Williams Companies Target of Unusually High Options Trading (NYSE:WMB)

The Williams Companies, Inc. (NYSE:WMBGet Free Report) was the recipient of unusually large options trading activity on Thursday. Stock traders bought 131,008 call options on the stock. This is an increase of 2,839% compared to the typical volume of 4,458 call options.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. CIBC lifted their target price on Williams Companies from $38.00 to $39.00 and gave the stock a “neutral” rating in a research report on Wednesday, May 8th. UBS Group lifted their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a report on Friday, April 12th. Stifel Nicolaus increased their target price on shares of Williams Companies from $40.00 to $43.00 and gave the stock a “buy” rating in a report on Wednesday, May 8th. Barclays lifted their price target on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Finally, Wolfe Research reiterated an “underperform” rating and set a $34.00 price objective on shares of Williams Companies in a research note on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $40.45.

Get Our Latest Research Report on Williams Companies

Williams Companies Stock Down 0.4 %

Shares of WMB stock opened at $41.42 on Friday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.52 and a quick ratio of 0.48. The stock has a market cap of $50.48 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 6.51 and a beta of 1.05. The stock has a fifty day moving average price of $39.56 and a 200 day moving average price of $36.91. Williams Companies has a one year low of $30.10 and a one year high of $41.89.

Williams Companies (NYSE:WMBGet Free Report) last issued its quarterly earnings data on Monday, May 6th. The pipeline company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.49 by $0.10. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The business had revenue of $2.77 billion for the quarter, compared to the consensus estimate of $2.69 billion. During the same quarter last year, the business posted $0.56 EPS. The firm’s revenue was down 10.1% compared to the same quarter last year. Analysts predict that Williams Companies will post 1.85 earnings per share for the current year.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Investors of record on Friday, June 7th will be issued a dividend of $0.475 per share. The ex-dividend date is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a yield of 4.59%. Williams Companies’s payout ratio is 79.83%.

Insiders Place Their Bets

In other news, SVP Debbie L. Pickle sold 38,200 shares of the company’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $39.61, for a total transaction of $1,513,102.00. Following the completion of the sale, the senior vice president now directly owns 60,410 shares in the company, valued at approximately $2,392,840.10. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.44% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Williams Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Western Pacific Wealth Management LP acquired a new stake in Williams Companies during the 4th quarter worth approximately $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Williams Companies during the fourth quarter worth $26,000. Rise Advisors LLC bought a new stake in shares of Williams Companies in the first quarter valued at about $27,000. Fairman Group LLC acquired a new position in shares of Williams Companies in the fourth quarter valued at about $31,000. Finally, CGC Financial Services LLC bought a new position in Williams Companies during the fourth quarter worth about $35,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies Company Profile

(Get Free Report)

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.

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