The Williams Companies, Inc. (NYSE:WMB) CAO Sells $447,641.30 in Stock

The Williams Companies, Inc. (NYSE:WMB) CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now owns 25,858 shares of the company’s stock, valued at approximately $1,455,805.40. This trade represents a 23.52 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Williams Companies Price Performance

Shares of WMB opened at $55.58 on Friday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.57 and a quick ratio of 0.51. The Williams Companies, Inc. has a 12 month low of $32.65 and a 12 month high of $57.33. The stock has a fifty day moving average price of $49.48 and a 200 day moving average price of $44.74. The company has a market cap of $67.75 billion, a P/E ratio of 23.45, a PEG ratio of 5.73 and a beta of 1.03.

Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. The company had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.52 billion. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.45 EPS. On average, research analysts forecast that The Williams Companies, Inc. will post 1.91 earnings per share for the current year.

Williams Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.42%. Williams Companies’s dividend payout ratio (DPR) is 80.17%.

Institutional Trading of Williams Companies

Institutional investors have recently modified their holdings of the company. SouthState Corp acquired a new stake in shares of Williams Companies in the second quarter valued at $31,000. GHP Investment Advisors Inc. acquired a new stake in shares of Williams Companies in the second quarter valued at $34,000. Rosenberg Matthew Hamilton lifted its holdings in shares of Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after buying an additional 252 shares during the period. Quarry LP purchased a new stake in shares of Williams Companies during the second quarter valued at $35,000. Finally, FSA Wealth Management LLC purchased a new stake in shares of Williams Companies during the third quarter valued at $38,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on WMB. UBS Group raised their price objective on Williams Companies from $51.00 to $55.00 and gave the company a “buy” rating in a research note on Wednesday, September 18th. Scotiabank boosted their price target on Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a report on Thursday, August 8th. CIBC boosted their price target on Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Barclays boosted their price target on Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a report on Wednesday, October 2nd. Finally, StockNews.com downgraded Williams Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $50.38.

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.