of “Buy” and an average price target of $82.94.

Institutional Trading of Williams Companies

Several institutional investors have recently bought and sold shares of the company. Main Street Group LTD bought a new stake in Williams Companies during the 1st quarter valued at about $26,000. Frazier Financial Advisors LLC lifted its stake in shares of Williams Companies by 59.4% in the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock worth $30,000 after buying an additional 155 shares in the last quarter. Towne Trust Company N.A lifted its stake in shares of Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after buying an additional 162 shares in the last quarter. Motiv8 Investments LLC purchased a new stake in shares of Williams Companies during the fourth quarter valued at approximately $27,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Williams Companies by 102.5% during the first quarter. Cornerstone Planning Group LLC now owns 480 shares of the pipeline company’s stock valued at $37,000 after buying an additional 243 shares during the last quarter. 86.44% of the stock is 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.