Williams Companies (NYSE:WMB) SVP Glen Jasek Sells 2,500 Shares

Williams Companies, Inc. (The) (NYSE:WMB) SVP Glen Jasek sold 2,500 shares of the business’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Williams Companies Stock Performance

NYSE:WMB opened at $77.55 on Tuesday. The company has a fifty day simple moving average of $73.29 and a two-hundred day simple moving average of $66.93. The company has a market cap of $94.73 billion, a price-to-earnings ratio of 34.01, a price-to-earnings-growth ratio of 1.32 and a beta of 0.61. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $78.31.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, equities analysts anticipate that Williams Companies, Inc. will post 2.37 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Friday, June 12th will be paid a $0.525 dividend. The ex-dividend date is Friday, June 12th. This represents a $2.10 annualized dividend and a dividend yield of 2.7%. Williams Companies’s payout ratio is 92.11%.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on WMB. The Goldman Sachs Group raised shares of Williams Companies from a “neutral” rating to a “buy” rating and set a $82.00 price objective for the company in a research report on Monday, April 20th. Zacks Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. TD Cowen lifted their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Wells Fargo & Company lifted their price objective on shares of Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, Morgan Stanley lifted their price objective on shares of Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research report on Monday, March 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $80.47.

Institutional Investors Weigh In On Williams Companies

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Bull Harbor Capital LLC purchased a new stake in Williams Companies in the first quarter valued at $257,000. Strategic Investment Advisors MI boosted its stake in shares of Williams Companies by 28.1% during the first quarter. Strategic Investment Advisors MI now owns 4,686 shares of the pipeline company’s stock worth $341,000 after buying an additional 1,027 shares during the period. Ashton Thomas Securities LLC grew its holdings in shares of Williams Companies by 8.1% during the first quarter. Ashton Thomas Securities LLC now owns 13,415 shares of the pipeline company’s stock worth $976,000 after buying an additional 1,004 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of Williams Companies by 12.9% during the first quarter. Arkadios Wealth Advisors now owns 131,590 shares of the pipeline company’s stock worth $9,577,000 after buying an additional 15,024 shares during the last quarter. Finally, Claris Financial LLC increased its position in Williams Companies by 5.8% in the 1st quarter. Claris Financial LLC now owns 5,089 shares of the pipeline company’s stock valued at $370,000 after acquiring an additional 280 shares during the period. 86.44% of the stock is 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.