Williams Companies (WMB) to Post Q3 2018 Earnings of $0.19 Per Share, US Capital Advisors Forecasts

Williams Companies (NYSE:WMB) – Stock analysts at US Capital Advisors cut their Q3 2018 EPS estimates for shares of Williams Companies in a research note issued to investors on Monday, May 14th. US Capital Advisors analyst B. Followill now forecasts that the pipeline company will post earnings per share of $0.19 for the quarter, down from their prior forecast of $0.21. US Capital Advisors currently has a “Buy” rating on the stock. US Capital Advisors also issued estimates for Williams Companies’ Q4 2018 earnings at $0.23 EPS, FY2019 earnings at $0.98 EPS and FY2020 earnings at $0.97 EPS.

Several other research analysts have also recently weighed in on WMB. ValuEngine cut shares of Williams Companies from a “sell” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a report on Friday, April 20th. Jefferies Group restated a “buy” rating and set a $34.00 price target on shares of Williams Companies in a report on Wednesday, April 25th. Seaport Global Securities assumed coverage on shares of Williams Companies in a report on Wednesday, April 25th. They set a “buy” rating and a $28.00 price target on the stock. Finally, Barclays cut their price target on shares of Williams Companies from $35.00 to $31.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 17th. One analyst has rated the stock with a sell rating, five have issued a hold rating and twelve have given a buy rating to the company. Williams Companies presently has a consensus rating of “Buy” and an average target price of $33.21.

Williams Companies stock opened at $28.01 on Wednesday. Williams Companies has a fifty-two week low of $27.09 and a fifty-two week high of $27.31. The stock has a market cap of $22.56 billion, a P/E ratio of 44.46 and a beta of 1.38. The company has a debt-to-equity ratio of 1.34, a quick ratio of 1.03 and a current ratio of 1.11.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, May 2nd. The pipeline company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). Williams Companies had a return on equity of 3.61% and a net margin of 24.02%. The firm had revenue of $2.09 billion for the quarter, compared to analysts’ expectations of $2.09 billion. During the same quarter last year, the firm posted $0.14 earnings per share.

The business also recently announced a quarterly dividend, which will be paid on Monday, June 25th. Shareholders of record on Friday, June 8th will be paid a $0.34 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 4.86%. The ex-dividend date of this dividend is Thursday, June 7th. Williams Companies’s payout ratio is 215.87%.

In related news, VP Ted T. Timmermans sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $28.28, for a total transaction of $56,560.00. Following the sale, the vice president now directly owns 17,945 shares in the company, valued at approximately $507,484.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kathleen B. Cooper sold 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $28.31, for a total transaction of $113,240.00. Following the sale, the director now owns 45,465 shares in the company, valued at $1,287,114.15. The disclosure for this sale can be found here. 0.53% of the stock is owned by insiders.

Several hedge funds have recently made changes to their positions in the stock. Syntal Capital Partners LLC lifted its stake in shares of Williams Companies by 7.9% during the 1st quarter. Syntal Capital Partners LLC now owns 25,306 shares of the pipeline company’s stock valued at $629,000 after buying an additional 1,857 shares in the last quarter. YorkBridge Wealth Partners LLC lifted its stake in shares of Williams Companies by 19.5% during the 4th quarter. YorkBridge Wealth Partners LLC now owns 11,715 shares of the pipeline company’s stock valued at $345,000 after buying an additional 1,913 shares in the last quarter. IFM Investors Pty Ltd lifted its stake in shares of Williams Companies by 10.4% during the 1st quarter. IFM Investors Pty Ltd now owns 25,516 shares of the pipeline company’s stock valued at $634,000 after buying an additional 2,401 shares in the last quarter. Markston International LLC lifted its stake in shares of Williams Companies by 2.6% during the 4th quarter. Markston International LLC now owns 97,035 shares of the pipeline company’s stock valued at $2,959,000 after buying an additional 2,444 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its stake in shares of Williams Companies by 3.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 85,229 shares of the pipeline company’s stock valued at $2,598,000 after buying an additional 2,481 shares in the last quarter. Institutional investors own 86.99% of the company’s stock.

Williams Companies Company Profile

The Williams Companies, Inc operates as an energy infrastructure company primarily in the United States. It owns and operates natural gas pipeline system extending from Texas, Louisiana, Mississippi, and the Gulf of Mexico through Alabama, Georgia, South Carolina, North Carolina, Virginia, Maryland, Delaware, Pennsylvania, and New Jersey to the New York City metropolitan area.

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

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