Williams companies SVP sells $116,980 in stock

Published 04/03/2025, 18:56
Williams companies SVP sells $116,980 in stock

TULSA, OK—Wilson Terrance Lane, Senior Vice President and General Counsel at Williams Companies, Inc. (NYSE:WMB), recently sold 2,000 shares of the company’s common stock. The $69 billion market cap energy infrastructure company has delivered impressive returns, with the stock up over 65% in the past year. According to InvestingPro analysis, WMB currently appears overvalued compared to its Fair Value. The transaction, which took place on March 3, 2025, was executed at a price of $58.49 per share, totaling $116,980. This sale was conducted under a pre-arranged 10b5-1 Sales Plan established with a broker in June 2024. Following the transaction, Lane retains ownership of 325,645 shares in the company. The stock, which offers a 3.47% dividend yield and has maintained dividend payments for 52 consecutive years, currently trades at a P/E ratio of 31x. For comprehensive insider trading analysis and additional insights, investors can access the detailed Pro Research Report available on InvestingPro.

In other recent news, Williams Companies reported its fourth-quarter results for 2024, meeting analyst expectations and providing increased EBITDA guidance for 2025. The company also announced the successful issuance of $1.5 billion in senior notes, a strategic move to manage its capital structure. These notes, which include $1.0 billion at 5.600% due in 2035 and $500 million at 6.000% due in 2055, are part of the company’s existing shelf registration. Stifel analysts responded to these developments by raising the company’s stock target to $62, maintaining a Buy rating, while Mizuho (NYSE:MFG) Securities increased their target to $63, retaining an Outperform rating. Both firms highlighted Williams Companies’ strategic positioning in the AI and data center sectors as a key growth driver. Additionally, RBC Capital Markets included Williams Companies in their "Best Ideas" for the U.S. Midstream sector, with a price target increase to $62 and an Outperform rating. The company’s potential partnerships with major hyperscalers are seen as promising, with projects potentially yielding substantial financial benefits. These recent developments reflect confidence in Williams Companies’ future growth and profitability within the energy and AI sectors.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.