Williams Companies, Inc. (The) (NYSE:WMB) has been given a $34.00 price objective by investment analysts at Jefferies Group LLC in a report issued on Friday. The firm presently has a “buy” rating on the pipeline company’s stock. Jefferies Group LLC’s price objective indicates a potential upside of 17.28% from the stock’s previous close.

WMB has been the topic of a number of other research reports. Scotiabank reiterated a “hold” rating and issued a $30.00 target price on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. Barclays PLC reiterated a “hold” rating and issued a $33.00 target price on shares of Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. Sanford C. Bernstein initiated coverage on Williams Companies, Inc. (The) in a research note on Tuesday, May 16th. They issued an “outperform” rating on the stock. BMO Capital Markets reiterated a “buy” rating and issued a $32.00 target price on shares of Williams Companies, Inc. (The) in a research note on Wednesday, May 3rd. Finally, Wells Fargo & Company upgraded Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 15th. Five analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the company. Williams Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $32.39.

Analyst Recommendations for Williams Companies, Inc. (The) (NYSE:WMB)

Shares of Williams Companies, Inc. (NYSE WMB) traded down 0.65% on Friday, hitting $28.93. 2,046,387 shares of the company traded hands. The firm’s 50 day moving average price is $29.77 and its 200-day moving average price is $29.59. The stock has a market capitalization of $23.90 billion, a price-to-earnings ratio of 1928.67 and a beta of 1.33. Williams Companies, Inc. has a 1-year low of $19.60 and a 1-year high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last issued its quarterly earnings results on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by $0.06. The company had revenue of $1.99 billion during the quarter, compared to the consensus estimate of $1.98 billion. Williams Companies, Inc. (The) had a return on equity of 3.74% and a net margin of 0.18%. During the same quarter in the prior year, the business earned $0.03 earnings per share. On average, equities research analysts expect that Williams Companies, Inc. will post $0.97 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, June 26th. Stockholders of record on Friday, June 9th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Wednesday, June 7th. This represents a $1.20 annualized dividend and a dividend yield of 4.14%. Williams Companies, Inc. (The)’s dividend payout ratio is currently -3,998.67%.

COPYRIGHT VIOLATION NOTICE: This report was published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/06/17/williams-companies-inc-the-wmb-receives-buy-rating-from-jefferies-group-llc.html.

In other news, insider Robyn L. Ewing sold 81,561 shares of the firm’s stock in a transaction on Monday, May 15th. The stock was sold at an average price of $31.14, for a total transaction of $2,539,809.54. Following the transaction, the insider now owns 47,003 shares in the company, valued at $1,463,673.42. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Charles I. Cogut purchased 1,000 shares of the business’s stock in a transaction dated Wednesday, May 10th. The shares were purchased at an average price of $30.63 per share, for a total transaction of $30,630.00. Following the purchase, the director now owns 1,000 shares of the company’s stock, valued at approximately $30,630. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 21,000 shares of company stock worth $607,980 and have sold 92,561 shares worth $2,876,240. Company insiders own 0.50% of the company’s stock.

Several institutional investors have recently made changes to their positions in WMB. SeaBridge Investment Advisors LLC purchased a new position in shares of Williams Companies, Inc. (The) during the first quarter valued at approximately $109,000. Massey Quick & Co. LLC bought a new position in Williams Companies, Inc. (The) during the first quarter valued at about $121,000. Acrospire Investment Management LLC raised its position in Williams Companies, Inc. (The) by 27.0% in the first quarter. Acrospire Investment Management LLC now owns 4,700 shares of the pipeline company’s stock valued at $139,000 after buying an additional 1,000 shares during the period. Parallel Advisors LLC raised its position in Williams Companies, Inc. (The) by 124.1% in the first quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock valued at $143,000 after buying an additional 2,573 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in Williams Companies, Inc. (The) by 38.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 5,516 shares of the pipeline company’s stock valued at $163,000 after buying an additional 1,534 shares during the period. Hedge funds and other institutional investors own 85.66% of the company’s stock.

Williams Companies, Inc. (The) Company Profile

The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.

Receive News & Ratings for Williams Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.