Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 13,000 shares of the company's stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the completion of the transaction, the senior vice president directly owned 268,159 shares in the company, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Terrance Lane Wilson also recently made the following trade(s):
- On Monday, August 3rd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $70.65, for a total value of $141,300.00.
- On Wednesday, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $74.16, for a total value of $148,320.00.
Williams Companies Stock Performance
WMB opened at $73.55 on Tuesday. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The business has a fifty day simple moving average of $73.31 and a 200 day simple moving average of $73.01. Williams Companies, Inc. has a 1 year low of $55.82 and a 1 year high of $80.07. The company has a market capitalization of $89.96 billion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59.
Williams Companies (NYSE:WMB - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.83 billion. During the same quarter last year, the business earned $0.46 EPS. The company's quarterly revenue was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Research analysts expect that Williams Companies, Inc. will post 2.43 EPS for the current year.
Williams Companies Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be paid a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a dividend yield of 2.9%. Williams Companies's dividend payout ratio is 83.67%.
Wall Street Analysts Forecast Growth
Several analysts have weighed in on the stock. Stifel Nicolaus lifted their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the stock a "buy" rating in a research note on Wednesday, May 6th. Morgan Stanley raised their target price on shares of Williams Companies from $98.00 to $99.00 and gave the stock an "overweight" rating in a report on Tuesday, July 14th. Wells Fargo & Company lifted their price target on shares of Williams Companies from $89.00 to $90.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Citigroup boosted their price target on Williams Companies from $81.00 to $83.00 and gave the company a "buy" rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. increased their price target on Williams Companies from $88.00 to $89.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $85.33.
View Our Latest Report on Williams Companies
Institutional Investors Weigh In On Williams Companies
Several institutional investors and hedge funds have recently bought and sold shares of the company. Cynosure Group LLC acquired a new stake in shares of Williams Companies during the 2nd quarter worth approximately $647,000. Gabelli Funds LLC increased its stake in Williams Companies by 7.4% in the fourth quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company's stock valued at $15,689,000 after acquiring an additional 17,900 shares during the last quarter. SIR Capital Management L.P. raised its position in Williams Companies by 40.0% during 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 purchasing an additional 150,032 shares in the last quarter. Stephens Inc. AR raised its position in Williams Companies by 8.9% during the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company's stock valued at $9,912,000 after purchasing an additional 13,438 shares in the last quarter. Finally, Global Retirement Partners LLC lifted its stake in Williams Companies by 56.3% during the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company's stock worth $3,459,000 after purchasing an additional 20,740 shares during the last quarter. Institutional investors own 86.44% of the company's stock.
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.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
