Williams Companies, Inc. (The) (NYSE:WMB) has been assigned a consensus recommendation of “Buy” from the sixteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $33.82.

WMB has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 price objective on the stock in a research note on Monday, July 24th. Jefferies Group LLC set a $34.00 price objective on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Friday, June 16th. BMO Capital Markets set a $32.00 price objective on shares of Williams Companies, Inc. (The) and gave the company a “buy” rating in a research note on Thursday, June 15th. Royal Bank Of Canada restated a “buy” rating and issued a $34.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Tuesday, June 6th. Finally, BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th.

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Williams Companies, Inc. (WMB) traded down 0.36% during midday trading on Friday, hitting $30.30. 6,718,454 shares of the stock traded hands. The company has a market cap of $25.05 billion, a P/E ratio of 47.79 and a beta of 1.39. Williams Companies, Inc. has a one year low of $27.35 and a one year high of $32.69. The company’s 50 day moving average is $30.14 and its 200-day moving average is $29.88.

Williams Companies, Inc. (The) (NYSE:WMB) last posted its quarterly earnings data on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.06). The business had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.26 billion. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. During the same quarter in the prior year, the firm posted $0.19 earnings per share. On average, equities research analysts forecast that Williams Companies, Inc. will post $0.85 EPS for the current fiscal year.

The business 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. This represents a $1.20 dividend on an annualized basis and a yield of 3.96%. The ex-dividend date of this dividend is Thursday, September 7th. Williams Companies, Inc. (The)’s dividend payout ratio is currently 196.72%.

In related news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction dated Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total transaction of $61,320.00. Following the sale, the vice president now owns 11,094 shares of the company’s stock, valued at $340,142.04. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Stephen W. Bergstrom acquired 17,750 shares of the firm’s stock in a transaction that occurred on Tuesday, June 20th. The shares were bought at an average cost of $28.12 per share, for a total transaction of $499,130.00. Following the acquisition, the director now owns 17,750 shares of the company’s stock, valued at approximately $499,130. The disclosure for this purchase can be found here. 0.53% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the stock. Massey Quick & Co. LLC purchased a new stake in Williams Companies, Inc. (The) during the first quarter worth about $121,000. Bronfman E.L. Rothschild L.P. boosted its holdings in Williams Companies, Inc. (The) by 78.6% during 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 in the last quarter. Parallel Advisors LLC boosted its holdings in Williams Companies, Inc. (The) by 124.1% during 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 in the last quarter. CWM LLC boosted its holdings in Williams Companies, Inc. (The) by 300.7% during 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 in the last quarter. Finally, SeaBridge Investment Advisors LLC boosted its holdings in Williams Companies, Inc. (The) by 41.6% during the second quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after buying an additional 1,530 shares in the last quarter. 84.65% of the stock is currently owned by hedge funds and other 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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