Williams Companies, Inc. (The) (NYSE:WMB) has been assigned an average rating of “Buy” from the fifteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $33.80.

Several equities research analysts recently issued reports on WMB shares. BMO Capital Markets set a $32.00 price target on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Thursday, June 15th. Jefferies Group LLC set a $34.00 price target on shares of Williams Companies, Inc. (The) and gave the stock a “buy” rating in a research note on Friday, June 16th. BidaskClub raised shares of Williams Companies, Inc. (The) from a “sell” rating to a “hold” rating in a research note on Tuesday, June 27th. Zacks Investment Research raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price target on the stock in a research note on Thursday, July 13th. Finally, Barclays PLC raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and lifted their price target for the stock from $33.00 to $36.00 in a research note on Tuesday, July 18th.

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In other Williams Companies, Inc. (The) news, insider Robyn L. Ewing sold 9,913 shares of the firm’s stock in a transaction on Wednesday, September 27th. The shares were sold at an average price of $29.99, for a total transaction of $297,290.87. Following the completion of the transaction, the insider now directly owns 27,090 shares of the company’s stock, valued at approximately $812,429.10. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephen I. Chazen acquired 5,000 shares of the firm’s stock in a transaction on Monday, August 21st. The shares were bought at an average cost of $28.93 per share, with a total value of $144,650.00. Following the completion of the acquisition, the director now owns 10,000 shares in the company, valued at $289,300. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 284,001 shares of company stock valued at $8,608,319. 0.50% of the stock is owned by company insiders.

A number of hedge funds have recently made changes to their positions in WMB. Bronfman E.L. Rothschild L.P. grew its holdings in Williams Companies, Inc. (The) by 78.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after acquiring an additional 1,997 shares in the last quarter. Parallel Advisors LLC grew its holdings in Williams Companies, Inc. (The) by 124.1% during the 1st quarter. Parallel Advisors LLC now owns 4,646 shares of the pipeline company’s stock worth $143,000 after acquiring an additional 2,573 shares in the last quarter. CWM LLC grew its holdings in Williams Companies, Inc. (The) by 300.7% during the 2nd quarter. CWM LLC now owns 4,893 shares of the pipeline company’s stock worth $148,000 after acquiring an additional 3,672 shares in the last quarter. SeaBridge Investment Advisors LLC grew its holdings in Williams Companies, Inc. (The) by 41.6% during the 2nd quarter. SeaBridge Investment Advisors LLC now owns 5,210 shares of the pipeline company’s stock worth $158,000 after acquiring an additional 1,530 shares in the last quarter. Finally, Sun Life Financial INC grew its holdings in Williams Companies, Inc. (The) by 46,384.6% during the 2nd quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock worth $183,000 after acquiring an additional 6,030 shares in the last quarter. 84.69% of the stock is owned by institutional investors.

Shares of Williams Companies, Inc. (WMB) traded up 0.43% during trading on Wednesday, hitting $30.16. 3,809,099 shares of the company were exchanged. The stock has a market cap of $24.93 billion, a P/E ratio of 47.57 and a beta of 1.38. Williams Companies, Inc. has a 12 month low of $27.35 and a 12 month high of $32.69. The company’s 50-day moving average price is $29.99 and its 200 day moving average price is $30.07.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate 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 for the quarter, compared to analysts’ expectations of $2.26 billion. During the same period last year, the firm earned $0.19 EPS. On average, equities analysts predict that Williams Companies, Inc. will post $0.83 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Friday, September 8th were issued a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 3.98%. The ex-dividend date of this dividend was Thursday, September 7th. Williams Companies, Inc. (The)’s dividend payout ratio is currently 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.

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

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