Terrance Lane Wilson Sells 2,000 Shares of Williams Companies, Inc. (The) (NYSE:WMB) Stock

Key Points

• Terrance Lane Wilson, Senior VP of Williams Companies, sold 2,000 shares on August 1st for $119,360, reducing his ownership to 313,645 shares.
• Williams Companies' stock price increased by 0.4% to $60.52, with a market cap of $73.80 billion and a current dividend yield of 3.3%.
• The company reported earnings of $0.60 per share for the last quarter, exceeding analysts' expectations, and has a projected EPS of 2.08 for the current year.

Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction on Friday, August 1st. The shares were sold at an average price of $59.68, for a total value of $119,360.00. Following the completion of the sale, the senior vice president owned 313,645 shares of the company's stock, valued at approximately $18,718,333.60. This represents a 0.63% decrease in their ownership of the stock. The sale 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, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $62.70, for a total value of $125,400.00.

Williams Companies Stock Up 0.4%

NYSE:WMB traded up $0.25 during mid-day trading on Monday, reaching $60.52. The stock had a trading volume of 3,901,892 shares, compared to its average volume of 7,764,218. The company has a debt-to-equity ratio of 1.63, a current ratio of 0.40 and a quick ratio of 0.36. The stock's 50 day simple moving average is $59.44 and its two-hundred day simple moving average is $58.28. Williams Companies, Inc. has a 1-year low of $40.41 and a 1-year high of $63.45. The company has a market capitalization of $73.80 billion, a price-to-earnings ratio of 32.35, a price-to-earnings-growth ratio of 2.00 and a beta of 0.66.

Williams Companies (NYSE:WMB - Get Free Report) last issued its earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping 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 posted $0.59 earnings per share. Williams Companies's revenue was up 10.0% on a year-over-year basis. Equities analysts anticipate that Williams Companies, Inc. will post 2.08 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies's dividend payout ratio (DPR) is currently 106.95%.

Institutional Investors Weigh In On Williams Companies

A number of hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Williams Companies by 0.6% during the first quarter. Vanguard Group Inc. now owns 131,163,184 shares of the pipeline company's stock valued at $7,838,312,000 after buying an additional 807,019 shares during the last quarter. Wellington Management Group LLP raised its holdings in Williams Companies by 6.0% during the first quarter. Wellington Management Group LLP now owns 29,624,104 shares of the pipeline company's stock worth $1,770,336,000 after purchasing an additional 1,680,477 shares in the last quarter. Blackstone Inc. raised its holdings in Williams Companies by 36.5% during the fourth quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company's stock worth $1,025,795,000 after purchasing an additional 5,068,738 shares in the last quarter. Deutsche Bank AG grew its position in Williams Companies by 5.6% in the first quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company's stock worth $1,047,025,000 after buying an additional 932,998 shares during the last quarter. Finally, Northern Trust Corp grew its position in Williams Companies by 0.4% in the first quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company's stock worth $913,840,000 after buying an additional 54,902 shares during the last quarter. Institutional investors own 86.44% of the company's stock.

Analyst Upgrades and Downgrades

WMB has been the subject of several recent research reports. Wells Fargo & Company increased their price target on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a report on Wednesday, May 28th. TD Cowen initiated coverage on Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 price target for the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $63.00 price target 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 research note on Friday, June 13th. Finally, Scotiabank raised their target price on Williams Companies from $59.00 to $60.00 and gave the company a "sector perform" rating in a research note on Tuesday, July 15th. Seven equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat, Williams Companies presently has an average rating of "Moderate Buy" and an average price target of $61.77.

About Williams Companies

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.

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