Insider Selling: The Williams Companies, Inc. (NYSE:WMB) CAO Sells 7,951 Shares of Stock

The Williams Companies, Inc. (NYSE:WMB - Get Free Report) CAO Mary A. Hausman sold 7,951 shares of the firm's stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the completion of the transaction, the chief accounting officer now owns 25,858 shares of the company's stock, valued at approximately $1,455,805.40. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Williams Companies Stock Down 0.3 %

Shares of Williams Companies stock traded down $0.16 during midday trading on Tuesday, hitting $56.74. The company had a trading volume of 4,933,321 shares, compared to its average volume of 6,248,367. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.39 and a current ratio of 0.57. The company has a 50 day moving average of $49.03 and a 200 day moving average of $44.54. The stock has a market capitalization of $69.17 billion, a P/E ratio of 24.01, a P/E/G ratio of 6.37 and a beta of 1.03. The Williams Companies, Inc. has a 52-week low of $32.65 and a 52-week high of $57.33.

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

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a yield of 3.35%. Williams Companies's dividend payout ratio is currently 80.17%.

Wall Street Analyst Weigh In

WMB has been the topic of a number of research analyst reports. Morgan Stanley upgraded Williams Companies from an "equal weight" rating to an "overweight" rating and increased their price target for the company from $52.00 to $58.00 in a research note on Friday, October 4th. Mizuho boosted their price objective on Williams Companies from $47.00 to $56.00 and gave the stock an "outperform" rating in a research report on Monday, November 4th. Barclays upped their target price on Williams Companies from $42.00 to $46.00 and gave the stock an "equal weight" rating in a research note on Wednesday, October 2nd. CIBC raised their target price on Williams Companies from $45.00 to $54.00 and gave the company a "neutral" rating in a research note on Tuesday, October 22nd. Finally, Truist Financial lifted their price objective on Williams Companies from $42.00 to $52.00 and gave the stock a "hold" rating in a report on Tuesday, November 5th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $50.38.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in WMB. O Shaughnessy Asset Management LLC increased its position in Williams Companies by 15.7% during the first quarter. O Shaughnessy Asset Management LLC now owns 108,302 shares of the pipeline company's stock worth $4,221,000 after acquiring an additional 14,672 shares during the period. Brendel Financial Advisors LLC boosted its stake in Williams Companies by 0.8% in the 3rd quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company's stock worth $2,370,000 after purchasing an additional 419 shares during the period. Valley National Advisers Inc. increased its stake in shares of Williams Companies by 1,855.7% during the third quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company's stock valued at $1,918,000 after buying an additional 39,880 shares during the period. M&G Plc purchased a new stake in Williams Companies during the first quarter valued at $1,036,000. Finally, Russell Investments Group Ltd. boosted its stake in Williams Companies by 58.1% during the first quarter. Russell Investments Group Ltd. now owns 1,404,198 shares of the pipeline company's stock valued at $54,692,000 after buying an additional 515,823 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

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.