Press coverage about Williams Companies (NYSE:WMB) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Williams Companies earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the pipeline company an impact score of 47.0585216508909 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
- Magnetar Financial LLC Takes Position in Williams Companies Inc (WMB) (nismagazine.com)
- Which of the Top MLP Stocks Are Institutional Investors Buying? (finance.yahoo.com)
- Williams Companies attracts call buyers (nasdaq.com)
- National Asset Management Inc. Acquires 12498 Shares of Williams Companies Inc (WMB) (thefucomics.com)
- $2.04 Billion in Sales Expected for Williams Companies Inc (WMB) This Quarter (americanbankingnews.com)
A number of research analysts recently issued reports on the company. Wolfe Research assumed coverage on Williams Companies in a research note on Monday, September 25th. They set an “outperform” rating and a $34.00 price objective for the company. BidaskClub upgraded Williams Companies from a “sell” rating to a “hold” rating in a research note on Friday, August 25th. Royal Bank Of Canada reiterated a “buy” rating and set a $36.00 price objective on shares of Williams Companies in a research note on Monday, October 16th. Finally, Morgan Stanley cut their price objective on Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a research note on Friday, November 17th. Four research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $33.83.
Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, November 1st. The pipeline company reported $0.15 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04). Williams Companies had a net margin of 5.90% and a return on equity of 3.23%. The company had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $1.79 billion. During the same quarter in the previous year, the company posted $0.20 EPS. The business’s quarterly revenue was down .7% on a year-over-year basis. analysts anticipate that Williams Companies will post 0.72 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 26th. Shareholders of record on Friday, December 8th will be paid a $0.30 dividend. The ex-dividend date is Thursday, December 7th. This represents a $1.20 dividend on an annualized basis and a yield of 4.20%. Williams Companies’s payout ratio is 210.53%.
In other Williams Companies news, CEO Alan S. Armstrong bought 6,000 shares of Williams Companies stock in a transaction on Wednesday, November 15th. The shares were acquired at an average price of $27.23 per share, for a total transaction of $163,380.00. Following the completion of the purchase, the chief executive officer now directly owns 345,527 shares in the company, valued at approximately $9,408,700.21. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Ted T. Timmermans sold 1,500 shares of the stock in a transaction on Monday, November 6th. The stock was sold at an average price of $28.75, for a total value of $43,125.00. Following the completion of the sale, the vice president now owns 9,594 shares in the company, valued at approximately $275,827.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 283,501 shares of company stock worth $8,590,124. Insiders own 0.53% of the company’s stock.
About Williams Companies
The Williams Companies, Inc is an energy infrastructure company. The Company is focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGL), and olefins. As of December 31, 2016, its interstate gas pipelines, midstream and olefins production interests were held through its investment in Williams Partners L.P.
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