Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $76.35, for a total value of $152,700.00. Following the completion of the transaction, the senior vice president directly owned 287,159 shares of the company’s stock, valued at $21,924,589.65. This trade represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Terrance Lane Wilson also recently made the following trade(s):
- On Wednesday, April 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $71.75, for a total value of $143,500.00.
- On Monday, March 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $75.24, for a total value 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 value of $1,968,840.00.
Williams Companies Stock Down 0.2%
WMB traded down $0.15 on Monday, reaching $75.39. The company’s stock had a trading volume of 4,347,198 shares, compared to its average volume of 6,931,788. The stock has a 50 day moving average of $73.14 and a two-hundred day moving average of $65.91. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The company has a market capitalization of $92.10 billion, a price-to-earnings ratio of 35.25, a P/E/G ratio of 1.26 and a beta of 0.61. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $76.87.
Williams Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, June 12th will be issued a $0.525 dividend. This represents a $2.10 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, June 12th. Williams Companies’s dividend payout ratio is presently 98.13%.
Institutional Investors Weigh In On Williams Companies
Several large investors have recently modified their holdings of the stock. Mill Creek Capital Advisors LLC raised its stake in shares of Williams Companies by 2.4% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock worth $361,000 after purchasing an additional 141 shares during the last quarter. UMB Bank n.a. raised its stake in shares of Williams Companies by 1.0% during the fourth quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock worth $920,000 after purchasing an additional 148 shares during the last quarter. Parallel Advisors LLC raised its stake in shares of Williams Companies by 1.2% during the fourth quarter. Parallel Advisors LLC now owns 12,646 shares of the pipeline company’s stock worth $760,000 after purchasing an additional 149 shares during the last quarter. Great Diamond Partners LLC raised its stake in shares of Williams Companies by 0.4% during the fourth quarter. Great Diamond Partners LLC now owns 34,870 shares of the pipeline company’s stock worth $2,096,000 after purchasing an additional 150 shares during the last quarter. Finally, First Horizon Corp raised its stake in shares of Williams Companies by 3.7% during the first quarter. First Horizon Corp now owns 4,220 shares of the pipeline company’s stock worth $307,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Analyst Ratings Changes
WMB has been the subject of several research analyst reports. Truist Financial initiated coverage on Williams Companies in a report on Tuesday, March 24th. They issued a “buy” rating and a $84.00 price objective for the company. Wall Street Zen raised Williams Companies from a “sell” rating to a “hold” rating in a report on Sunday, April 5th. Stifel Nicolaus increased their price objective on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a report on Friday, February 13th. Weiss Ratings reissued a “buy (b)” rating on shares of Williams Companies in a report on Friday, March 27th. Finally, Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 4th. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $78.60.
View Our Latest Analysis on WMB
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.
Featured Articles
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.
