The Williams Companies, Inc. (NYSE:WMB) Receives $55.07 Consensus PT from Brokerages

Shares of The Williams Companies, Inc. (NYSE:WMB - Get Free Report) have been assigned a consensus recommendation of "Hold" from the seventeen ratings firms that are currently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $55.07.

A number of research firms have issued reports on WMB. UBS Group boosted their price objective on shares of Williams Companies from $55.00 to $70.00 and gave the company a "buy" rating in a report on Friday, November 15th. Barclays raised their price objective on Williams Companies from $46.00 to $56.00 and gave the stock an "equal weight" rating in a research note on Friday, January 10th. Truist Financial increased their target price on Williams Companies from $56.00 to $60.00 and gave the stock a "hold" rating in a report on Friday, February 14th. Scotiabank upped their price objective on shares of Williams Companies from $51.00 to $53.00 and gave the stock a "sector perform" rating in a research report on Thursday, March 6th. Finally, The Goldman Sachs Group boosted their target price on shares of Williams Companies from $45.00 to $55.00 and gave the company a "neutral" rating in a research report on Tuesday, November 26th.

Insider Activity at Williams Companies

In other Williams Companies news, CAO Mary A. Hausman sold 8,896 shares of the stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $57.50, for a total transaction of $511,520.00. Following the completion of the transaction, the chief accounting officer now directly owns 22,339 shares of the company's stock, valued at approximately $1,284,492.50. This represents a 28.48 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Chad A. Teply sold 26,000 shares of the business's stock in a transaction on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the sale, the senior vice president now owns 133,048 shares in the company, valued at approximately $7,511,890.08. The trade was a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 131,583 shares of company stock valued at $7,107,758. 0.44% of the stock is owned by corporate insiders.

Remove Ads

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WMB. Baader Bank Aktiengesellschaft boosted its holdings in Williams Companies by 3.3% in the 4th quarter. Baader Bank Aktiengesellschaft now owns 5,568 shares of the pipeline company's stock worth $300,000 after buying an additional 180 shares during the period. EP Wealth Advisors LLC lifted its holdings in shares of Williams Companies by 1.0% in the fourth quarter. EP Wealth Advisors LLC now owns 17,889 shares of the pipeline company's stock worth $968,000 after buying an additional 183 shares in the last quarter. Albion Financial Group UT boosted its position in shares of Williams Companies by 18.4% in the fourth quarter. Albion Financial Group UT now owns 1,184 shares of the pipeline company's stock valued at $64,000 after acquiring an additional 184 shares during the period. Sprinkle Financial Consultants LLC grew its stake in Williams Companies by 3.8% during the fourth quarter. Sprinkle Financial Consultants LLC now owns 5,073 shares of the pipeline company's stock valued at $275,000 after acquiring an additional 185 shares in the last quarter. Finally, AMG National Trust Bank increased its holdings in Williams Companies by 0.6% during the 4th quarter. AMG National Trust Bank now owns 30,813 shares of the pipeline company's stock worth $1,669,000 after acquiring an additional 186 shares during the period. Institutional investors own 86.44% of the company's stock.

Williams Companies Stock Performance

Shares of NYSE:WMB traded down $0.52 during trading on Tuesday, reaching $55.78. 981,699 shares of the stock were exchanged, compared to its average volume of 7,756,337. Williams Companies has a 12 month low of $36.56 and a 12 month high of $61.46. The stock has a 50-day moving average price of $56.76 and a 200-day moving average price of $53.35. The company has a current ratio of 0.50, a quick ratio of 0.45 and a debt-to-equity ratio of 1.67. The firm has a market cap of $68.01 billion, a PE ratio of 30.46, a PEG ratio of 5.01 and a beta of 1.03.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings data on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, meeting analysts' consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%. Research analysts expect that Williams Companies will post 2.08 EPS for the current fiscal year.

Williams Companies Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a dividend of $0.50 per share. This is a boost from Williams Companies's previous quarterly dividend of $0.48. This represents a $2.00 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date is Friday, March 14th. Williams Companies's dividend payout ratio (DPR) is currently 109.29%.

Williams Companies Company Profile

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.