Williams Cos. (NYSE:WMB) shares traded up 5.3% on Tuesday . The stock traded as high as $22.00 and last traded at $21.83, with a volume of 5,811,027 shares changing hands. The stock had previously closed at $20.73.

Several research analysts have recently weighed in on the stock. Vetr upgraded shares of Williams Cos. from a “sell” rating to a “hold” rating and set a $22.19 price target for the company in a report on Monday, June 13th. Jefferies Group reiterated a “buy” rating and issued a $27.00 price target (down previously from $30.00) on shares of Williams Cos. in a report on Wednesday, June 8th. Raymond James Financial Inc. cut shares of Williams Cos. from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $24.44 to $20.57 in a report on Friday, May 6th. Sanford C. Bernstein assumed coverage on shares of Williams Cos. in a report on Wednesday, May 11th. They issued an “outperform” rating and a $25.00 price target for the company. Finally, BMO Capital Markets assumed coverage on shares of Williams Cos. in a report on Tuesday, April 19th. They issued an “outperform” rating and a $21.00 price target for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $30.94.

The stock’s market cap is $16.88 billion. The stock has a 50 day moving average of $21.67 and a 200-day moving average of $18.99.

Williams Cos. (NYSE:WMB) last released its quarterly earnings results on Wednesday, May 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.19. During the same period in the previous year, the company posted $0.16 EPS. On average, equities research analysts anticipate that Williams Cos. will post $0.74 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 27th. Stockholders of record on Monday, June 20th were given a dividend of $0.64 per share. This represents a $2.56 annualized dividend and a dividend yield of 11.52%. The ex-dividend date was Thursday, June 16th.

Several hedge funds recently made changes to their positions in WMB. Vanguard Group Inc. increased its stake in shares of Williams Cos. by 2.6% in the fourth quarter. Vanguard Group Inc. now owns 43,934,329 shares of the company’s stock valued at $1,129,112,000 after buying an additional 1,133,739 shares during the period. Morgan Stanley increased its stake in shares of Williams Cos. by 9.1% in the fourth quarter. Morgan Stanley now owns 25,803,064 shares of the company’s stock valued at $663,140,000 after buying an additional 2,161,465 shares during the period. Thornburg Investment Management Inc. increased its stake in shares of Williams Cos. by 8.9% in the fourth quarter. Thornburg Investment Management Inc. now owns 3,393,625 shares of the company’s stock valued at $87,216,000 after buying an additional 277,928 shares during the period. P Schoenfeld Asset Management LP increased its stake in shares of Williams Cos. by 180.2% in the fourth quarter. P Schoenfeld Asset Management LP now owns 1,950,000 shares of the company’s stock valued at $50,115,000 after buying an additional 1,254,178 shares during the period. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of Williams Cos. by 32.6% in the fourth quarter. State of New Jersey Common Pension Fund D now owns 1,465,000 shares of the company’s stock valued at $37,651,000 after buying an additional 360,000 shares during the period.

The Williams Companies, Inc is an energy infrastructure company focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The Company’s segments include Williams Partners, Williams NGL & Petchem Services, and Other. Its Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.

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