Rep. Dwight Evans Sells The Williams Companies, Inc. (NYSE:WMB) Stock

Representative Dwight Evans (D-Pennsylvania) recently sold shares of The Williams Companies, Inc. (NYSE:WMB). In a filing disclosed on April 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Williams Companies stock on April 3rd. The trade occurred in the Representative’s “CETERA” account.

Representative Dwight Evans also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of Intel (NASDAQ:INTC) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of NextEra Energy (NYSE:NEE) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of American Tower (NYSE:AMT) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 4/3/2025.
• Purchased $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 4/3/2025.
• Sold $1,001 – $15,000 in shares of Kinder Morgan (NYSE:KMI) on 4/3/2025.

Williams Companies Stock Performance

Shares of WMB opened at $58.49 on Friday. The company has a market cap of $71.32 billion, a price-to-earnings ratio of 31.96, a P/E/G ratio of 5.01 and a beta of 0.87. The business’s fifty day simple moving average is $57.43 and its two-hundred day simple moving average is $55.80. The Williams Companies, Inc. has a 12 month low of $37.46 and a 12 month high of $61.67. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting the consensus estimate of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Research analysts anticipate that The Williams Companies, Inc. will post 2.08 earnings per share for the current fiscal year.

Williams Companies Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were issued a $0.50 dividend. This is a positive change from Williams Companies’s previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date was Friday, March 14th. Williams Companies’s payout ratio is presently 109.29%.

Hedge Funds Weigh In On Williams Companies

Several large investors have recently made changes to their positions in the business. Board of the Pension Protection Fund bought a new position in Williams Companies in the 4th quarter worth approximately $720,000. Foundations Investment Advisors LLC grew its stake in Williams Companies by 13.8% during the fourth quarter. Foundations Investment Advisors LLC now owns 162,799 shares of the pipeline company’s stock valued at $8,811,000 after acquiring an additional 19,782 shares in the last quarter. Golden State Equity Partners lifted its stake in Williams Companies by 319.9% in the 4th quarter. Golden State Equity Partners now owns 12,038 shares of the pipeline company’s stock worth $651,000 after purchasing an additional 9,171 shares in the last quarter. Cornerstone Wealth Group LLC boosted its holdings in shares of Williams Companies by 81.4% during the 4th quarter. Cornerstone Wealth Group LLC now owns 185,920 shares of the pipeline company’s stock valued at $10,062,000 after purchasing an additional 83,429 shares during the last quarter. Finally, Myriad Asset Management US LP bought a new stake in shares of Williams Companies in the fourth quarter worth about $995,000. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

WMB has been the subject of several research reports. Scotiabank boosted their price objective on shares of Williams Companies from $51.00 to $53.00 and gave the company a “sector perform” rating in a report on Thursday, March 6th. Truist Financial boosted their target price on shares of Williams Companies from $56.00 to $60.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Morgan Stanley raised their price target on Williams Companies from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 25th. Citigroup upped their price objective on Williams Companies from $63.00 to $65.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Finally, CIBC raised their target price on Williams Companies from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 4th. Eight investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to MarketBeat, Williams Companies has an average rating of “Moderate Buy” and an average price target of $57.77.

Insider Buying and Selling

In related news, COO Micheal G. Dunn sold 96,687 shares of Williams Companies stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $53.04, for a total value of $5,128,278.48. Following the completion of the transaction, the chief operating officer now owns 714,693 shares in the company, valued at approximately $37,907,316.72. This trade represents a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Larry C. Larsen sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the sale, the senior vice president now owns 81,265 shares in the company, valued at approximately $4,627,229.10. This trade represents a 8.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 139,583 shares of company stock worth $7,563,278. Corporate insiders own 0.44% of the company’s stock.

About Representative Evans

Dwight Evans (Democratic Party) is a member of the U.S. House, representing Pennsylvania’s 3rd Congressional District. He assumed office on January 3, 2019. His current term ends on January 3, 2027.

Evans (Democratic Party) is running for re-election to the U.S. House to represent Pennsylvania’s 3rd Congressional District. He declared candidacy for the 2026 election.

Evans earned his A.A. from the Community College of Philadelphia in 1973 and his bachelor’s degree from La Salle College in 1975. He then attended Graduate Work at Temple University from 1975 to 1976. His professional experience includes working as an employment counselor/job developer for the Urban League of Philadelphia and as a teacher in the Philadelphia Public School System.

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.