Wall Street analysts expect Williams Companies Inc (NYSE:WMB) to post $2.27 billion in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Williams Companies’ earnings. The highest sales estimate is $2.39 billion and the lowest is $2.08 billion. Williams Companies posted sales of $2.09 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 8.6%. The business is expected to report its next quarterly earnings results on Wednesday, August 7th.

According to Zacks, analysts expect that Williams Companies will report full year sales of $9.42 billion for the current financial year, with estimates ranging from $8.48 billion to $10.27 billion. For the next year, analysts anticipate that the company will post sales of $9.94 billion, with estimates ranging from $9.13 billion to $10.51 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that that provide coverage for Williams Companies.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Wednesday, May 1st. The pipeline company reported $0.22 EPS for the quarter, missing the Zacks’ consensus estimate of $0.24 by ($0.02). The firm 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 for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.19 earnings per share.

WMB has been the subject of a number of research reports. Mizuho set a $32.00 price target on Williams Companies and gave the stock a “buy” rating in a research note on Tuesday, March 19th. Bank of America set a $30.00 price target on Williams Companies and gave the stock a “buy” rating in a research note on Thursday, February 14th. Finally, Evercore ISI began coverage on Williams Companies in a research note on Tuesday, February 5th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twelve have issued a buy rating to the company’s stock. Williams Companies currently has a consensus rating of “Buy” and a consensus price target of $32.33.

In other Williams Companies news, Director Stephen I. Chazen bought 10,000 shares of the business’s stock in a transaction on Monday, May 20th. The shares were purchased at an average price of $27.33 per share, with a total value of $273,300.00. Following the completion of the acquisition, the director now directly owns 45,730 shares of the company’s stock, valued at approximately $1,249,800.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Ted T. Timmermans sold 5,000 shares of the firm’s stock in a transaction dated 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 directly owns 18,666 shares in the company, valued at approximately $486,435.96. The disclosure for this sale can be found here. Company insiders own 0.26% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the business. JNBA Financial Advisors raised its holdings in shares of Williams Companies by 68.6% during the fourth quarter. JNBA Financial Advisors now owns 1,180 shares of the pipeline company’s stock valued at $26,000 after buying an additional 480 shares during the last quarter. Claybrook Capital LLC acquired a new position in shares of Williams Companies during the fourth quarter valued at approximately $26,000. JOYN Advisors Inc. increased its stake in shares of Williams Companies by 57.9% during the fourth quarter. JOYN Advisors Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 463 shares during the period. Oakworth Capital Inc. increased its stake in shares of Williams Companies by 381.7% during the fourth quarter. Oakworth Capital Inc. now owns 1,262 shares of the pipeline company’s stock valued at $28,000 after acquiring an additional 1,000 shares during the period. Finally, Liberty Wealth Management LLC acquired a new position in shares of Williams Companies during the fourth quarter valued at approximately $29,000. 88.13% of the stock is currently owned by hedge funds and other institutional investors.

NYSE:WMB traded down $0.25 during mid-day trading on Tuesday, reaching $26.38. The stock had a trading volume of 5,463,580 shares, compared to its average volume of 6,296,669. The company has a market capitalization of $32.27 billion, a price-to-earnings ratio of 33.39, a price-to-earnings-growth ratio of 4.31 and a beta of 1.70. Williams Companies has a 1-year low of $20.36 and a 1-year high of $32.22. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.28 and a current ratio of 0.31.

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 24th. Shareholders of record on Friday, June 7th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, June 6th. This represents a $1.52 dividend on an annualized basis and a yield of 5.76%. Williams Companies’s dividend payout ratio is currently 192.41%.

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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