Senator (Republican-Oklahoma) recently sold shares of Williams Companies, Inc. (The) (NYSE:WMB). In a filing disclosed on July 21st, the Senator disclosed that they had sold between $5,000,001 and $25,000,000 in Williams Companies stock on June 24th.
Williams Companies Trading Up 1.0%
WMB stock opened at $75.25 on Friday. Williams Companies, Inc. has a one year low of $55.82 and a one year high of $80.07. The stock has a market cap of $91.92 billion, a price-to-earnings ratio of 33.00, a price-to-earnings-growth ratio of 1.75 and a beta of 0.57. The company has a fifty day moving average price of $74.27 and a two-hundred day moving average price of $71.79. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76.
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.10. The company had revenue of $3.03 billion for the quarter, compared to analyst estimates of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies, Inc. will post 2.44 EPS for the current year.
Williams Companies Dividend Announcement
Institutional Trading of Williams Companies
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Tema ETFs LLC grew its position in shares of Williams Companies by 127.9% during the 2nd quarter. Tema ETFs LLC now owns 219,413 shares of the pipeline company’s stock worth $16,311,000 after purchasing an additional 123,156 shares in the last quarter. LVM Capital Management Ltd. MI bought a new position in shares of Williams Companies during the second quarter worth approximately $595,000. Revolve Wealth Partners LLC raised its position in shares of Williams Companies by 332.9% in the second quarter. Revolve Wealth Partners LLC now owns 13,069 shares of the pipeline company’s stock valued at $972,000 after buying an additional 10,050 shares in the last quarter. Contravisory Investment Management Inc. raised its position in shares of Williams Companies by 15.1% in the second quarter. Contravisory Investment Management Inc. now owns 10,135 shares of the pipeline company’s stock valued at $753,000 after buying an additional 1,331 shares in the last quarter. Finally, Sapient Capital LLC lifted its position in shares of Williams Companies by 68.2% during the 2nd quarter. Sapient Capital LLC now owns 23,443 shares of the pipeline company’s stock valued at $1,743,000 after acquiring an additional 9,502 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on WMB shares. Stifel Nicolaus increased their price target on shares of Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada upped their target price on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Scotiabank increased their target price on Williams Companies from $85.00 to $86.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, May 12th. Citigroup increased their target price on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. Finally, Morgan Stanley lifted their price target on Williams Companies from $98.00 to $99.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Four analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Williams Companies currently has an average rating of “Buy” and a consensus price target of $83.56.
Read Our Latest Research Report on Williams Companies
Insider Buying and Selling
In other news, SVP Glen G. Jasek sold 2,500 shares of Williams Companies stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total value of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares in the company, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total value of $148,320.00. Following the sale, the senior vice president owned 283,159 shares in the company, valued at approximately $20,999,071.44. This trade represents a 0.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 68,500 shares of company stock valued at $5,182,655. Company insiders own 0.47% of the company’s stock.
About Senator
Williams Companies Company Profile
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
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