Shares of Williams Companies, Inc. (The) (NYSE:WMB) have earned an average rating of “Buy” from the twenty brokerages that are currently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $33.08.

A number of analysts recently commented on the stock. BidaskClub upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Wells Fargo & Company upgraded shares of Williams Companies, Inc. (The) from a “market perform” rating to an “outperform” rating in a research note on Monday, May 15th. Scotiabank restated a “hold” rating and set a $30.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. Citigroup Inc. upgraded shares of Williams Companies, Inc. (The) from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $32.00 to $36.00 in a research note on Friday, April 7th. Finally, Zacks Investment Research upgraded shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research note on Thursday.

In related news, Director Michael A. Creel bought 5,000 shares of the firm’s stock in a transaction on Friday, May 26th. The shares were bought at an average price of $29.67 per share, with a total value of $148,350.00. Following the completion of the transaction, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $148,350. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Charles I. Cogut bought 1,000 shares of the firm’s stock in a transaction on Wednesday, May 10th. The stock was bought at an average cost of $30.63 per share, for a total transaction of $30,630.00. Following the transaction, the director now directly owns 1,000 shares of the company’s stock, valued at $30,630. The disclosure for this purchase can be found here. In the last three months, insiders have bought 38,750 shares of company stock worth $1,107,110 and have sold 92,561 shares worth $2,876,240. Insiders own 0.53% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Chevy Chase Trust Holdings Inc. raised its stake in shares of Williams Companies, Inc. (The) by 24.6% in the first quarter. Chevy Chase Trust Holdings Inc. now owns 711,910 shares of the pipeline company’s stock worth $21,065,000 after buying an additional 140,422 shares during the period. Highbridge Capital Management LLC raised its stake in shares of Williams Companies, Inc. (The) by 133.8% in the fourth quarter. Highbridge Capital Management LLC now owns 507,840 shares of the pipeline company’s stock worth $15,814,000 after buying an additional 290,675 shares during the period. Searle & CO. acquired a new stake in shares of Williams Companies, Inc. (The) during the fourth quarter worth about $259,000. Kentucky Retirement Systems Insurance Trust Fund acquired a new stake in shares of Williams Companies, Inc. (The) during the fourth quarter worth about $689,000. Finally, Kentucky Retirement Systems acquired a new stake in shares of Williams Companies, Inc. (The) during the fourth quarter worth about $1,544,000. Institutional investors own 84.55% of the company’s stock.

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Shares of Williams Companies, Inc. (NYSE:WMB) traded up 0.87% during midday trading on Monday, hitting $31.43. The company had a trading volume of 4,441,069 shares. Williams Companies, Inc. has a 12-month low of $22.39 and a 12-month high of $32.69. The company has a market capitalization of $25.97 billion, a price-to-earnings ratio of 2095.33 and a beta of 1.38. The company’s 50-day moving average price is $29.37 and its 200 day moving average price is $29.47.

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

The firm also recently announced a quarterly dividend, which was paid on Monday, June 26th. Shareholders of record on Friday, June 9th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend 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 presently -3,998.67%.

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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