Terrance Lane Wilson Sells 2,000 Shares of Williams Companies (NYSE:WMB) Stock

Williams Companies, Inc. (The) (NYSE:WMBGet Free Report) SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president directly owned 283,159 shares in the company, valued at $20,999,071.44. The trade was a 0.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

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

  • On Friday, May 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $76.35, for a total value of $152,700.00.

Williams Companies Price Performance

Williams Companies stock opened at $73.09 on Friday. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The company has a market capitalization of $89.28 billion, a PE ratio of 32.06, a price-to-earnings-growth ratio of 1.79 and a beta of 0.57. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The business has a 50 day simple moving average of $74.10 and a 200 day simple moving average of $70.23.

Williams Companies (NYSE:WMBGet Free Report) last announced its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.10. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%.The firm had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $3.28 billion. During the same period in the prior year, the business posted $0.60 earnings per share. The business’s revenue was down .6% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, sell-side analysts forecast that Williams Companies, Inc. will post 2.44 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 29th. Investors of record on Friday, June 12th were given a dividend of $0.525 per share. The ex-dividend date was Friday, June 12th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is 92.11%.

Institutional Investors Weigh In On Williams Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Williams Companies in the 4th quarter valued at about $4,627,000. Gabelli Funds LLC grew its position in shares of Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock worth $15,689,000 after buying an additional 17,900 shares during the period. Nordea Investment Management AB raised its stake in shares of Williams Companies by 21.0% during the fourth quarter. Nordea Investment Management AB now owns 2,105,570 shares of the pipeline company’s stock worth $125,839,000 after buying an additional 365,546 shares during the last quarter. Stephens Inc. AR lifted its holdings in Williams Companies by 8.9% in the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock valued at $9,912,000 after buying an additional 13,438 shares during the period. Finally, SIR Capital Management L.P. lifted its holdings in Williams Companies by 40.0% in the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock valued at $31,572,000 after buying an additional 150,032 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on WMB. The Goldman Sachs Group upgraded shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price target on the stock in a research report on Monday, April 20th. Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. lifted their target price on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research note on Wednesday. Morgan Stanley increased their price target on Williams Companies from $90.00 to $98.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company raised their price target on Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a report on Friday, March 13th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Williams Companies presently has an average rating of “Buy” and a consensus price target of $82.94.

View Our Latest Stock Analysis on Williams Companies

Williams Companies Company Profile

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for Williams Companies (NYSE:WMB)

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