Key Points
- SVP Terrance Lane Wilson sold 4,000 shares on Nov. 12 at an average of $60.53 for proceeds of $242,120, reducing his stake by 1.30% to 302,645 shares (≈$18.32M).
- Q3 results: Williams reported $0.49 EPS (missed estimates by $0.02) but revenue beat at $2.92B, and management set FY2025 guidance of 2.010–2.190 EPS (consensus ~2.08).
- Dividend announced: a $0.50 quarterly payout ($2.00 annualized, ~3.3% yield) with an ex-dividend date of Dec. 12, while the payout ratio stands high at 103.09%.
Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 4,000 shares of the stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $60.53, for a total transaction of $242,120.00. Following the completion of the sale, the senior vice president owned 302,645 shares of the company's stock, valued at approximately $18,319,101.85. The trade was a 1.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
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 shares were sold at an average price of $57.62, for a total value of $115,240.00.
Williams Companies Trading Up 0.8%
Williams Companies stock traded up $0.47 during trading on Friday, reaching $60.06. 1,220,001 shares of the company were exchanged, compared to its average volume of 7,522,979. The stock's 50 day simple moving average is $60.59 and its two-hundred day simple moving average is $59.44. The company has a market capitalization of $73.35 billion, a P/E ratio of 30.16, a PEG ratio of 1.91 and a beta of 0.63. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies, Inc. has a 52-week low of $51.58 and a 52-week high of $65.55.
Williams Companies (NYSE:WMB - Get Free Report) last issued its earnings results on Monday, November 3rd. The pipeline company reported $0.49 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.51 by ($0.02). The company had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm's revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business earned $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities research analysts expect that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 12th will be issued a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.3%. The ex-dividend date is Friday, December 12th. Williams Companies's payout ratio is presently 103.09%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on WMB shares. BMO Capital Markets cut their price target on shares of Williams Companies from $72.00 to $70.00 and set an "outperform" rating for the company in a report on Wednesday, November 5th. Jefferies Financial Group lowered their price objective on Williams Companies from $72.00 to $70.00 and set a "buy" rating for the company in a research report on Wednesday, November 5th. The Goldman Sachs Group raised their target price on Williams Companies from $59.00 to $65.00 and gave the stock a "neutral" rating in a research note on Thursday, October 2nd. UBS Group upped their price target on Williams Companies from $74.00 to $78.00 and gave the company a "buy" rating in a research note on Tuesday, September 30th. Finally, Cibc World Mkts upgraded shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $68.21.
View Our Latest Report on WMB
Institutional Investors Weigh In On Williams Companies
Several institutional investors and hedge funds have recently modified their holdings of WMB. Norges Bank purchased a new stake in Williams Companies during the second quarter worth about $765,164,000. BROOKFIELD Corp ON increased its stake in Williams Companies by 190.3% during the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company's stock worth $755,490,000 after buying an additional 7,884,730 shares during the period. Wellington Management Group LLP lifted its holdings in Williams Companies by 15.9% during the 3rd quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company's stock worth $3,077,942,000 after buying an additional 6,668,950 shares in the last quarter. Nuveen LLC purchased a new position in Williams Companies in the 1st quarter valued at approximately $335,419,000. Finally, Goldman Sachs Group Inc. increased its position in shares of Williams Companies by 45.0% during the first quarter. Goldman Sachs Group Inc. now owns 11,339,078 shares of the pipeline company's stock worth $677,623,000 after acquiring an additional 3,519,370 shares during the period. Hedge funds and other institutional investors own 86.44% of the company's stock.
Williams Companies Company Profile
(
Get Free Report)
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.
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