Williams Companies Inc (NYSE:WMB) – Research analysts at Jefferies Group issued their Q1 2018 earnings per share (EPS) estimates for Williams Companies in a report issued on Wednesday, Zacks Investment Research reports. Jefferies Group analyst C. Sighinolfi anticipates that the pipeline company will post earnings per share of $0.25 for the quarter. Jefferies Group has a “Buy” rating and a $37.00 price objective on the stock. Jefferies Group also issued estimates for Williams Companies’ FY2020 earnings at $1.41 EPS and FY2021 earnings at $1.47 EPS.
Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.04). The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $1.79 billion. Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The business’s quarterly revenue was down .7% on a year-over-year basis. During the same period last year, the firm posted $0.20 EPS.
Other equities research analysts have also recently issued research reports about the company. Wolfe Research assumed coverage on Williams Companies in a report on Monday, September 25th. They set an “outperform” rating and a $34.00 price target on the stock. Bank of America assumed coverage on shares of Williams Companies in a research note on Tuesday. They set a “buy” rating on the stock. Royal Bank of Canada reiterated a “buy” rating and set a $36.00 price objective on shares of Williams Companies in a research note on Monday, October 16th. Credit Suisse Group assumed coverage on shares of Williams Companies in a research note on Thursday, January 4th. They set an “outperform” rating and a $36.00 price objective on the stock. Finally, Morgan Stanley lowered their price objective on shares of Williams Companies from $34.00 to $33.00 and set an “overweight” rating on the stock in a research note on Friday, November 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $34.33.
Williams Companies (WMB) traded up $0.11 on Thursday, hitting $33.21. The stock had a trading volume of 4,369,300 shares, compared to its average volume of 4,910,198. The company has a market capitalization of $27,365.31, a PE ratio of 58.26, a PEG ratio of 2.88 and a beta of 1.37. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.91 and a current ratio of 0.97. Williams Companies has a 52 week low of $26.82 and a 52 week high of $33.38.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th were given a $0.30 dividend. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.20 annualized dividend and a yield of 3.61%. Williams Companies’s dividend payout ratio (DPR) is 210.53%.
In other Williams Companies news, VP Ted T. Timmermans sold 1,500 shares of Williams Companies stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $28.75, for a total value of $43,125.00. Following the transaction, the vice president now owns 9,594 shares in the company, valued at $275,827.50. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider James E. Scheel sold 26,915 shares of Williams Companies stock in a transaction that occurred on Thursday, January 11th. The stock was sold at an average price of $33.00, for a total transaction of $888,195.00. The disclosure for this sale can be found here. Insiders own 0.53% of the company’s stock.
A number of institutional investors have recently bought and sold shares of WMB. Capital International Investors grew its position in Williams Companies by 1,660.2% in the second quarter. Capital International Investors now owns 7,384,300 shares of the pipeline company’s stock worth $223,597,000 after buying an additional 6,964,791 shares during the last quarter. BlackRock Inc. boosted its stake in Williams Companies by 9.9% in the 2nd quarter. BlackRock Inc. now owns 64,872,653 shares of the pipeline company’s stock worth $1,964,347,000 after purchasing an additional 5,850,607 shares during the period. Janus Henderson Group PLC boosted its stake in Williams Companies by 4,652.7% in the 2nd quarter. Janus Henderson Group PLC now owns 4,822,264 shares of the pipeline company’s stock worth $146,019,000 after purchasing an additional 4,720,801 shares during the period. Vanguard Group Inc. boosted its stake in Williams Companies by 4.4% in the 2nd quarter. Vanguard Group Inc. now owns 64,062,726 shares of the pipeline company’s stock worth $1,939,819,000 after purchasing an additional 2,671,905 shares during the period. Finally, Ameriprise Financial Inc. boosted its stake in Williams Companies by 47.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 6,174,675 shares of the pipeline company’s stock worth $186,965,000 after purchasing an additional 1,978,314 shares during the period. Hedge funds and other institutional investors own 84.75% of the company’s stock.
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Williams Companies 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.
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