Wall Street analysts expect Williams Companies, Inc. (The) (NYSE:WMB) to post earnings per share (EPS) of $0.19 for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Williams Companies, Inc. (The)’s earnings. The lowest EPS estimate is $0.14 and the highest is $0.23. Williams Companies, Inc. (The) reported earnings of $0.20 per share in the same quarter last year, which would indicate a negative year over year growth rate of 5%. The firm is expected to report its next earnings report on Monday, October 30th.

On average, analysts expect that Williams Companies, Inc. (The) will report full-year earnings of $0.91 per share for the current year, with EPS estimates ranging from $0.83 to $0.98. For the next financial year, analysts anticipate that the business will report earnings of $0.86 per share, with EPS estimates ranging from $0.69 to $1.13. Zacks’ earnings per share calculations are an average based on a survey of analysts that cover Williams Companies, Inc. (The).

Williams Companies, Inc. (The) (NYSE:WMB) last released 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). Williams Companies, Inc. (The) had a return on equity of 3.43% and a net margin of 6.24%. The firm had revenue of $1.92 billion during the quarter, compared to analyst estimates of $2.26 billion. During the same quarter in the prior year, the company posted $0.19 EPS.

WMB has been the topic of a number of recent research reports. BidaskClub lowered Williams Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. Zacks Investment Research raised Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research report on Monday, July 24th. Jefferies Group LLC set a $34.00 target price on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research report on Friday, June 16th. BMO Capital Markets set a $32.00 target price on Williams Companies, Inc. (The) and gave the company a “buy” rating in a research report on Thursday, June 15th. Finally, Scotiabank set a $30.00 target price on Williams Companies, Inc. (The) and gave the company a “hold” rating in a research report on Saturday, July 22nd. Four investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $34.00.

In related news, insider Donald R. Chappel sold 272,088 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The stock was sold at an average price of $30.32, for a total transaction of $8,249,708.16. Following the transaction, the insider now directly owns 60,032 shares of the company’s stock, valued at approximately $1,820,170.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 8th. The stock was sold at an average price of $30.66, for a total value of $61,320.00. Following the transaction, the vice president now directly owns 11,094 shares in the company, valued at $340,142.04. The disclosure for this sale can be found here. Insiders have sold a total of 284,001 shares of company stock worth $8,608,319 over the last three months. 0.53% of the stock is owned by insiders.

Several hedge funds have recently bought and sold shares of the stock. W. E. Donoghue & Co. LLC acquired a new position in shares of Williams Companies, Inc. (The) during the 2nd quarter worth approximately $16,831,000. Gs Investments Inc. acquired a new position in shares of Williams Companies, Inc. (The) during the 2nd quarter worth approximately $598,000. Brookfield Asset Management Inc. increased its holdings in shares of Williams Companies, Inc. (The) by 17.7% during the 2nd quarter. Brookfield Asset Management Inc. now owns 5,191,252 shares of the pipeline company’s stock worth $157,191,000 after acquiring an additional 781,790 shares during the last quarter. Lord Abbett & CO. LLC increased its holdings in shares of Williams Companies, Inc. (The) by 0.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 2,180,300 shares of the pipeline company’s stock worth $66,019,000 after acquiring an additional 11,000 shares during the last quarter. Finally, Sentry Investment Management LLC increased its holdings in shares of Williams Companies, Inc. (The) by 2.5% during the 2nd quarter. Sentry Investment Management LLC now owns 65,022 shares of the pipeline company’s stock worth $1,969,000 after acquiring an additional 1,614 shares during the last quarter. 84.71% of the stock is currently owned by institutional investors and hedge funds.

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Williams Companies, Inc. (WMB) traded down 0.76% during trading on Friday, reaching $30.11. The company had a trading volume of 2,649,078 shares. Williams Companies, Inc. has a 52-week low of $27.35 and a 52-week high of $32.69. The company has a 50 day moving average price of $29.90 and a 200 day moving average price of $30.02. The company has a market capitalization of $24.89 billion, a PE ratio of 47.49 and a beta of 1.38.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Friday, September 8th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 3.99%. The ex-dividend date of this dividend was Thursday, September 7th. Williams Companies, Inc. (The)’s payout ratio is presently 196.72%.

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.

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Earnings History and Estimates for Williams Companies, Inc. (The) (NYSE:WMB)

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