Williams Companies, Inc. (The) (NYSE:WMB) has been given a $32.00 target price by equities researchers at BMO Capital Markets in a research report issued to clients and investors on Thursday, June 15th. The brokerage currently has a “buy” rating on the pipeline company’s stock. BMO Capital Markets’ target price indicates a potential upside of 1.81% from the company’s current price.

A number of other analysts have also issued reports on WMB. Jefferies Group LLC restated a “buy” rating and issued a $34.00 target price on shares of Williams Companies, Inc. (The) in a report on Friday, March 31st. Royal Bank Of Canada restated a “buy” rating and issued a $34.00 target price on shares of Williams Companies, Inc. (The) in a report on Tuesday, June 6th. Barclays PLC restated a “hold” rating and issued a $33.00 target price on shares of Williams Companies, Inc. (The) in a report on Tuesday, May 16th. Zacks Investment Research lowered Williams Companies, Inc. (The) from a “hold” rating to a “strong sell” rating in a report on Wednesday, February 22nd. Finally, Wells Fargo & Company upgraded Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a report on Monday, May 15th. Four research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $32.80.

Williams Companies, Inc. (NYSE:WMB) traded up 0.87% during trading on Thursday, hitting $31.43. The stock had a trading volume of 4,441,069 shares. The stock has a market cap of $25.97 billion, a PE ratio of 2095.33 and a beta of 1.38. The firm’s 50-day moving average price is $29.37 and its 200-day moving average price is $29.47. Williams Companies, Inc. has a 1-year low of $19.68 and a 1-year high of $32.69.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings data on Wednesday, May 3rd. The pipeline company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.06. The company had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.98 billion. Williams Companies, Inc. (The) had a return on equity of 3.74% and a net margin of 0.18%. During the same period in the prior year, the business earned $0.03 earnings per share. On average, equities research analysts predict that Williams Companies, Inc. will post $0.97 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Friday, June 9th were issued a dividend of $0.30 per share. The ex-dividend date was Wednesday, June 7th. This represents a $1.20 annualized dividend and a yield of 3.82%. Williams Companies, Inc. (The)’s dividend payout ratio (DPR) is currently -3,998.67%.

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In other Williams Companies, Inc. (The) news, insider Robyn L. Ewing sold 81,561 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $31.14, for a total transaction of $2,539,809.54. Following the transaction, the insider now directly owns 47,003 shares in the company, valued at $1,463,673.42. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Alan S. Armstrong bought 15,000 shares of the business’s stock in a transaction on Thursday, June 15th. The shares were bought at an average price of $28.60 per share, for a total transaction of $429,000.00. Following the completion of the acquisition, the chief executive officer now owns 345,527 shares of the company’s stock, valued at $9,882,072.20. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 38,750 shares of company stock worth $1,107,110 and have sold 92,561 shares worth $2,876,240. 0.53% of the stock is owned by company insiders.

Large investors have recently modified their holdings of the stock. CENTRAL TRUST Co increased its stake in shares of Williams Companies, Inc. (The) by 2.3% in the second quarter. CENTRAL TRUST Co now owns 8,280 shares of the pipeline company’s stock valued at $251,000 after buying an additional 188 shares in the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Williams Companies, Inc. (The) by 516.1% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 134,073 shares of the pipeline company’s stock valued at $4,060,000 after buying an additional 112,310 shares in the last quarter. Meeder Asset Management Inc. increased its stake in shares of Williams Companies, Inc. (The) by 185.7% in the second quarter. Meeder Asset Management Inc. now owns 130,101 shares of the pipeline company’s stock valued at $3,939,000 after buying an additional 84,569 shares in the last quarter. Hallmark Capital Management Inc. increased its stake in shares of Williams Companies, Inc. (The) by 87.2% in the second quarter. Hallmark Capital Management Inc. now owns 9,125 shares of the pipeline company’s stock valued at $276,000 after buying an additional 4,250 shares in the last quarter. Finally, National Pension Service increased its stake in shares of Williams Companies, Inc. (The) by 12.0% in the second quarter. National Pension Service now owns 768,092 shares of the pipeline company’s stock valued at $22,889,000 after buying an additional 82,314 shares in the last quarter. 84.55% of the stock is currently owned by institutional investors.

Williams Companies, Inc. (The) Company Profile

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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