Insider Selling: Williams Companies (NYSE:WMB) SVP Sells 13,000 Shares

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

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 shares were sold at an average price of $70.65, for a total transaction of $141,300.00.
• 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 value of $148,320.00.

Williams Companies Stock Down 1.6%

WMB traded down $1.23 during midday trading on Monday, reaching $73.97. 3,534,973 shares of the company were exchanged, compared to its average volume of 6,935,415. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48. The company’s fifty day moving average price is $73.27 and its 200 day moving average price is $72.96. The company has a market cap of $90.48 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 1.58 and a beta of 0.59. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07.

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

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Friday, September 11th will be given a $0.525 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s dividend payout ratio is presently 83.67%.

Institutional Investors Weigh In On Williams Companies

Several large investors have recently made changes to their positions in the business. Cynosure Group LLC purchased a new position in shares of Williams Companies in the 2nd quarter worth about $647,000. Gabelli Funds LLC raised its holdings in shares of Williams Companies by 7.4% during the 4th quarter. Gabelli Funds LLC now owns 261,000 shares of the pipeline company’s stock valued at $15,689,000 after buying an additional 17,900 shares in the last quarter. SIR Capital Management L.P. lifted its position in Williams Companies by 40.0% in the 4th quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after buying an additional 150,032 shares during the last quarter. Stephens Inc. AR boosted its stake in Williams Companies by 8.9% in the fourth quarter. Stephens Inc. AR now owns 164,900 shares of the pipeline company’s stock worth $9,912,000 after buying an additional 13,438 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its stake in Williams Companies by 56.3% in the fourth quarter. Global Retirement Partners LLC now owns 57,550 shares of the pipeline company’s stock worth $3,459,000 after buying an additional 20,740 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have issued reports on WMB. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a report on Tuesday, July 14th. JPMorgan Chase & Co. increased their target price on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Jefferies Financial Group dropped their price target on shares of Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Morgan Stanley boosted their price target on shares of Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Stifel Nicolaus increased their price objective on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average price target of $85.33.

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.