Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total value of $151,120.00. Following the completion of the transaction, the senior vice president directly owned 264,259 shares in the company, valued at approximately $19,967,410.04. The trade was a 0.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.
Terrance Lane Wilson also recently made the following trade(s):
- On Friday, August 14th, Terrance Lane Wilson sold 13,000 shares of Williams Companies stock. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00.
- On Monday, August 3rd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $70.65, for a total transaction of $141,300.00.
- On Wednesday, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00.
Williams Companies Stock Performance
WMB traded down $0.10 during trading on Wednesday, reaching $75.13. The company’s stock had a trading volume of 3,168,942 shares, compared to its average volume of 6,990,791. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The company’s fifty day moving average price is $73.45 and its 200-day moving average price is $73.44. Williams Companies, Inc. has a 52-week low of $56.08 and a 52-week high of $80.07. The company has a market capitalization of $91.89 billion, a price-to-earnings ratio of 29.94, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.
Williams Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is currently 83.67%.
Analyst Upgrades and Downgrades
WMB has been the topic of several recent analyst reports. Wells Fargo & Company upped their target price on shares of Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Canadian Imperial Bank of Commerce upped their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a report on Tuesday, May 26th. Barclays raised their price objective on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 8th. Finally, Scotiabank boosted their target price on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, May 12th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $85.60.
Get Our Latest Report on Williams Companies
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its position in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Williams Companies by 5.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after purchasing an additional 242 shares during the period. Treasurer of the State of North Carolina lifted its stake in shares of Williams Companies by 2.1% during the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares during the period. Main Street Financial Solutions LLC boosted its holdings in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock worth $644,000 after purchasing an additional 296 shares during the last quarter. Finally, Ieq Capital LLC grew its position in shares of Williams Companies by 160.1% in the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after purchasing an additional 101,574 shares during the period. 86.44% of the stock is currently owned by hedge funds and other 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.
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