Williams Companies, Inc. (The) (NYSE:WMB) has been assigned an average recommendation of “Buy” from the fifteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $33.80.

A number of equities analysts have recently commented on the stock. BidaskClub raised shares of Williams Companies, Inc. (The) from a “buy” rating to a “strong-buy” rating in a report on Tuesday, August 1st. Zacks Investment Research cut shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Scotiabank set a $30.00 price objective on shares of Williams Companies, Inc. (The) and gave the company a “hold” rating in a research note on Saturday, July 22nd. Barclays PLC raised shares of Williams Companies, Inc. (The) from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $33.00 to $36.00 in a research note on Tuesday, July 18th. Finally, Royal Bank Of Canada boosted their price objective on shares of 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.

Shares of Williams Companies, Inc. (WMB) traded up $0.15 during trading on Friday, hitting $28.26. 3,449,761 shares of the stock were exchanged, compared to its average volume of 4,458,264. The firm has a market cap of $23,363.87, a PE ratio of 47.90, a price-to-earnings-growth ratio of 2.98 and a beta of 1.38. Williams Companies, Inc. has a fifty-two week low of $27.65 and a fifty-two week high of $32.69. The company has a quick ratio of 0.96, a current ratio of 0.99 and a debt-to-equity ratio of 1.40.

Williams Companies, Inc. (The) (NYSE:WMB) last announced its earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $1.79 billion. Williams Companies, Inc. (The) had a net margin of 5.90% and a return on equity of 3.23%. The business’s revenue was down .7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 earnings per share. equities analysts expect that Williams Companies, Inc. will post 0.73 EPS for the current year.

In other news, insider Robyn L. Ewing sold 9,913 shares of the company’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 transaction, the insider now directly owns 27,090 shares of the company’s stock, valued at approximately $812,429.10. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Donald R. Chappel sold 272,088 shares of the company’s stock in a transaction 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 in the company, valued at $1,820,170.24. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 284,001 shares of company stock worth $8,608,319. Corporate insiders own 0.53% of the company’s stock.

Institutional investors have recently added to or reduced their stakes in the stock. Bronfman E.L. Rothschild L.P. boosted its position in shares of Williams Companies, Inc. (The) by 78.6% in the 2nd 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. CWM LLC boosted its position in shares of Williams Companies, Inc. (The) by 300.7% in the 2nd 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. SeaBridge Investment Advisors LLC boosted its position in shares of Williams Companies, Inc. (The) by 41.6% in the 2nd 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. Parallel Advisors LLC boosted its position in shares of Williams Companies, Inc. (The) by 19.9% in the 2nd quarter. Parallel Advisors LLC now owns 5,571 shares of the pipeline company’s stock worth $177,000 after buying an additional 925 shares in the last quarter. Finally, Sun Life Financial INC boosted its position in shares of Williams Companies, Inc. (The) by 46,384.6% in the 2nd quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock worth $183,000 after buying an additional 6,030 shares in the last quarter. Institutional investors and hedge funds own 84.68% of the company’s stock.

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About Williams Companies, Inc. (The)

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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