Williams Companies (NYSE:WMB) SVP Terrance Lane Wilson Sells 4,000 Shares

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 4,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total value of $242,120.00. Following the completion of the sale, the senior vice president directly owned 302,645 shares in the company, valued at approximately $18,319,101.85. The trade was a 1.30% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Thursday, September 4th, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $57.62, for a total value of $115,240.00.

Williams Companies Price Performance

Shares of NYSE:WMB traded down $0.91 on Thursday, hitting $59.52. The company had a trading volume of 6,078,477 shares, compared to its average volume of 7,542,193. The company has a current ratio of 0.54, a quick ratio of 0.48 and a debt-to-equity ratio of 1.73. The company has a market cap of $72.69 billion, a PE ratio of 29.91, a PEG ratio of 1.91 and a beta of 0.63. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $65.55. The business has a 50 day moving average of $60.55 and a 200 day moving average of $59.44.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The company had revenue of $2.92 billion for the quarter, compared to analysts’ expectations of $2.87 billion. During the same quarter in the prior year, the business posted $0.43 EPS. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be given a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Friday, December 12th. Williams Companies’s payout ratio is currently 103.09%.

Institutional Trading of Williams Companies

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on WMB. TD Cowen raised their target price on shares of Williams Companies from $69.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Tuesday. Cibc World Mkts upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 15th. Morgan Stanley raised their price target on Williams Companies from $70.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, October 2nd. Finally, Citigroup upped their price objective on shares of Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday. Two research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Williams Companies currently has a consensus rating of “Moderate Buy” and a consensus price target 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.