Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the sale, the senior vice president owned 281,159 shares of the company’s stock, valued at $19,863,883.35. This represents a 0.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Wednesday, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $74.16, for a total transaction of $148,320.00.
Williams Companies Stock Performance
Shares of NYSE:WMB opened at $71.77 on Friday. The company has a market cap of $87.79 billion, a price-to-earnings ratio of 28.59, a price-to-earnings-growth ratio of 3.06 and a beta of 0.58. The company has a 50-day moving average price of $73.12 and a 200-day moving average price of $72.55. The company has a current ratio of 0.48, a quick ratio of 0.76 and a debt-to-equity ratio of 1.83. Williams Companies, Inc. has a 12 month low of $55.82 and a 12 month high of $80.07.
Williams Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a $0.525 dividend. The ex-dividend date is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is 83.67%.
Institutional Investors Weigh In On Williams Companies
A number of large investors have recently added to or reduced their stakes in the stock. Apella Capital LLC lifted its position in shares of Williams Companies by 2.3% in the second quarter. Apella Capital LLC now owns 5,988 shares of the pipeline company’s stock valued at $450,000 after buying an additional 134 shares during the last quarter. Mirador Capital Partners LP increased its holdings in shares of Williams Companies by 0.9% during the 2nd quarter. Mirador Capital Partners LP now owns 16,153 shares of the pipeline company’s stock worth $1,201,000 after acquiring an additional 140 shares during the last quarter. Aletheian Wealth Advisors LLC increased its holdings in shares of Williams Companies by 3.8% during the 2nd quarter. Aletheian Wealth Advisors LLC now owns 3,830 shares of the pipeline company’s stock worth $285,000 after acquiring an additional 140 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in Williams Companies by 2.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 6,000 shares of the pipeline company’s stock valued at $361,000 after acquiring an additional 141 shares during the period. Finally, UMB Bank n.a. lifted its holdings in Williams Companies by 1.0% during the 4th quarter. UMB Bank n.a. now owns 15,309 shares of the pipeline company’s stock valued at $920,000 after purchasing an additional 148 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages recently commented on WMB. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a report on Wednesday, July 1st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 target price on shares of Williams Companies in a research note on Tuesday, July 14th. Royal Bank Of Canada increased their price target on shares of Williams Companies from $82.00 to $83.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $83.62.
Get Our Latest Stock Analysis on WMB
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.
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