The Williams Companies, Inc. (NYSE:WMB) Receives $50.38 Consensus Target Price from Analysts

The Williams Companies, Inc. (NYSE:WMB) has earned an average rating of “Moderate Buy” from the sixteen ratings firms that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and nine have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $50.38.

WMB has been the subject of several research reports. Royal Bank of Canada raised their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 16th. Mizuho boosted their price target on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Seaport Res Ptn cut Williams Companies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 30th. StockNews.com lowered Williams Companies from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th. Finally, Citigroup raised their price target on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd.

Insider Buying and Selling

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the transaction, the senior vice president now owns 304,200 shares of the company’s stock, valued at approximately $13,777,218. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.44% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Williams Companies

A number of institutional investors have recently modified their holdings of WMB. SouthState Corp acquired a new stake in Williams Companies during the second quarter worth approximately $31,000. GHP Investment Advisors Inc. bought a new position in shares of Williams Companies in the second quarter worth $34,000. Rosenberg Matthew Hamilton raised its stake in Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 252 shares in the last quarter. Quarry LP bought a new stake in Williams Companies during the second quarter worth about $35,000. Finally, Kimelman & Baird LLC acquired a new stake in Williams Companies during the second quarter worth about $42,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Stock Up 1.6 %

Williams Companies stock opened at $56.32 on Wednesday. The company has a 50 day moving average of $48.81 and a 200-day moving average of $44.34. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 1.64. Williams Companies has a twelve month low of $32.65 and a twelve month high of $56.80. The stock has a market capitalization of $68.64 billion, a PE ratio of 23.76, a price-to-earnings-growth ratio of 6.19 and a beta of 1.03.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a net margin of 27.36% and a return on equity of 15.90%. The firm had revenue of $2.65 billion during the quarter, compared to analyst estimates of $2.52 billion. During the same period in the prior year, the business earned $0.45 EPS. The company’s revenue for the quarter was up 3.7% compared to the same quarter last year. On average, equities research analysts anticipate that Williams Companies will post 1.91 EPS for the current fiscal year.

Williams Companies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Stockholders of record on Friday, December 13th will be paid a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 3.37%. The ex-dividend date of this dividend is Friday, December 13th. Williams Companies’s dividend payout ratio is presently 80.17%.

Williams Companies Company Profile

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.