Williams Companies (NYSE:WMB) SVP Sells $1,968,840.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB) SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total value of $1,968,840.00. Following the sale, the senior vice president directly owned 293,159 shares in the company, valued at approximately $21,377,154.28. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Terrance Lane Wilson also recently made the following trade(s):

• On Monday, February 2nd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $66.39, for a total value of $132,780.00.
• On Tuesday, December 9th, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $61.90, for a total value of $123,800.00.

Williams Companies Stock Up 0.7%

Shares of WMB stock traded up $0.51 during mid-day trading on Wednesday, reaching $74.01. 5,333,319 shares of the company were exchanged, compared to its average volume of 7,839,210. Williams Companies, Inc. has a fifty-two week low of $51.58 and a fifty-two week high of $74.09. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.48 and a current ratio of 0.53. The company has a market capitalization of $90.38 billion, a P/E ratio of 34.59, a P/E/G ratio of 1.30 and a beta of 0.65. The business’s 50 day simple moving average is $64.40 and its 200 day simple moving average is $61.48.

Williams Companies (NYSE:WMB) last released its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.The company had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. During the same period in the previous year, the firm posted $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, March 13th will be issued a dividend of $0.525 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. This is a boost from Williams Companies’s previous quarterly dividend of $0.50. Williams Companies’s dividend payout ratio (DPR) is 93.46%.

Wall Street Analysts Forecast Growth

WMB has been the topic of several research reports. Jefferies Financial Group upped their price target on Williams Companies from $78.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Royal Bank Of Canada boosted their price objective on shares of Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research report on Wednesday, February 11th. Scotiabank upgraded Williams Companies from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $66.00 to $84.00 in a research note on Friday, February 13th. Wells Fargo & Company increased their price target on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Citigroup raised their price target on Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Williams Companies has an average rating of “Moderate Buy” and an average price target of $75.36.

Institutional Investors Weigh In On Williams Companies

Several large investors have recently made changes to their positions in WMB. Vanguard Group Inc. grew its holdings in Williams Companies by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock worth $8,052,537,000 after buying an additional 883,245 shares in the last quarter. State Street Corp boosted its position in Williams Companies by 1.9% during the 4th quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after acquiring an additional 1,296,991 shares during the period. Wellington Management Group LLP grew its stake in shares of Williams Companies by 15.9% in the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after purchasing an additional 6,668,950 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Williams Companies by 4.8% during the fourth quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares during the period. Finally, Morgan Stanley raised its stake in shares of Williams Companies by 11.0% during the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Company Profile

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.