Williams Companies Inc (NYSE:WMB) – Research analysts at US Capital Advisors boosted their Q4 2017 EPS estimates for shares of Williams Companies in a research note issued on Thursday. US Capital Advisors analyst B. Followill now anticipates that the pipeline company will post earnings per share of $0.16 for the quarter, up from their prior estimate of $0.14. US Capital Advisors also issued estimates for Williams Companies’ Q1 2018 earnings at $0.16 EPS, Q2 2018 earnings at $0.15 EPS and FY2019 earnings at $0.86 EPS.
Williams Companies (NYSE:WMB) last announced its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.04). The company had revenue of $1.89 billion during 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 revenue was down .7% compared to the same quarter last year. During the same period last year, the company earned $0.20 earnings per share.
A number of other analysts have also recently commented on the company. Zacks Investment Research cut Williams Companies from a “hold” rating to a “sell” rating in a research note on Saturday. Credit Suisse Group assumed coverage on Williams Companies in a research note on Thursday. They issued an “outperform” rating and a $36.00 price target for the company. Morgan Stanley lowered their price target on Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a research note on Friday, November 17th. Royal Bank of Canada reaffirmed a “buy” rating and issued a $36.00 price target on shares of Williams Companies in a research note on Monday, October 16th. Finally, Wolfe Research assumed coverage on Williams Companies in a research note on Monday, September 25th. They issued an “outperform” rating and a $34.00 price target for the company. One research analyst has rated the stock with a sell rating, three have issued a hold rating, ten have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $34.08.
Shares of Williams Companies (WMB) opened at $32.46 on Friday. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.97 and a quick ratio of 0.91. The company has a market capitalization of $26,840.00, a PE ratio of 56.95, a PEG ratio of 2.90 and a beta of 1.36. Williams Companies has a 52 week low of $26.82 and a 52 week high of $32.69.
A number of hedge funds and other institutional investors have recently bought and sold shares of WMB. Fuller & Thaler Asset Management Inc. bought a new position in shares of Williams Companies during the 3rd quarter worth approximately $105,000. Bronfman E.L. Rothschild L.P. grew its stake in shares of Williams Companies by 78.6% during the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 4,537 shares of the pipeline company’s stock worth $137,000 after acquiring an additional 1,997 shares in the last quarter. Steward Partners Investment Advisory LLC bought a new position in shares of Williams Companies during the 3rd quarter worth approximately $172,000. Sun Life Financial INC grew its stake in shares of Williams Companies by 46,384.6% during the 2nd quarter. Sun Life Financial INC now owns 6,043 shares of the pipeline company’s stock worth $183,000 after acquiring an additional 6,030 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC bought a new position in shares of Williams Companies during the 3rd quarter worth approximately $202,000. 84.75% of the stock is owned by institutional investors and hedge funds.
In related news, VP Ted T. Timmermans sold 1,500 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $28.75, for a total transaction of $43,125.00. Following the completion of the sale, the vice president now directly owns 9,594 shares of the company’s stock, valued at approximately $275,827.50. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Alan S. Armstrong bought 6,000 shares of the stock in a transaction that occurred on Wednesday, November 15th. The shares were acquired at an average cost of $27.23 per share, with a total value of $163,380.00. Following the completion of the purchase, the chief executive officer now owns 345,527 shares in the company, valued at approximately $9,408,700.21. The disclosure for this purchase can be found here. 0.53% of the stock is currently owned by corporate insiders.
The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Friday, December 8th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, December 7th. This represents a $1.20 dividend on an annualized basis and a yield of 3.70%. Williams Companies’s payout ratio is 210.53%.
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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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