November 24, 2016 - By Winifred Garcia · 0 Comments
Williams Companies Inc (NYSE:WMB) institutional sentiment increased to 1.11 in Q2 2016. Its up 0.18, from 0.93 in 2016Q1. The ratio is positive, as 254 investment professionals increased or opened new positions, while 274 cut down and sold holdings in Williams Companies Inc. The investment professionals in our partner’s database now possess: 614.76 million shares, down from 618.90 million shares in 2016Q1. Also, the number of investment professionals holding Williams Companies Inc in their top 10 positions increased from 12 to 20 for an increase of 8. Sold All: 62 Reduced: 212 Increased: 170 New Position: 84.
The Williams Companies, Inc. is an energy infrastructure firm focused on connecting North America’s hydrocarbon resource plays to markets for natural gas, natural gas liquids and olefins. The company has a market cap of $22.97 billion. The Company’s divisions include Williams Partners, Williams NGL & Petchem Services, and Other. It currently has negative earnings. The Company’s Williams Partners segment consists of its consolidated partnership in Williams Partners L.P., including gas pipeline, which consists of interstate natural gas pipelines and pipeline joint project investments, and midstream business, which provides natural gas gathering, treating, processing and compression services.
The stock decreased 0.10% or $0.03 on November 23, hitting $30.62. Williams Companies Inc (NYSE:WMB) has risen 56.70% since April 22, 2016 and is uptrending. It has outperformed by 51.29% the S&P500.
Analysts await Williams Companies Inc (NYSE:WMB) to report earnings on February, 15. They expect $0.21 earnings per share, up 2,000.00% or $0.20 from last year’s $0.01 per share. WMB’s profit will be $157.53 million for 36.45 P/E if the $0.21 EPS becomes a reality. After $0.20 actual earnings per share reported by Williams Companies Inc for the previous quarter, Wall Street now forecasts 5.00% EPS growth.
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.”
Corvex Management Lp holds 12.12% of its portfolio in Williams Companies Inc for 41.68 million shares. Quinn Opportunity Partners Llc owns 1.22 million shares or 10.24% of their US portfolio. Moreover, Whetstone Capital Advisors Llc has 9.3% invested in the company for 731,354 shares. The New York-based Steadfast Advisors Lp has invested 6.6% in the stock. Steadfast Capital Management Lp, a New York-based fund reported 11.97 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 1 insider buy, and 2 selling transactions for $1.09 million net activity.
Ratings analysis reveals 58% of Williams Companies Inc.’s analysts are positive. Out of 12 Wall Street analysts rating Williams Companies Inc., 7 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $25 while the high is $49.98. The stock’s average target of $30.33 is -0.95% below today’s ($30.62) share price. WMB was included in 22 notes of analysts from July 23, 2015. The firm earned “Market Perform” rating on Friday, May 6 by Raymond James. The firm has “Hold” rating given on Thursday, July 23 by Jefferies. The stock has “Buy” rating given by Evercore on Tuesday, August 2. The firm earned “Equal-Weight” rating on Thursday, September 29 by Stephens. The firm has “Buy” rating given on Friday, December 18 by Jefferies. Citigroup maintained the stock with “Neutral” rating in Tuesday, August 2 report. The firm has “Market Perform” rating given on Thursday, September 10 by Wells Fargo. The rating was maintained by Argus Research with “Buy” on Wednesday, August 12. The firm has “Outperform” rating given on Wednesday, May 11 by Bernstein. The stock of Williams Companies Inc (NYSE:WMB) earned “Buy” rating by Jefferies on Tuesday, March 22.
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.
More important recent Williams Companies Inc (NYSE:WMB) news were published by: Fool.com which released: “Here’s What Williams Companies Inc’s CEO Wants You to Know About 2017” on November 15, 2016, also Fool.com published article titled: “Williams Companies Inc’s Earnings Leave Several Unanswered Questions”, Fool.com published: “Better Buy Now: Williams Companies Inc vs. Energy Transfer Equity LP” on October 27, 2016. More interesting news about Williams Companies Inc (NYSE:WMB) was released by: Fool.com and their article: “3 Questions Williams Companies Inc Investors Want Answered Next Week” with publication date: October 28, 2016.
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By Winifred Garcia