Williams Companies Inc (NYSE:WMB) – Equities researchers at Jefferies Financial Group increased their Q3 2019 EPS estimates for shares of Williams Companies in a research report issued on Wednesday, July 24th. Jefferies Financial Group analyst C. Sighinolfi now expects that the pipeline company will post earnings of $0.27 per share for the quarter, up from their previous forecast of $0.26. Jefferies Financial Group also issued estimates for Williams Companies’ Q4 2019 earnings at $0.28 EPS, FY2019 earnings at $1.04 EPS, Q1 2020 earnings at $0.29 EPS, Q2 2020 earnings at $0.28 EPS, Q3 2020 earnings at $0.29 EPS, Q4 2020 earnings at $0.29 EPS, FY2020 earnings at $1.15 EPS, FY2021 earnings at $1.26 EPS and FY2022 earnings at $1.34 EPS.

Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, May 1st. The pipeline company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.24 by ($0.02). The business had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.30 billion. Williams Companies had a positive return on equity of 5.56% and a negative net margin of 1.29%. The firm’s revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.19 earnings per share.

Other research analysts have also recently issued research reports about the stock. Raymond James began coverage on shares of Planet Fitness in a research report on Wednesday, June 26th. They issued an “outperform” rating and a $80.00 price objective for the company. ValuEngine upgraded shares of Zimmer Biomet from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Barclays set a €81.00 ($94.19) price objective on shares of Fresenius Medical Care AG & Co. KGaA and gave the stock a “buy” rating in a research report on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Williams Companies has an average rating of “Buy” and a consensus price target of $32.38.

Shares of WMB opened at $25.13 on Friday. The firm has a market cap of $31.89 billion, a P/E ratio of 32.10, a P/E/G ratio of 4.24 and a beta of 1.56. The company has a quick ratio of 0.28, a current ratio of 0.31 and a debt-to-equity ratio of 1.32. Williams Companies has a one year low of $20.36 and a one year high of $32.22. The stock has a 50 day simple moving average of $27.73.

In related news, Director Stephen I. Chazen acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average price of $27.33 per share, for a total transaction of $273,300.00. Following the transaction, the director now directly owns 45,730 shares of the company’s stock, valued at approximately $1,249,800.90. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Ted T. Timmermans sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $26.06, for a total transaction of $130,300.00. Following the completion of the transaction, the vice president now owns 18,666 shares of the company’s stock, valued at approximately $486,435.96. The disclosure for this sale can be found here. Insiders own 0.26% of the company’s stock.

A number of hedge funds have recently bought and sold shares of WMB. Clearbridge Investments LLC raised its position in shares of Williams Companies by 7.4% during the 1st quarter. Clearbridge Investments LLC now owns 20,402,361 shares of the pipeline company’s stock valued at $585,956,000 after acquiring an additional 1,399,040 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Williams Companies by 7.7% during the 4th quarter. Geode Capital Management LLC now owns 15,722,127 shares of the pipeline company’s stock valued at $346,152,000 after acquiring an additional 1,124,517 shares during the last quarter. Northern Trust Corp raised its position in shares of Williams Companies by 1.9% during the 1st quarter. Northern Trust Corp now owns 14,854,724 shares of the pipeline company’s stock valued at $426,629,000 after acquiring an additional 281,665 shares during the last quarter. Chickasaw Capital Management LLC raised its position in shares of Williams Companies by 8.7% during the 2nd quarter. Chickasaw Capital Management LLC now owns 14,790,191 shares of the pipeline company’s stock valued at $414,717,000 after acquiring an additional 1,182,565 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Williams Companies during the 4th quarter valued at $257,472,000. Hedge funds and other institutional investors own 88.16% of the company’s stock.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. The company's Northeast G&P segment engages in the natural gas gathering, compression, and processing business, as well as natural gas liquids (NGL) fractionation business in the Marcellus and Utica Shale regions in Pennsylvania, West Virginia, New York, and Ohio.

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Earnings History and Estimates for Williams Companies (NYSE:WMB)

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