Williams Companies Inc (NYSE:WMB) – Jefferies Financial Group increased their Q1 2019 EPS estimates for shares of Williams Companies in a report released on Monday, April 15th. Jefferies Financial Group analyst C. Sighinolfi now forecasts that the pipeline company will post earnings per share of $0.21 for the quarter, up from their previous forecast of $0.20. Jefferies Financial Group also issued estimates for Williams Companies’ Q2 2019 earnings at $0.24 EPS and Q3 2019 earnings at $0.25 EPS.
Williams Companies (NYSE:WMB) last released its quarterly earnings results on Wednesday, February 13th. The pipeline company reported $0.19 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.03). Williams Companies had a positive return on equity of 4.83% and a negative net margin of 1.78%. The firm had revenue of $2.20 billion for the quarter, compared to analyst estimates of $2.53 billion. During the same period last year, the company earned $0.36 EPS.
NYSE:WMB opened at $28.63 on Wednesday. Williams Companies has a twelve month low of $20.36 and a twelve month high of $32.22. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.81 and a quick ratio of 0.74. The company has a market cap of $34.57 billion, a price-to-earnings ratio of 36.24, a PEG ratio of 4.46 and a beta of 1.73.
The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Investors of record on Friday, March 8th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 5.31%. The ex-dividend date was Thursday, March 7th. This is a boost from Williams Companies’s previous quarterly dividend of $0.34. Williams Companies’s dividend payout ratio is 192.41%.
In related news, Director Kathleen B. Cooper sold 9,615 shares of the stock in a transaction on Tuesday, February 19th. The stock was sold at an average price of $27.39, for a total value of $263,354.85. Following the sale, the director now owns 32,272 shares in the company, valued at approximately $883,930.08. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Walter J. Bennett sold 14,859 shares of the stock in a transaction on Monday, February 25th. The stock was sold at an average price of $27.13, for a total value of $403,124.67. Following the transaction, the insider now owns 116,881 shares in the company, valued at approximately $3,170,981.53. The disclosure for this sale can be found here. 0.26% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently bought and sold shares of WMB. Neuberger Berman Group LLC increased its position in shares of Williams Companies by 3.7% in the third quarter. Neuberger Berman Group LLC now owns 6,493,691 shares of the pipeline company’s stock worth $176,563,000 after purchasing an additional 234,071 shares during the period. Cohen & Steers Inc. lifted its stake in shares of Williams Companies by 4.8% in the third quarter. Cohen & Steers Inc. now owns 730,310 shares of the pipeline company’s stock worth $19,857,000 after acquiring an additional 33,357 shares during the period. State Board of Administration of Florida Retirement System lifted its stake in shares of Williams Companies by 9.0% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 1,558,434 shares of the pipeline company’s stock worth $34,363,000 after acquiring an additional 128,172 shares during the period. Captrust Financial Advisors lifted its stake in shares of Williams Companies by 987.4% in the third quarter. Captrust Financial Advisors now owns 30,132 shares of the pipeline company’s stock worth $819,000 after acquiring an additional 27,361 shares during the period. Finally, LVW Advisors LLC lifted its stake in shares of Williams Companies by 9.7% in the fourth quarter. LVW Advisors LLC now owns 29,150 shares of the pipeline company’s stock worth $643,000 after acquiring an additional 2,575 shares during the period. Hedge funds and other institutional investors own 90.22% of the company’s stock.
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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