The Williams Companies, Inc. (NYSE:WMB) Receives Consensus Rating of “Hold” from Analysts

Shares of The Williams Companies, Inc. (NYSE:WMB) have been given an average recommendation of “Hold” by the ten analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $39.22.

Several equities analysts have recently issued reports on WMB shares. Wolfe Research reiterated an “underperform” rating and issued a $34.00 price objective on shares of Williams Companies in a research note on Thursday. Barclays lifted their price objective on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a research note on Thursday, April 11th. Truist Financial lifted their price objective on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research note on Monday, March 25th. Finally, UBS Group boosted their target price on Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research note on Friday, April 12th.

Williams Companies Stock Performance

NYSE WMB opened at $38.53 on Friday. The company has a market cap of $46.95 billion, a P/E ratio of 14.71, a P/E/G ratio of 5.89 and a beta of 1.05. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73. The stock has a 50-day moving average of $36.95 and a two-hundred day moving average of $35.68. Williams Companies has a 1-year low of $28.27 and a 1-year high of $39.76.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same period in the prior year, the company posted $0.53 earnings per share. As a group, analysts anticipate that Williams Companies will post 1.83 EPS for the current year.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a yield of 4.93%. Williams Companies’s dividend payout ratio is presently 72.52%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Rise Advisors LLC acquired a new stake in Williams Companies in the first quarter valued at $27,000. Western Pacific Wealth Management LP acquired a new stake in Williams Companies in the fourth quarter valued at $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Williams Companies in the fourth quarter valued at $26,000. Main Street Group LTD acquired a new stake in Williams Companies in the fourth quarter valued at $28,000. Finally, FSC Wealth Advisors LLC acquired a new stake in Williams Companies in the third quarter valued at $27,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.