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

Key Points

• Williams Companies SVP Terrance Lane Wilson sold 13,000 shares at an average price of $74.87, generating $973,310 and reducing his direct ownership by 4.62% to 268,159 shares. He also sold 2,000 shares each in July and August.
• WMB shares fell 1.6% to $73.97, while the company reported quarterly EPS of $0.50 in line with estimates and revenue of $3.05 billion, above the $2.83 billion consensus.
• The company declared a quarterly dividend of $0.525, equivalent to $2.10 annually and a 2.8% yield. Analysts maintain a consensus “Buy” rating with an average price target of $85.33.

Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 13,000 shares of the business's stock in a transaction that occurred on 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 in the company, valued at $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 stock was sold at an average price of $74.16, for a total transaction of $148,320.00.

Williams Companies Trading Down 1.6%

Shares of Williams Companies stock traded down $1.23 during trading on Monday, hitting $73.97. The company's stock had a trading volume of 3,534,973 shares, compared to its average volume of 6,935,415. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. Williams Companies, Inc. has a 52 week low of $55.82 and a 52 week high of $80.07. The stock 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. The stock has a 50-day moving average price of $73.27 and a two-hundred day moving average price of $72.96.

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

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Investors 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 2.8%. Williams Companies's dividend payout ratio is presently 83.67%.

Institutional Trading of Williams Companies

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bank of America Corp DE acquired a new position in shares of Williams Companies during the second quarter worth approximately $3,320,606,000. Norges Bank bought a new position in shares of Williams Companies in the 4th quarter worth $747,749,000. Legal & General Group Plc acquired a new stake in Williams Companies in the 2nd quarter valued at $596,077,000. BROOKFIELD Corp ON grew its position in Williams Companies by 190.3% in the 2nd quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company's stock valued at $755,490,000 after purchasing an additional 7,884,730 shares during the period. Finally, Kayne Anderson Capital Advisors LP bought a new stake in Williams Companies during the 2nd quarter valued at $500,305,000. 86.44% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WMB shares. Jefferies Financial Group lowered their price target on shares of Williams Companies from $87.00 to $85.00 and set a "buy" rating for the company in a report on Wednesday, July 1st. JPMorgan Chase & Co. upped their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an "overweight" rating in a research note on Wednesday, July 1st. Wells Fargo & Company increased their price objective on shares of Williams Companies from $89.00 to $90.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Morgan Stanley lifted their target price on shares of Williams Companies from $98.00 to $99.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 14th. Finally, Citigroup boosted their target price on shares of Williams Companies from $81.00 to $83.00 and gave the company a "buy" rating in a report on Friday, May 8th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus 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.

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