The stock of Williams Companies Inc (NYSE:WMB) is a huge mover today! About 5.71 million shares traded hands. Williams Companies Inc (NYSE:WMB) has risen 44.65% since April 27, 2016 and is uptrending. It has outperformed by 39.42% the S&P500.
The move comes after 9 months positive chart setup for the $22.89 billion company. It was reported on Nov, 30 by Barchart.com. We have $33.58 PT which if reached, will make NYSE:WMB worth $2.06 billion more.
Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on February, 15. They expect $0.21 EPS, up 2,000.00% or $0.20 from last year’s $0.01 per share. WMB’s profit will be $156.02 million for 36.68 P/E if the $0.21 EPS becomes a reality. After $0.20 actual EPS reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 5.00% EPS growth.
Williams Companies Inc (NYSE:WMB) Ratings Coverage
Out of 12 analysts covering Williams Companies Inc. (NYSE:WMB), 7 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 58% are positive. Williams Companies Inc. has been the topic of 22 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Bernstein initiated it with “Outperform” rating and $25 target price in Wednesday, May 11 report. The rating was maintained by Argus Research with “Buy” on Monday, August 22. The stock has “Buy” rating given by Jefferies on Friday, December 18. The rating was maintained by Jefferies on Wednesday, June 8 with “Buy”. The firm has “Sector Perform” rating by Howard Weil given on Tuesday, September 29. The firm earned “Hold” rating on Thursday, July 23 by Jefferies. The stock of Williams Companies Inc (NYSE:WMB) has “Equal-Weight” rating given on Thursday, September 29 by Stephens. UBS maintained the shares of WMB in a report on Tuesday, August 2 with “Buy” rating. Goldman Sachs maintained it with “Buy” rating and $25 target price in Wednesday, July 13 report. The firm has “Outperform” rating by RBC Capital Markets given on Monday, September 26.
According to Zacks Investment Research, “Williams Companies moves, manages and markets a variety of energy products, including natural gas, liquid hydrocarbons, petroleum and electricity. Based in Tulsa, Oklahoma, Williams’ operations span the energy value chain from wellhead to burner tip.”
Insitutional Activity: The institutional sentiment increased to 1.11 in 2016 Q2. Its up 0.18, from 0.93 in 2016Q1. The ratio is positive, as 62 funds sold all Williams Companies Inc shares owned while 212 reduced positions. 84 funds bought stakes while 170 increased positions. They now own 614.76 million shares or 0.67% less from 618.90 million shares in 2016Q1.
Synovus Financial, a Georgia-based fund reported 500 shares. Phillips Fincl Mngmt Ltd Liability Com has 12,398 shares for 0.08% of their US portfolio. Advsr Asset Mngmt owns 173,421 shares or 0.06% of their US portfolio. State Of Tennessee Treasury Department has invested 0.05% of its portfolio in Williams Companies Inc (NYSE:WMB). Fir Tree Inc last reported 810,011 shares in the company. Weiss Multi owns 110,602 shares or 0.19% of their US portfolio. Nationwide Fund last reported 310,971 shares in the company. Next Gp accumulated 276 shares or 0% of the stock. Credit Agricole S A has 329,411 shares for 0.03% of their US portfolio. Comerica National Bank holds 0.05% or 245,297 shares in its portfolio. Alps Advsr has 0.04% invested in the company for 192,645 shares. Wells Fargo & Com Mn last reported 0.01% of its portfolio in the stock. Clearbridge Invests Lc has 700 shares for 0% of their US portfolio. Beck Mack & Oliver Ltd reported 553,005 shares or 0.42% of all its holdings. Hm Payson accumulated 0.13% or 123,331 shares.
Insider Transactions: Since August 12, 2016, the stock had 1 buy, and 2 insider sales for $1.09 million net activity. The insider Miller Rory Lee sold 40,000 shares worth $1.18 million. Timmermans Ted T had sold 2,000 shares worth $52,468. On Wednesday, November 2 the insider CHAZEN STEPHEN I bought $141,138.
More news for Williams Companies Inc (NYSE:WMB) were recently published by: Fool.com, which released: “Here’s What Williams Companies Inc’s CEO Wants You to Know About 2017” on November 15, 2016. Fool.com‘s article titled: “Williams Companies Inc’s Earnings Leave Several Unanswered Questions” and published on November 08, 2016 is yet another important article.
WMB Company Profile
The Williams Companies, Inc., incorporated on February 3, 1987, is an energy infrastructure firm focused on connecting North Americaâ€™s hydrocarbon resource plays to markets for natural gas, natural gas liquids (NGLs), and olefins. The Companyâ€™s activities are located in the United States, but span from the deepwater Gulf of Mexico to the Canadian oil sands. The Firm operates through three divisions: Williams Partners, Access Midstream, and Williams NGL and Petchem Services. The Companyâ€™s Williams Partners comprised of its consolidated partnership Pre-merger WPZ (Williams Partners L.P.), which includes gas pipeline and midstream businesses. The Access Midstream comprised of its consolidated master limited partnership ACMP (Access Midstream Partners, L.P.), which includes certain domestic midstream businesses that provide gathering, treating, and compression services to producers under long-term, fee contracts. The Williams NGL and Petchem Services comprised of certain other domestic olefins pipeline assets and certain Canadian growth projects under development, including a propane dehydrogenation facility and a liquids extraction plant. Other is comprised of corporate activities and its Canadian construction services company.
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