Williams companies SVP Terrance Wilson sells $135,700 in stock
Williams Companies' Senior Vice President and General Counsel, Terrance Lane Wilson, divested 2,000 shares of the company's stock on October 1, 2026. The sale, conducted at a $67.85 per share price, amounted to $135,700. This transaction was executed in accordance with a 10b5-1 Sales Plan initiated by Wilson in September 2025. Currently, the stock price stands at $69.86, and InvestingPro analysis suggests that the company is overvalued compared to its Fair Value.
As a result of this transaction, Wilson directly owns 262,259 shares in Williams Companies. The company has a strong track record of paying dividends for 53 consecutive years and offers a 3.03% yield, making it one of 11 exclusive tips for subscribers. Additionally, Williams Companies reported its Q2 2026 earnings, surpassing analysts' expectations with revenue of $3.05 billion, exceeding the projected $2.83 billion.
The company also met earnings guidance with adjusted earnings of $0.50 per share. In response to this performance, RBC Capital raised its price target to $87, maintaining an Outperform rating. Barclays also reinstated coverage, this time with an overweight rating, praising the company's expansion into behind-the-meter power. Lastly, Melius initiated coverage with a Buy rating, appreciating Williams Companies' unique power strategy and financing through a Blackstone-led sale.
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