Rep. Jefferson Shreve Sells Off Shares of Williams Companies, Inc. (The) (NYSE:WMB)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Williams Companies, Inc. The) (NYSE: WMB. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Williams Companies stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Williams Companies Price Performance

Williams Companies stock traded down $0.91 during trading on Friday, reaching $57.85. The company had a trading volume of 4,957,534 shares, compared to its average volume of 7,834,544. The firm's 50-day simple moving average is $59.38 and its 200 day simple moving average is $58.18. Williams Companies, Inc. has a 1-year low of $40.41 and a 1-year high of $63.45. The firm has a market capitalization of $70.53 billion, a PE ratio of 30.93, a price-to-earnings-growth ratio of 1.93 and a beta of 0.65. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.55 by $0.05. Williams Companies had a net margin of 21.18% and a return on equity of 15.95%. The firm had revenue of $3.05 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same quarter last year, the company earned $0.59 EPS. The firm's revenue for the quarter was up 10.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal 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 3.46%. Williams Companies's dividend payout ratio is currently 106.95%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $62.70, for a total transaction of $125,400.00. Following the sale, the senior vice president directly owned 315,645 shares in the company, valued at $19,790,941.50. This represents a 0.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.44% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WMB. Royal Bank Of Canada restated an "outperform" rating and issued a $63.00 price objective on shares of Williams Companies in a report on Tuesday, July 15th. Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. Wells Fargo & Company raised their price objective on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. Scotiabank raised their price objective on Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a report on Tuesday, July 15th. Finally, TD Cowen began coverage on Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 price objective on the stock. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $61.77.

Institutional Trading of Williams Companies

Institutional investors and hedge funds have recently bought and sold shares of the stock. Flaharty Asset Management LLC purchased a new stake in Williams Companies in the 1st quarter valued at about $25,000. HWG Holdings LP purchased a new stake in Williams Companies in the 1st quarter valued at about $26,000. Menard Financial Group LLC purchased a new stake in Williams Companies during the fourth quarter worth about $26,000. Saudi Central Bank purchased a new stake in Williams Companies during the first quarter worth about $29,000. Finally, Iron Horse Wealth Management LLC increased its stake in Williams Companies by 4,490.9% during the first quarter. Iron Horse Wealth Management LLC now owns 505 shares of the pipeline company's stock worth $30,000 after purchasing an additional 494 shares during the period. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

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.