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

Key Points

• Terrance Lane Wilson, Senior Vice President of Williams Companies, sold 2,000 shares at an average price of $57.62, amounting to a total transaction of $115,240, reducing his position by 0.64%.
• Williams Companies reported earnings per share (EPS) of $0.46 for the last quarter, missing analysts' expectations; the company has set its FY 2025 guidance at 2.010-2.190 EPS.
• The firm declared a quarterly dividend of $0.50 per share, representing an annual yield of 3.5%, with a payout ratio exceeding 100%.

Williams Companies, Inc. (The) (NYSE:WMB - Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $57.62, for a total value of $115,240.00. Following the completion of the transaction, the senior vice president directly owned 311,645 shares of the company's stock, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Friday, August 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The shares were sold at an average price of $59.68, for a total transaction of $119,360.00.
• 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 transaction of $125,400.00.

Williams Companies Trading Down 0.7%

NYSE:WMB traded down $0.42 during mid-day trading on Monday, hitting $56.79. 1,754,648 shares of the stock traded hands, compared to its average volume of 7,602,865. The company has a quick ratio of 0.48, a current ratio of 0.54 and a debt-to-equity ratio of 1.73. Williams Companies, Inc. has a 52 week low of $43.98 and a 52 week high of $63.45. The stock has a market capitalization of $69.24 billion, a price-to-earnings ratio of 28.49, a PEG ratio of 1.91 and a beta of 0.65. The firm's 50 day moving average is $58.17 and its two-hundred day moving average is $58.39.

Williams Companies (NYSE:WMB - Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.49 by ($0.03). Williams Companies had a return on equity of 16.23% and a net margin of 21.63%.The firm had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.90 billion. During the same period last year, the company posted $0.43 earnings per share. The business's quarterly revenue was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. On average, equities research analysts predict that Williams Companies, Inc. will post 2.08 earnings per share for the current year.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Friday, September 12th. Williams Companies's payout ratio is currently 100.50%.

Hedge Funds Weigh In On Williams Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in WMB. Vanguard Group Inc. increased its holdings in shares of Williams Companies by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 133,075,340 shares of the pipeline company's stock worth $8,358,462,000 after acquiring an additional 1,912,156 shares during the period. Wellington Management Group LLP increased its stake in Williams Companies by 6.0% during the 1st 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. Deutsche Bank AG lifted its holdings in Williams Companies by 5.6% during the 1st quarter. Deutsche Bank AG now owns 17,520,491 shares of the pipeline company's stock valued at $1,047,025,000 after purchasing an additional 932,998 shares during the last quarter. Northern Trust Corp raised its stake in Williams Companies by 0.4% during the first quarter. Northern Trust Corp now owns 15,291,842 shares of the pipeline company's stock worth $913,840,000 after acquiring an additional 54,902 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Williams Companies by 27.3% during the 2nd quarter. Invesco Ltd. now owns 14,417,821 shares of the pipeline company's stock worth $905,583,000 after buying an additional 3,089,390 shares in the last quarter. Institutional investors and hedge funds own 86.44% of the company's stock.

Analysts Set New Price Targets

WMB has been the topic of a number of research analyst reports. TD Cowen initiated coverage on Williams Companies in a research report on Monday, July 7th. They set a "buy" rating and a $67.00 price target on the stock. Wells Fargo & Company upped their price target on Williams Companies from $67.00 to $70.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Barclays increased their price objective on Williams Companies from $58.00 to $59.00 and gave the company an "equal weight" rating in a report on Thursday, August 14th. Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a report on Friday, June 13th. Finally, Cibc World Mkts raised Williams Companies from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $62.86.

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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