Williams Companies, Inc. (The) (NYSE:WMB) SVP Sells $125,400.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $62.70, for a total value of $125,400.00. Following the sale, the senior vice president directly owned 315,645 shares in the company, valued at $19,790,941.50. This trade represents a 0.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Williams Companies Stock Performance

Williams Companies stock opened at $59.13 on Thursday. Williams Companies, Inc. has a fifty-two week low of $40.41 and a fifty-two week high of $63.45. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40. The stock has a market cap of $72.10 billion, a P/E ratio of 31.62, a price-to-earnings-growth ratio of 4.33 and a beta of 0.65. The firm’s fifty day moving average price is $59.55 and its 200-day moving average price is $57.73.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, May 5th. The pipeline company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.05. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. The business had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.90 billion. During the same quarter in the prior year, the firm earned $0.59 earnings per share. The firm’s revenue was up 10.0% on a year-over-year basis. On average, equities research analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 30th. Stockholders of record on Friday, June 13th were issued a $0.50 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.38%. Williams Companies’s payout ratio is 106.95%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on WMB shares. Wolfe Research raised Williams Companies from an “underperform” rating to a “peer perform” rating in a report on Friday, June 13th. Morgan Stanley raised their price objective on shares of Williams Companies from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Tuesday, March 25th. Wells Fargo & Company upped their target price on shares of Williams Companies from $64.00 to $67.00 and gave the stock an “overweight” rating in a report on Wednesday, May 28th. Barclays raised their price target on shares of Williams Companies from $56.00 to $58.00 and gave the company an “equal weight” rating in a report on Friday, March 21st. Finally, Scotiabank boosted their price target on shares of Williams Companies from $52.00 to $59.00 and gave the company a “sector perform” rating in a research report on Thursday, June 5th. Eight analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, Williams Companies currently has an average rating of “Hold” and a consensus target price of $61.25.

Hedge Funds Weigh In On Williams Companies

Institutional investors and hedge funds have recently made changes to their positions in the business. Brighton Jones LLC grew its stake in shares of Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after buying an additional 3,969 shares during the last quarter. Modera Wealth Management LLC bought a new position in Williams Companies during the 4th quarter worth approximately $262,000. Jones Financial Companies Lllp grew its position in Williams Companies by 22.4% during the 4th quarter. Jones Financial Companies Lllp now owns 42,370 shares of the pipeline company’s stock worth $2,293,000 after acquiring an additional 7,767 shares during the last quarter. SBI Securities Co. Ltd. purchased a new position in Williams Companies in the 4th quarter worth approximately $464,000. Finally, Plato Investment Management Ltd lifted its position in Williams Companies by 625.2% in the fourth quarter. Plato Investment Management Ltd now owns 2,016 shares of the pipeline company’s stock valued at $110,000 after purchasing an additional 1,738 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.

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.