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

The Williams Companies, Inc. (NYSE:WMB) SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares in the company, valued at approximately $13,777,218. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Williams Companies Stock Up 2.5 %

Shares of WMB traded up $1.15 during mid-day trading on Wednesday, reaching $47.51. The company’s stock had a trading volume of 3,983,020 shares, compared to its average volume of 6,293,173. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.45 and a quick ratio of 0.39. The Williams Companies, Inc. has a 12-month low of $32.49 and a 12-month high of $47.52. The stock has a market cap of $57.90 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 6.20 and a beta of 1.05. The company’s 50 day moving average is $44.38 and its 200 day moving average is $41.83.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 5th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.38 by $0.05. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The company had revenue of $2.34 billion for the quarter, compared to analysts’ expectations of $2.46 billion. During the same quarter last year, the company earned $0.42 earnings per share. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. Equities analysts anticipate that The Williams Companies, Inc. will post 1.93 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Friday, September 13th were paid a $0.475 dividend. The ex-dividend date was Friday, September 13th. This represents a $1.90 annualized dividend and a yield of 4.00%. Williams Companies’s dividend payout ratio is presently 79.83%.

Hedge Funds Weigh In On Williams Companies

Several hedge funds have recently made changes to their positions in the company. Rise Advisors LLC purchased a new position in Williams Companies during the 1st quarter worth approximately $27,000. Fairman Group LLC acquired a new stake in Williams Companies during the 4th quarter worth $31,000. SouthState Corp acquired a new position in Williams Companies in the second quarter valued at $31,000. GHP Investment Advisors Inc. purchased a new stake in shares of Williams Companies in the second quarter valued at about $34,000. Finally, Quarry LP acquired a new stake in shares of Williams Companies during the second quarter worth about $35,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Scotiabank increased their target price on Williams Companies from $43.00 to $48.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 8th. Morgan Stanley increased their price target on shares of Williams Companies from $45.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Monday, June 10th. Barclays lifted their price objective on shares of Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday. StockNews.com cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Argus raised Williams Companies from a “hold” rating to a “buy” rating in a research report on Thursday, June 20th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $43.83.

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.