Analysts Set The Williams Companies, Inc. (NYSE:WMB) Price Target at $39.22

Shares of The Williams Companies, Inc. (NYSE:WMB) have received an average rating of “Hold” from the ten research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating on the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $39.22.

Several equities research analysts have recently commented on WMB shares. UBS Group lifted their price target on shares of Williams Companies from $43.00 to $47.00 and gave the stock a “buy” rating in a research report on Friday, April 12th. Barclays upped their price objective on Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. Truist Financial increased their price target on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, March 25th. Finally, Wolfe Research reiterated an “underperform” rating and issued a $34.00 target price on shares of Williams Companies in a report on Thursday, April 18th.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the company. Rheos Capital Works Inc. grew its holdings in shares of Williams Companies by 59.0% in the 4th quarter. Rheos Capital Works Inc. now owns 660,000 shares of the pipeline company’s stock valued at $22,988,000 after acquiring an additional 245,000 shares in the last quarter. Autumn Glory Partners LLC boosted its holdings in shares of Williams Companies by 28.1% in the 3rd quarter. Autumn Glory Partners LLC now owns 107,609 shares of the pipeline company’s stock valued at $3,625,000 after buying an additional 23,579 shares during the last quarter. Wellington Management Group LLP increased its holdings in Williams Companies by 35.1% during the third quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after buying an additional 2,482,331 shares during the last quarter. Bahl & Gaynor Inc. lifted its stake in Williams Companies by 45.3% in the third quarter. Bahl & Gaynor Inc. now owns 6,545,151 shares of the pipeline company’s stock valued at $220,506,000 after acquiring an additional 2,040,993 shares during the last quarter. Finally, International Assets Investment Management LLC increased its stake in shares of Williams Companies by 3,338.2% during the 4th quarter. International Assets Investment Management LLC now owns 352,104 shares of the pipeline company’s stock worth $12,264,000 after purchasing an additional 341,863 shares during the last quarter. 86.44% of the stock is currently owned by institutional investors.

Williams Companies Trading Down 0.5 %

WMB opened at $39.26 on Friday. Williams Companies has a 1-year low of $28.27 and a 1-year high of $39.76. The firm has a 50-day moving average price of $37.45 and a two-hundred day moving average price of $35.88. The stock has a market capitalization of $47.84 billion, a PE ratio of 14.98, a PEG ratio of 6.14 and a beta of 1.05. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.57.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. Williams Companies had a return on equity of 16.20% and a net margin of 29.22%. During the same period last year, the business posted $0.53 EPS. As a group, equities analysts anticipate that Williams Companies will post 1.83 earnings per share for the current fiscal year.

Williams Companies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were paid a $0.475 dividend. This represents a $1.90 annualized dividend and a dividend yield of 4.84%. Williams Companies’s dividend payout ratio is 72.52%.

About Williams Companies

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.