Shares of Williams Companies, Inc. (The) (NYSE:WMB) have earned a consensus recommendation of “Buy” from the sixteen ratings firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $33.82.

A number of research firms recently weighed in on WMB. BidaskClub downgraded Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 8th. Sanford C. Bernstein restated an “outperform” rating on shares of Williams Companies, Inc. (The) in a research note on Thursday, August 10th. Royal Bank Of Canada lifted their price target on Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the company an “outperform” rating in a research note on Friday, August 4th. Zacks Investment Research downgraded Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, BMO Capital Markets set a $32.00 price target on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, June 15th.

Shares of Williams Companies, Inc. (NYSE:WMB) traded up 1.69% on Tuesday, hitting $29.50. The stock had a trading volume of 2,909,944 shares. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69. The company has a market cap of $24.39 billion, a price-to-earnings ratio of 46.53 and a beta of 1.38. The firm’s 50-day moving average is $30.81 and its 200-day moving average is $29.74.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The business had revenue of $1.92 billion during the quarter, compared to analysts’ expectations of $2.26 billion. During the same quarter last year, the firm earned $0.19 earnings per share. On average, analysts expect that Williams Companies, Inc. will post $0.92 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Friday, September 8th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, September 7th. This represents a $1.20 annualized dividend and a yield of 4.07%. Williams Companies, Inc. (The)’s dividend payout ratio is presently 196.72%.

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In related news, Director Michael A. Creel purchased 5,000 shares of the business’s stock in a transaction dated Friday, May 26th. The stock was bought at an average cost of $29.67 per share, with a total value of $148,350.00. Following the completion of the acquisition, the director now directly owns 5,000 shares in the company, valued at approximately $148,350. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Alan S. Armstrong purchased 15,000 shares of the business’s stock in a transaction dated Thursday, June 15th. The stock was bought at an average cost of $28.60 per share, with a total value of $429,000.00. Following the completion of the acquisition, the chief executive officer now owns 345,527 shares of the company’s stock, valued at $9,882,072.20. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 42,750 shares of company stock valued at $1,221,130. 0.50% of the stock is currently owned by insiders.

Several institutional investors have recently added to or reduced their stakes in WMB. Massey Quick & Co. LLC bought a new position in Williams Companies, Inc. (The) during the first quarter worth $121,000. Bronfman E.L. Rothschild L.P. boosted its position in Williams Companies, Inc. (The) by 78.6% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after buying an additional 1,997 shares during the period. Acrospire Investment Management LLC boosted 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 worth $139,000 after buying an additional 1,000 shares during the period. Parallel Advisors LLC boosted 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 worth $143,000 after buying an additional 2,573 shares during the period. Finally, CWM LLC boosted its position in Williams Companies, Inc. (The) by 300.7% in the second quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after buying an additional 3,672 shares during the period. 83.33% of the stock is owned by institutional investors.

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.

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

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