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

The Williams Companies, Inc. (NYSE:WMBGet Rating) has earned an average rating of “Moderate Buy” from the sixteen analysts that are covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, nine have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is $35.86.

WMB has been the topic of a number of recent research reports. TD Securities lifted their price target on shares of Williams Companies from $38.00 to $39.00 and gave the stock a “buy” rating in a research note on Wednesday, August 3rd. Wells Fargo & Company lifted their price objective on Williams Companies from $39.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, August 3rd. Barclays lifted their price objective on Williams Companies from $38.00 to $39.00 and gave the company an “overweight” rating in a report on Tuesday, August 16th. The Goldman Sachs Group cut Williams Companies from a “neutral” rating to a “sell” rating and cut their price objective for the company from $35.00 to $30.00 in a report on Wednesday, September 7th. Finally, Raymond James lifted their price objective on Williams Companies from $40.00 to $42.00 and gave the company a “strong-buy” rating in a report on Wednesday, August 3rd.

Institutional Trading of Williams Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. San Luis Wealth Advisors LLC acquired a new position in shares of Williams Companies during the 1st quarter worth about $25,000. Total Clarity Wealth Management Inc. acquired a new position in shares of Williams Companies in the 2nd quarter valued at approximately $26,000. Riverview Trust Co acquired a new position in shares of Williams Companies in the 1st quarter valued at approximately $27,000. Clearstead Advisors LLC acquired a new position in shares of Williams Companies in the 1st quarter valued at approximately $28,000. Finally, Jones Financial Companies Lllp acquired a new position in shares of Williams Companies in the 2nd quarter valued at approximately $29,000. 85.40% of the stock is owned by institutional investors.

Williams Companies Stock Down 1.0 %

WMB opened at $31.16 on Friday. Williams Companies has a fifty-two week low of $24.86 and a fifty-two week high of $37.97. The company has a debt-to-equity ratio of 1.51, a current ratio of 0.65 and a quick ratio of 0.59. The firm’s fifty day moving average price is $33.34 and its two-hundred day moving average price is $33.58. The company has a market capitalization of $37.97 billion, a P/E ratio of 24.34, a P/E/G ratio of 6.13 and a beta of 1.17.

Williams Companies (NYSE:WMBGet Rating) last posted its quarterly earnings results on Monday, August 1st. The pipeline company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.37 by $0.03. Williams Companies had a net margin of 14.57% and a return on equity of 13.43%. The firm had revenue of $2.49 billion for the quarter, compared to the consensus estimate of $2.42 billion. During the same quarter in the previous year, the company earned $0.27 earnings per share. The business’s revenue was up 9.1% compared to the same quarter last year. On average, analysts anticipate that Williams Companies will post 1.48 EPS for the current year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 26th. Shareholders of record on Friday, September 9th will be issued a dividend of $0.425 per share. The ex-dividend date is Thursday, September 8th. This represents a $1.70 annualized dividend and a yield of 5.46%. Williams Companies’s dividend payout ratio is currently 132.81%.

About Williams Companies

(Get Rating)

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 Transco and Northwest natural gas pipelines; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region, as well as various petrochemical and feedstock pipelines.

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