Key Points
- Williams SVP Terrance Lane Wilson sold 2,000 shares for $123,800 on Dec. 9 at an average price of $61.90, trimming his stake by 0.67% to 297,545 shares.
- The company declared a quarterly dividend of $0.50 per share (ex-dividend Dec. 12, payable Dec. 29), equivalent to $2.00 annually and a 3.3% yield, with a payout ratio of 103.09%.
- Williams missed quarterly EPS at $0.49 vs. $0.51 expected while revenue beat at $2.92 billion; management set FY2025 guidance at 2.010–2.190 EPS, roughly in line with the analyst consensus of 2.08 and an average price target of $68.21 (consensus "Moderate Buy").
Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $61.90, for a total transaction of $123,800.00. Following the transaction, the senior vice president directly owned 297,545 shares in the company, valued at approximately $18,418,035.50. The trade was a 0.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.
Terrance Lane Wilson also recently made the following trade(s):
- On Wednesday, November 12th, Terrance Lane Wilson sold 4,000 shares of Williams Companies stock. The stock was sold at an average price of $60.53, for a total transaction of $242,120.00.
Williams Companies Stock Performance
Shares of WMB stock opened at $60.61 on Friday. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.42 and a quick ratio of 0.36. The company's fifty day moving average price is $60.61 and its two-hundred day moving average price is $59.72. The firm has a market capitalization of $74.02 billion, a P/E ratio of 31.26, a P/E/G ratio of 1.62 and a beta of 0.62. Williams Companies, Inc. has a 12 month low of $51.58 and a 12 month high of $65.55.
Williams Companies (NYSE:WMB - Get Free Report) last announced 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 business had revenue of $2.92 billion for the quarter, compared to analysts' expectations of $2.87 billion. Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The firm's revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.43 earnings per share. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, December 29th. Stockholders of record on Friday, December 12th will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.3%. Williams Companies's dividend payout ratio (DPR) is presently 103.09%.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on WMB. Cibc World Mkts raised shares of Williams Companies from a "hold" rating to a "strong-buy" rating in a report on Friday, August 15th. Morgan Stanley upped their target price on shares of Williams Companies from $70.00 to $83.00 and gave the company an "overweight" rating in a research note on Thursday, October 2nd. Citigroup increased their price target on shares of Williams Companies from $65.00 to $70.00 and gave the stock a "buy" rating in a research report on Thursday, November 13th. Weiss Ratings restated a "buy (b)" rating on shares of Williams Companies in a research note on Monday. Finally, CIBC raised Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 target price on the stock in a report on Friday, August 15th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, Williams Companies currently has an average rating of "Moderate Buy" and an average price target of $68.21.
Check Out Our Latest Research Report on Williams Companies
Hedge Funds Weigh In On Williams Companies
Several institutional investors have recently made changes to their positions in the stock. Allworth Financial LP increased its holdings in shares of Williams Companies by 6.1% in the 3rd quarter. Allworth Financial LP now owns 102,868 shares of the pipeline company's stock worth $6,517,000 after acquiring an additional 5,875 shares during the period. Investment Research Partners LLC bought a new position in shares of Williams Companies during the 3rd quarter valued at about $341,000. Connors Investor Services Inc. grew its position in Williams Companies by 26.2% in the third quarter. Connors Investor Services Inc. now owns 289,427 shares of the pipeline company's stock worth $18,335,000 after buying an additional 60,162 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Williams Companies by 7.5% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 830,587 shares of the pipeline company's stock worth $52,618,000 after acquiring an additional 57,943 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new stake in Williams Companies during the 3rd quarter worth about $10,673,000. 86.44% of the stock is owned by institutional investors.
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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