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The Time Is Right To Purchase The Williams Companies Inc. (NYSE: WMB)

During the recent session, The Williams Companies Inc. (NYSE:WMB)’s traded shares were 1.92 million, with the beta value of the company hitting 1.22. At the last check today, the stock’s price was $32.34, reflecting an intraday loss of -0.89% or -$0.29. The 52-week high for the WMB share is $37.97, that puts it down -17.41 from that peak though still a striking 27.24% gain since the share price plummeted to a 52-week low of $23.53. The company’s market capitalization is $39.39B, and the average intraday trading volume over the past 10 days was 7.28 million shares, and the average trade volume was 8.72 million shares over the past three months.

The Williams Companies Inc. (NYSE:WMB) trade information

The Williams Companies Inc. (WMB) registered a -0.89% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.89% in intraday trading to $32.34 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is -3.43%, and it has moved by 8.19% in 30 days. Based on these gigs, the overall price performance for the year is 29.90%. The short interest in The Williams Companies Inc. (NYSE:WMB) is 22.16 million shares and it means that shorts have 2.18 day(s) to cover.

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The Williams Companies Inc. (WMB) estimates and forecasts

Statistics show that The Williams Companies Inc. has underperformed its competitors in share price, compared to the industry in which it operates. The Williams Companies Inc. (WMB) shares have gone up 6.91% during the last six months, with a year-to-date growth rate less than the industry average at 11.76% against 14.20. In the rating firms’ projections, revenue will increase 4.10% compared to the previous financial year.

Revenue for the current quarter is expected to be $2.83 billion as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $2.93 billion by the end of Dec 2022.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 33.20%. While earnings are projected to return 626.10% in 2022, the next five years will return 7.09% per annum.

WMB Dividends

The Williams Companies Inc. is due to release its next quarterly earnings between October 31 and November 04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for The Williams Companies Inc. is 1.70, with the dividend yield indicating at 5.21 percent, continuing the trend of increasing dividends in recent years.

The Williams Companies Inc. (NYSE:WMB)’s Major holders

The Williams Companies Inc. insiders own 0.30% of total outstanding shares while institutional holders control 87.01%, with the float percentage being 87.27%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 1,472 institutions own stock in it. As of Mar 30, 2022, the company held over 122.91 million shares (or 10.09% of all shares), a total value of $3.97 billion in shares.

The next largest institutional holding, with 113.61 million shares, is of Blackrock Inc.’s that is approximately 9.33% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $3.67 billion.

Also, the Mutual Funds coming in first place with the largest holdings of The Williams Companies Inc. (WMB) shares are Dodge & Cox Stock Fund and Vanguard Total Stock Market Index Fund. Data provided on Jun 29, 2022 indicates that Dodge & Cox Stock Fund owns about 42.94 million shares. This amounts to just over 3.53 percent of the company’s overall shares, with a $1.39 billion market value. The same data shows that the other fund manager holds slightly less at 35.05 million, or about 2.88% of the stock, which is worth about $1.13 billion.

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