Terrance Lane Wilson Sells 13,000 Shares of Williams Companies (NYSE:WMB) Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 13,000 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

NYSE WMB opened at $75.25 on Wednesday. The firm has a market capitalization of $92.05 billion, a P/E ratio of 29.98, a PEG ratio of 1.58 and a beta of 0.59. The stock has a 50-day simple moving average of $73.38 and a two-hundred day simple moving average of $73.07. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. Williams Companies, Inc. has a fifty-two week low of $55.82 and a fifty-two week high of $80.07.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting analysts’ consensus estimates of $0.50. The firm had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The company’s revenue was up 9.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.43 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC boosted its stake in shares of Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after acquiring an additional 3,969 shares during the last quarter. Sivia Capital Partners LLC raised its stake in Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after purchasing an additional 242 shares during the last quarter. Treasurer of the State of North Carolina raised its stake in Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after purchasing an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC lifted its holdings in Williams Companies by 3.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after purchasing an additional 296 shares in the last quarter. Finally, Ieq Capital LLC lifted its holdings in Williams Companies by 160.1% in the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after purchasing an additional 101,574 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Morgan Stanley raised their target price on Williams Companies from $99.00 to $103.00 and gave the company an “overweight” rating in a research report on Tuesday. Truist Financial upped their price target on Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Finally, Stifel Nicolaus raised their price objective on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average target price of $85.60.

About Williams Companies

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.