Williams Cos Inc (NYSE: WMB) is 5.20% higher on its value in year-to-date trading and has touched a low of $27.80 and a high of $37.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WMB stock was last observed hovering at around $36.05 in the last trading session, with the day’s gains setting it 0.59%.
Currently trading at $36.64, the stock is 4.43% and 5.01% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.27 million and changing 1.64% at the moment leaves the stock 7.41% off its SMA200. WMB registered 22.58% gain for a year compared to 6-month gain of 8.34%. The firm has a 50-day simple moving average (SMA 50) of $6.32 and a 200-day simple moving average (SMA200) of $8.94.
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The stock witnessed a 7.64% loss in the last 1 month and extending the period to 3 months gives it a 4.90%, and is 0.74% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 1.95% over the month.
Williams Cos Inc (WMB) has around 5601 employees, a market worth around $44.58B and $9.95B in sales. Current P/E ratio is 14.11 and Fwd P/E is 17.81. Profit margin for the company is 31.92%. Distance from 52-week low is 31.80% and -2.16% from its 52-week high. The company has generated returns on investments over the last 12 months (8.84%).
Williams Cos Inc quarterly earnings per share for the current quarter are estimated at $0.48 with sales reaching $2.81B over the same period.The EPS is expected to shrink by -6.26% this year, but quarterly earnings will post 6.30% year-over-year. Quarterly sales are estimated to shrink -8.90% in year-over-year returns.
Williams Cos Inc (WMB) Top Institutional Holders
1,602 institutions hold shares in Williams Cos Inc (WMB), with institutional investors hold 88.43% of the company’s shares. The shares outstanding are 1.22B, and float is at 1.21B with Short Float at 1.49%. Institutions hold 88.08% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 128.61 million shares valued at $4.2 billion. The investor’s holdings represent 10.57% of the WMB Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 118.18 million shares valued at $3.86 billion to account for 9.72% of the shares outstanding. The other top investors are State Street Corporation which holds 82.59 million shares representing 6.79% and valued at over $2.69 billion, while Bank of America Corporation holds 4.18% of the shares totaling 50.86 million with a market value of $1.66 billion.
Williams Cos Inc (WMB) Insider Activity
The most recent transaction is an insider sale by Larsen Larry C,the company’sSenior Vice President. SEC filings show that Larsen Larry C sold 5,000 shares of the company’s common stock on Mar 06 ’24 at a price of $36.65 per share for a total of $0.18 million. Following the sale, the insider now owns 81016.0 shares.
Williams Cos Inc disclosed in a document filed with the SEC on Jul 07 ’23 that Hallam Scott A. (SVP Transmission & Gulf of Mex) sold a total of 7,193 shares of the company’s common stock. The trade occurred on Jul 07 ’23 and was made at $33.00 per share for $0.24 million. Following the transaction, the insider now directly holds 0.23 million shares of the WMB stock.
Still, SEC filings show that on Jun 28 ’23, Hallam Scott A. (SVP Transmission & Gulf of Mex) disposed off 7,194 shares at an average price of $32.00 for $0.23 million. The insider now directly holds 234,166 shares of Williams Cos Inc (WMB).
