Insider Selling: Williams Companies (NYSE:WMB) SVP Sells $123,800.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total value of $123,800.00. Following the sale, the senior vice president directly owned 297,545 shares of the company’s stock, valued at approximately $18,418,035.50. The trade was a 0.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• 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 value of $242,120.00.

Williams Companies Stock Down 1.9%

WMB stock opened at $59.77 on Friday. Williams Companies, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $65.55. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The stock has a market capitalization of $72.99 billion, a price-to-earnings ratio of 30.81, a PEG ratio of 1.60 and a beta of 0.62. The business’s fifty day moving average price is $60.51 and its two-hundred day moving average price is $59.72.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.51 by ($0.02). Williams Companies had a net margin of 20.61% and a return on equity of 16.74%. The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same quarter last year, the company posted $0.43 earnings per share. The company’s revenue was up 10.2% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be issued a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.00 annualized dividend and a dividend yield of 3.3%. Williams Companies’s dividend payout ratio (DPR) is currently 103.09%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Flaharty Asset Management LLC acquired a new stake in shares of Williams Companies in the 1st quarter valued at approximately $25,000. Saudi Central Bank bought a new position in Williams Companies in the 1st quarter valued at approximately $29,000. Private Wealth Management Group LLC grew its stake in shares of Williams Companies by 104.8% during the second quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after buying an additional 240 shares during the last quarter. Hartford Funds Management Co LLC acquired a new position in shares of Williams Companies during the second quarter worth $29,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of Williams Companies in the 2nd quarter valued at $32,000. Institutional investors own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on WMB. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a research report on Monday, December 8th. UBS Group increased their target price on Williams Companies from $74.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, September 30th. BMO Capital Markets dropped their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research note on Wednesday, November 5th. Morgan Stanley increased their price objective on shares of Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Finally, Tudor Pickering upgraded shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.21.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.