Williams Companies Inc (NYSE:WMB) has earned a consensus rating of “Buy” from the fifteen brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $35.22.

Several analysts recently weighed in on WMB shares. Zacks Investment Research downgraded Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, January 6th. Royal Bank of Canada restated a “buy” rating and set a $38.00 price objective on shares of Williams Companies in a research report on Tuesday, January 16th. Credit Suisse Group started coverage on Williams Companies in a research report on Thursday, January 4th. They set an “outperform” rating and a $36.00 price objective for the company. Morgan Stanley dropped their price objective on Williams Companies from $34.00 to $33.00 and set an “overweight” rating for the company in a research report on Friday, November 17th. Finally, Jefferies Group restated a “buy” rating and set a $37.00 price objective on shares of Williams Companies in a research report on Friday, January 12th.

Shares of Williams Companies (WMB) traded up $0.35 during mid-day trading on Tuesday, hitting $29.77. The company had a trading volume of 5,146,185 shares, compared to its average volume of 6,070,000. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 1.38. Williams Companies has a twelve month low of $26.82 and a twelve month high of $33.67. The company has a market cap of $24,610.00, a P/E ratio of 52.23, a P/E/G ratio of 2.40 and a beta of 1.32.

In other news, CEO Alan S. Armstrong bought 6,000 shares of the company’s stock in a transaction on Wednesday, November 15th. The stock was purchased at an average cost of $27.23 per share, for a total transaction of $163,380.00. Following the completion of the transaction, the chief executive officer now owns 345,527 shares of the company’s stock, valued at $9,408,700.21. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider James E. Scheel sold 26,915 shares of the stock in a transaction dated Thursday, January 11th. The shares were sold at an average price of $33.00, for a total value of $888,195.00. The disclosure for this sale can be found here. 0.50% of the stock is currently owned by company insiders.

A number of institutional investors have recently bought and sold shares of the business. BlackRock Inc. raised its position in Williams Companies by 12.4% in the fourth quarter. BlackRock Inc. now owns 77,428,540 shares of the pipeline company’s stock valued at $2,360,797,000 after purchasing an additional 8,532,633 shares during the last quarter. Tortoise Capital Advisors L.L.C. raised its position in Williams Companies by 0.5% in the third quarter. Tortoise Capital Advisors L.L.C. now owns 15,290,873 shares of the pipeline company’s stock valued at $458,879,000 after purchasing an additional 78,109 shares during the last quarter. Harvest Fund Advisors LLC raised its position in Williams Companies by 2.9% in the third quarter. Harvest Fund Advisors LLC now owns 11,275,449 shares of the pipeline company’s stock valued at $338,376,000 after purchasing an additional 317,446 shares during the last quarter. Geode Capital Management LLC raised its position in Williams Companies by 3.2% in the fourth quarter. Geode Capital Management LLC now owns 8,885,229 shares of the pipeline company’s stock valued at $270,355,000 after purchasing an additional 274,292 shares during the last quarter. Finally, Capital International Investors raised its position in Williams Companies by 11.8% in the third quarter. Capital International Investors now owns 8,252,900 shares of the pipeline company’s stock valued at $247,670,000 after purchasing an additional 868,600 shares during the last quarter. Hedge funds and other institutional investors own 84.56% of the company’s stock.

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Williams Companies Company Profile

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.

Analyst Recommendations for Williams Companies (NYSE:WMB)

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