Williams Companies, Inc. (The) (NYSE:WMB – Get Free Report) SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total value of $151,120.00. Following the completion of the sale, the senior vice president owned 264,259 shares of the company’s stock, valued at $19,967,410.04. This trade represents a 0.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Terrance Lane Wilson also recently made the following trade(s):
- On Friday, August 14th, Terrance Lane Wilson sold 13,000 shares of Williams Companies stock. The shares were sold at an average price of $74.87, for a total transaction of $973,310.00.
- On Monday, August 3rd, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $70.65, for a total transaction of $141,300.00.
- On Wednesday, July 1st, Terrance Lane Wilson sold 2,000 shares of Williams Companies stock. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00.
Williams Companies Trading Down 0.1%
Shares of WMB traded down $0.10 during mid-day trading on Wednesday, reaching $75.13. The company had a trading volume of 3,168,942 shares, compared to its average volume of 6,990,791. Williams Companies, Inc. has a fifty-two week low of $56.08 and a fifty-two week high of $80.07. The firm has a fifty day simple moving average of $73.45 and a 200-day simple moving average of $73.44. The stock has a market cap of $91.89 billion, a price-to-earnings ratio of 29.94, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59. The company has a current ratio of 0.48, a quick ratio of 0.43 and a debt-to-equity ratio of 1.83.
Williams Companies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Friday, September 11th will be issued a dividend of $0.525 per share. The ex-dividend date is Friday, September 11th. This represents a $2.10 dividend on an annualized basis and a dividend yield of 2.8%. Williams Companies’s payout ratio is presently 83.67%.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in WMB. Brighton Jones LLC grew its holdings in Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after purchasing an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC boosted its position in Williams Companies by 5.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares during the last quarter. Treasurer of the State of North Carolina boosted its position in Williams Companies by 2.1% in the 2nd quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in shares of Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after acquiring an additional 296 shares in the last quarter. Finally, Ieq Capital LLC increased its position in shares of Williams Companies by 160.1% during the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock worth $10,366,000 after acquiring an additional 101,574 shares during the last quarter. 86.44% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have weighed in on WMB shares. Wells Fargo & Company lifted their price target on shares of Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. UBS Group reissued a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Canadian Imperial Bank of Commerce lifted their target price on shares of Williams Companies from $83.00 to $85.00 and gave the company an “outperformer” rating in a report on Tuesday, May 26th. TD Cowen upped their price target on shares of Williams Companies from $81.00 to $87.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Jefferies Financial Group lowered their price target on Williams Companies from $87.00 to $85.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Williams Companies currently has an average rating of “Buy” and an average target price of $85.60.
Read Our Latest Stock Analysis on WMB
About Williams Companies
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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