Williams Companies (NYSE:WMB) Stock: Insider Terrance Lane Wilson Sells 2,000 Shares

Key Points

• Insider sale: Senior Vice President Terrance Lane Wilson sold 2,000 Williams Companies shares at an average price of $67.85, worth $135,700. He continues to own 262,259 shares, and has made several additional sales since August.
• Financial and dividend profile: Williams reported quarterly revenue of $3.05 billion and earnings of $0.50 per share, while maintaining a quarterly dividend of $0.525, equivalent to a 3.0% annual yield.
• Analyst sentiment remains positive: The stock has a consensus “Buy” rating and an average price target of $86.35, compared with a recent trading price of $69.84. Institutional investors own 86.44% of the company.

Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Wilson sold 2,000 shares of the company's stock in a transaction that occurred on Thursday, October 1st. The shares were sold at an average price of $67.85, for a total value of $135,700.00. Following the completion of the transaction, the senior vice president directly owned 262,259 shares in the company, valued at $17,794,273.15. This trade represents a 0.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Terrance Lane Wilson also recently made the following trade(s):

• On Tuesday, September 1st, Terrance Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $75.56, for a total value of $151,120.00.
• On Friday, August 14th, Terrance 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 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.

Williams Companies Stock Performance

NYSE:WMB traded up $0.62 during mid-day trading on Friday, reaching $69.84. The company's stock had a trading volume of 2,350,620 shares, compared to its average volume of 7,045,018. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83. The stock has a market cap of $85.42 billion, a P/E ratio of 27.83, a PEG ratio of 1.44 and a beta of 0.65. The firm's fifty day moving average price is $72.21 and its two-hundred day moving average price is $73.17. Williams Companies, Inc. has a 12-month low of $56.19 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting the consensus estimate of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analysts' expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm's quarterly revenue was up 9.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts forecast that Williams Companies, Inc. will post 2.41 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Investors of record on Friday, September 11th were issued a $0.5250 dividend. The ex-dividend date of this dividend was Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 3.0%. Williams Companies's dividend payout ratio (DPR) is presently 83.67%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price objective on Williams Companies from $88.00 to $89.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 1st. Morgan Stanley lifted their price objective on Williams Companies from $99.00 to $103.00 and gave the company an "overweight" rating in a research report on Tuesday, August 18th. Jefferies Financial Group reduced their target price 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. Scotiabank lowered their price target on shares of Williams Companies from $86.00 to $85.00 and set a "sector outperform" rating on the stock in a report on Thursday, September 10th. Finally, Capital One Financial initiated coverage on shares of Williams Companies in a research note on Tuesday, September 22nd. They issued an "overweight" rating and a $92.00 price objective for the company. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $86.35.

Institutional Investors Weigh In On Williams Companies

Institutional investors have recently made changes to their positions in the company. Bank of America Corp DE bought a new stake in shares of Williams Companies in the second quarter valued at about $3,320,606,000. Wellington Management Group LLP raised its holdings in shares of Williams Companies by 43.4% in the 2nd quarter. Wellington Management Group LLP now owns 33,097,208 shares of the pipeline company's stock valued at $2,460,446,000 after purchasing an additional 10,013,946 shares in the last quarter. Legal & General Group Plc purchased a new stake in shares of Williams Companies in the 2nd quarter worth approximately $596,077,000. Kayne Anderson Capital Advisors LP bought a new position in shares of Williams Companies during the second quarter valued at approximately $500,305,000. Finally, Massachusetts Financial Services Co. MA bought a new position in Williams Companies in the second quarter worth approximately $354,184,000. Institutional investors own 86.44% of the company's stock.

About Williams Companies

Williams Companies, Inc is an energy infrastructure company focused primarily on the gathering, processing, storage and transportation of natural gas and natural gas liquids. Through its extensive network of pipelines and related facilities, the company connects major U.S. producing regions with utilities, industrial customers, power generators and other energy markets.

Williams' principal assets include the Transco interstate natural gas pipeline, which serves markets along the U.S. East Coast, as well as gathering and processing operations in regions such as the Appalachian Basin, the Rocky Mountains and the Western United States.

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