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

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $71.75, for a total transaction of $143,500.00. Following the completion of the transaction, the senior vice president directly owned 289,159 shares of the company’s stock, valued at approximately $20,747,158.25. This represents a 0.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

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

• On Monday, March 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $75.24, for a total transaction of $150,480.00.
• On Tuesday, February 24th, Terrance Lane Wilson sold 27,000 shares of Williams Companies stock. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00.
• On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $66.39, for a total value of $132,780.00.

Williams Companies Stock Performance

WMB traded up $0.13 on Thursday, reaching $71.96. 2,083,501 shares of the stock were exchanged, compared to its average volume of 7,319,143. The company’s 50-day moving average price is $71.53 and its 200 day moving average price is $64.43. Williams Companies, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $76.87. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.53 and a quick ratio of 0.48. The firm has a market capitalization of $87.90 billion, a PE ratio of 33.63, a PEG ratio of 1.25 and a beta of 0.63.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The firm had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the prior year, the company posted $0.47 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 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, March 13th were given a dividend of $0.525 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a yield of 2.9%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s payout ratio is 98.13%.

Analyst Ratings Changes

A number of research firms have recently weighed in on WMB. Wells Fargo & Company increased their price objective on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research note on Friday, March 13th. Wall Street Zen lowered shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, March 28th. 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 on the stock. Jefferies Financial Group lifted their price objective on Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, UBS Group upped their target price on Williams Companies from $78.00 to $89.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $77.07.

Hedge Funds Weigh In On Williams Companies

Several large investors have recently made changes to their positions in WMB. Towne Trust Company N.A grew its holdings in Williams Companies by 60.2% in the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares during the period. Motiv8 Investments LLC purchased a new position in shares of Williams Companies during the 4th quarter valued at approximately $27,000. Clearstead Trust LLC lifted its position in shares of Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Williams Companies in the 4th quarter valued at $29,000. Finally, WHI TRUST Co LLC acquired a new stake in Williams Companies in the 4th quarter valued at $30,000. 86.44% of the stock is currently owned by institutional investors and hedge funds.

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.