Williams Companies, Inc. (The) (NYSE:WMB)‘s stock had its “outperform” rating reaffirmed by stock analysts at Sanford C. Bernstein in a research note issued to investors on Thursday.

WMB has been the topic of a number of other research reports. BidaskClub raised shares of Williams Companies, Inc. (The) from a “hold” rating to a “buy” rating in a research report 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. Royal Bank Of Canada raised their price objective on shares of Williams Companies, Inc. (The) from $34.00 to $36.00 and gave the stock an “outperform” rating in a research note on Friday, August 4th. Scotiabank restated a “hold” rating and issued a $30.00 price objective on shares of Williams Companies, Inc. (The) in a research note on Thursday, April 27th. Finally, Zacks Investment Research downgraded shares of Williams Companies, Inc. (The) from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Four analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $34.00.

Williams Companies, Inc. (NYSE:WMB) opened at 30.63 on Thursday. Williams Companies, Inc. has a 1-year low of $24.62 and a 1-year high of $32.69. The company has a market capitalization of $25.31 billion, a P/E ratio of 2042.00 and a beta of 1.38. The firm’s 50-day moving average is $30.32 and its 200-day moving average is $29.57.

Williams Companies, Inc. (The) (NYSE:WMB) last released its quarterly earnings results on Wednesday, August 2nd. The pipeline company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. Williams Companies, Inc. (The) had a net margin of 6.24% and a return on equity of 3.43%. The firm had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the prior year, the business earned $0.19 EPS. Equities research analysts predict that Williams Companies, Inc. will post $1.05 EPS for the current year.

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In other news, VP Ted T. Timmermans sold 2,000 shares of the business’s stock in a transaction on Tuesday, August 8th. The shares were sold at an average price of $30.66, for a total value of $61,320.00. Following the sale, the vice president now owns 11,094 shares in the company, valued at approximately $340,142.04. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Ted T. Timmermans sold 1,000 shares of the business’s stock in a transaction on Tuesday, May 16th. The shares were sold at an average price of $30.73, for a total transaction of $30,730.00. Following the completion of the sale, the vice president now owns 13,094 shares in the company, valued at approximately $402,378.62. The disclosure for this sale can be found here. In the last quarter, insiders have acquired 37,750 shares of company stock worth $1,076,480 and have sold 94,561 shares worth $2,937,560. 0.50% of the stock is owned by insiders.

Several large investors have recently modified their holdings of the stock. Regent Investment Management LLC increased its stake in shares of Williams Companies, Inc. (The) by 165.8% in the first quarter. Regent Investment Management LLC now owns 71,525 shares of the pipeline company’s stock valued at $2,116,000 after buying an additional 44,615 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in shares of Williams Companies, Inc. (The) by 18.1% in the first quarter. Louisiana State Employees Retirement System now owns 50,800 shares of the pipeline company’s stock valued at $1,503,000 after buying an additional 7,800 shares in the last quarter. Doyle Wealth Management purchased a new stake in shares of Williams Companies, Inc. (The) during the first quarter valued at approximately $15,718,000. Viking Fund Management LLC increased its stake in shares of Williams Companies, Inc. (The) by 34.3% in the first quarter. Viking Fund Management LLC now owns 671,600 shares of the pipeline company’s stock valued at $19,872,000 after buying an additional 171,600 shares in the last quarter. Finally, BLB&B Advisors LLC increased its stake in shares of Williams Companies, Inc. (The) by 45.9% in the first quarter. BLB&B Advisors LLC now owns 40,529 shares of the pipeline company’s stock valued at $1,199,000 after buying an additional 12,744 shares in the last quarter. Institutional investors own 84.31% of the company’s stock.

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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