Insider Selling: Williams Companies (NYSE:WMB) SVP Sells 2,000 Shares of Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $61.90, for a total value of $123,800.00. Following the sale, the senior vice president directly owned 297,545 shares in the company, valued at $18,418,035.50. This trade represents a 0.67% decrease in their position. The sale 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 shares were sold at an average price of $60.53, for a total transaction of $242,120.00.

Williams Companies Stock Up 0.1%

Shares of Williams Companies stock traded up $0.07 on Thursday, reaching $60.57. The stock had a trading volume of 1,319,107 shares, compared to its average volume of 7,477,240. Williams Companies, Inc. has a 1 year low of $51.58 and a 1 year high of $65.55. The company has a 50 day moving average price of $60.67 and a 200 day moving average price of $59.71. The company has a quick ratio of 0.36, a current ratio of 0.42 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $73.97 billion, a P/E ratio of 31.20, a P/E/G ratio of 1.65 and a beta of 0.62.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Monday, November 3rd. The pipeline company reported $0.49 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.02). Williams Companies had a return on equity of 16.74% and a net margin of 20.61%.The business had revenue of $2.92 billion during the quarter, compared to analyst estimates of $2.87 billion. During the same period in the previous year, the business earned $0.43 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. As a group, equities research analysts forecast that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 12th will be paid a $0.50 dividend. The ex-dividend date is Friday, December 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies’s dividend payout ratio (DPR) is 103.09%.

Institutional Trading of Williams Companies

Several large investors have recently bought and sold shares of the business. Flaharty Asset Management LLC purchased a new stake in Williams Companies in the 1st quarter valued at $25,000. Saudi Central Bank purchased a new stake in shares of Williams Companies in the 1st quarter valued at approximately $29,000. Private Wealth Management Group LLC lifted its holdings in shares of Williams Companies by 104.8% in the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 240 shares during the last quarter. Hartford Funds Management Co LLC purchased a new position in shares of Williams Companies during the 2nd quarter worth approximately $29,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Williams Companies in the 2nd quarter valued at approximately $32,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Jefferies Financial Group lowered their price target 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. CIBC upgraded shares of Williams Companies from a “neutral” rating to a “sector outperform” rating and set a $64.00 target price for the company in a research report on Friday, August 15th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday, October 4th. Citigroup upped their target price on Williams Companies from $65.00 to $70.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Barclays lifted their price target on Williams Companies from $65.00 to $66.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 14th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.21.

About Williams Companies

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.