Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $75.56, for a total value of $151,120.00. Following the sale, the senior vice president owned 264,259 shares in the company, valued at $19,967,410.04. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Friday, August 14th, Terrance Lane Wilson sold 13,000 shares of Williams Companies stock. The shares were sold at an average price of $74.87, for a total value of $973,310.00.
- 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 Trading Up 0.0%
NYSE WMB opened at $75.26 on Thursday. The company has a market cap of $92.06 billion, a P/E ratio of 29.98, a P/E/G ratio of 1.57 and a beta of 0.59. Williams Companies, Inc. has a 12 month low of $56.08 and a 12 month high of $80.07. 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 company has a 50-day moving average of $73.44 and a 200-day moving average of $73.47.
Williams Companies Dividend Announcement
The business 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 annualized dividend and a dividend yield of 2.8%. Williams Companies’s payout ratio is currently 83.67%.
Institutional Investors Weigh In On Williams Companies
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Main Street Group LTD acquired a new stake in shares of Williams Companies during the first quarter valued at about $26,000. Motiv8 Investments LLC acquired a new position in shares of Williams Companies in the fourth quarter worth about $27,000. Allied Private Wealth LLC purchased a new position in Williams Companies in the second quarter valued at about $28,000. Bayforest Capital Ltd purchased a new position in Williams Companies in the second quarter valued at about $28,000. Finally, Clearstead Trust LLC grew its stake in Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after purchasing an additional 186 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.
Analysts Set New Price Targets
Several brokerages recently weighed in on WMB. Royal Bank Of Canada increased their target price on Williams Companies from $83.00 to $87.00 and gave the stock an “outperform” rating in a research report on Monday, August 10th. Barclays upped their price target on Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a research note on Wednesday, July 8th. TD Cowen raised their price objective on Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Truist Financial lifted their price objective on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group decreased their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Three investment 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’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $85.60.
View Our Latest Research Report on Williams Companies
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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