Wall Street analysts expect Williams Companies Inc (NYSE:WMB) to announce sales of $2.00 billion for the current quarter, Zacks reports. Two analysts have provided estimates for Williams Companies’ earnings. The highest sales estimate is $2.07 billion and the lowest is $1.93 billion. Williams Companies posted sales of $1.92 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 4.2%. The firm is expected to report its next earnings report on Wednesday, August 1st.
On average, analysts expect that Williams Companies will report full-year sales of $8.49 billion for the current fiscal year, with estimates ranging from $8.38 billion to $8.67 billion. For the next fiscal year, analysts anticipate that the business will post sales of $9.06 billion per share, with estimates ranging from $8.72 billion to $9.57 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research analysts that follow Williams Companies.
Williams Companies (NYSE:WMB) last announced its earnings results on Wednesday, May 2nd. The pipeline company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.02). The firm had revenue of $2.09 billion during the quarter, compared to analysts’ expectations of $2.09 billion. Williams Companies had a return on equity of 3.61% and a net margin of 24.02%. During the same period in the previous year, the business posted $0.14 earnings per share.
Shares of Williams Companies opened at $27.06 on Thursday, Marketbeat Ratings reports. The stock has a market capitalization of $22.27 billion, a price-to-earnings ratio of 42.95 and a beta of 1.41. 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 has a 52-week low of $24.00 and a 52-week high of $33.67.
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 25th. Stockholders of record on Friday, June 8th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, June 7th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 5.03%. Williams Companies’s payout ratio is currently 215.87%.
In other Williams Companies news, Director Stephen I. Chazen bought 4,000 shares of the firm’s stock in a transaction that occurred on Friday, May 25th. The shares were bought at an average price of $26.71 per share, with a total value of $106,840.00. Following the purchase, the director now owns 29,610 shares of the company’s stock, valued at $790,883.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Ted T. Timmermans sold 12,392 shares of Williams Companies stock in a transaction that occurred on Tuesday, May 22nd. The shares were sold at an average price of $28.08, for a total value of $347,967.36. Following the sale, the vice president now directly owns 27,347 shares in the company, valued at approximately $767,903.76. The disclosure for this sale can be found here. 0.50% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently modified their holdings of the stock. Syntal Capital Partners LLC raised its stake in 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 purchasing an additional 1,857 shares during the period. IFM Investors Pty Ltd raised its stake in 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 purchasing an additional 2,401 shares during the period. Envestnet Asset Management Inc. raised its stake in 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 purchasing an additional 2,481 shares during the period. Thrivent Financial for Lutherans raised its stake in Williams Companies by 1.8% during the 1st quarter. Thrivent Financial for Lutherans now owns 146,733 shares of the pipeline company’s stock valued at $3,647,000 after purchasing an additional 2,575 shares during the period. Finally, United Capital Financial Advisers LLC raised its stake in Williams Companies by 3.4% during the 1st quarter. United Capital Financial Advisers LLC now owns 82,183 shares of the pipeline company’s stock valued at $2,043,000 after purchasing an additional 2,735 shares during the period. 85.63% of the stock is currently owned by institutional investors.
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.
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