Williams Companies SVP sells $116,420 in stock

Published 02/05/2025, 16:16
Williams Companies SVP sells $116,420 in stock

TULSA, OK—Wilson Terrance Lane, Senior Vice President and General Counsel of Williams Companies, Inc. (NYSE:WMB), recently sold 2,000 shares of the company’s common stock. The transaction, executed on May 1, 2025, was part of a pre-established 10b5-1 sales plan. The shares were sold at a price of $58.21 each, amounting to a total transaction value of $116,420. The sale comes as Williams Companies, a $72.9 billion market cap energy infrastructure company, trades near its 52-week high of $61.66, having delivered an impressive 58.75% return over the past year.

Following this sale, Lane retains ownership of 319,645 shares of Williams Companies stock. This transaction reflects ongoing activity within the executive team, as insiders continue to adjust their holdings within the company. According to InvestingPro, Williams Companies maintains a strong dividend track record with 52 consecutive years of payments and a current yield of 3.4%. The company’s overall financial health is rated as GOOD, though analysis suggests the stock may be trading above its Fair Value. For deeper insights into WMB’s valuation and 12 additional ProTips, explore the comprehensive Pro Research Report available on InvestingPro.

In other recent news, The Williams Companies, Inc. announced the results of its 2025 Annual Meeting of Stockholders, where all eleven director nominees were elected, and executive compensation was approved by a majority vote. Additionally, Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025. In leadership changes, Williams appointed Larry Larsen as the new Executive Vice President and Chief Operating Officer, effective May 3, 2025, succeeding Micheal Dunn. Moody’s Ratings has updated Williams’ outlook from stable to positive, affirming its Baa2 senior unsecured notes rating, citing the company’s consistent earnings growth and leverage management.

Furthermore, Mizuho (NYSE:MFG) Securities raised its price target for Williams Companies to $67, maintaining an Outperform rating due to positive investor sentiment and anticipated financial benefits from Project Socrates. JPMorgan also maintained an Overweight rating with a $66 price target, forecasting a $1,970 million adjusted EBITDA for the first quarter of 2025, surpassing previous estimates. The analysis highlights contributions from Williams’ Transco rates and recent acquisitions, with expectations for continued growth in various segments. These developments reflect Williams’ strategic initiatives and financial performance, as the company remains committed to optimizing operations and pursuing sustainable energy solutions.

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