Williams Companies, Inc. (The) (NYSE:WMB) SVP Sells $125,400.00 in Stock

Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total transaction of $125,400.00. Following the completion of the transaction, the senior vice president directly owned 315,645 shares of the company's stock, valued at $19,790,941.50. The trade was a 0.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Williams Companies Stock Performance

WMB traded down $0.68 on Thursday, reaching $58.47. The stock had a trading volume of 4,606,763 shares, compared to its average volume of 7,013,559. The business's 50-day moving average price is $59.55 and its two-hundred day moving average price is $57.73. The company has a market cap of $71.29 billion, a P/E ratio of 31.26, a price-to-earnings-growth ratio of 4.33 and a beta of 0.65. Williams Companies, Inc. has a 12-month low of $40.41 and a 12-month high of $63.45. The company has a current ratio of 0.40, a quick ratio of 0.36 and a debt-to-equity ratio of 1.63.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.05. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.90 billion. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. Williams Companies's revenue for the quarter was up 10.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.59 EPS. Sell-side analysts forecast that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, June 30th. Investors of record on Friday, June 13th were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, June 13th. This represents a $2.00 dividend on an annualized basis and a yield of 3.42%. Williams Companies's dividend payout ratio is currently 106.95%.

Institutional Investors Weigh In On Williams Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of Williams Companies by 1.2% during the first quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 577,123 shares of the pipeline company's stock worth $34,489,000 after purchasing an additional 6,816 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in Williams Companies by 27.5% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company's stock worth $24,081,000 after buying an additional 87,031 shares in the last quarter. Kessler Investment Group LLC acquired a new position in shares of Williams Companies during the first quarter valued at approximately $327,000. Hennion & Walsh Asset Management Inc. lifted its position in shares of Williams Companies by 14.0% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 85,839 shares of the pipeline company's stock valued at $5,130,000 after acquiring an additional 10,561 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Williams Companies by 4.3% in the fourth quarter. Cerity Partners LLC now owns 183,317 shares of the pipeline company's stock valued at $9,224,000 after acquiring an additional 7,618 shares in the last quarter. Hedge funds and other institutional investors own 86.44% of the company's stock.

Analysts Set New Price Targets

A number of research firms have issued reports on WMB. Wolfe Research raised shares of Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $63.00 price target on shares of Williams Companies in a research report on Friday, May 16th. Morgan Stanley increased their price objective on Williams Companies from $58.00 to $70.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. Barclays raised their price objective on Williams Companies from $56.00 to $58.00 and gave the stock an "equal weight" rating in a research note on Friday, March 21st. Finally, Wells Fargo & Company increased their price target on shares of Williams Companies from $64.00 to $67.00 and gave the stock an "overweight" rating in a report on Wednesday, May 28th. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $61.25.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.