Williams Companies (NYSE:WMB – Get Free Report) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Saturday.
A number of other equities analysts have also commented on the stock. Citigroup raised their target price on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a report on Monday, December 29th. Morgan Stanley increased their price objective on Williams Companies from $83.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, March 2nd. Wells Fargo & Company raised their price objective on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a report on Wednesday, February 11th. Finally, UBS Group lifted their target price on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a research report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $75.86.
Check Out Our Latest Report on Williams Companies
Williams Companies Stock Down 0.8%
Williams Companies (NYSE:WMB – Get Free Report) last posted its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $3.20 billion during the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a return on equity of 17.32% and a net margin of 21.90%.During the same quarter in the previous year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts anticipate that Williams Companies will post 2.08 EPS for the current year.
Insider Transactions at Williams Companies
In other news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $75.24, for a total value of $150,480.00. Following the transaction, the senior vice president owned 291,159 shares of the company’s stock, valued at $21,906,803.16. The trade was a 0.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Mary A. Hausman sold 10,107 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $74.91, for a total transaction of $757,115.37. Following the transaction, the chief accounting officer owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. This trade represents a 36.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,107 shares of company stock worth $3,133,015 over the last 90 days. Company insiders own 0.44% of the company’s stock.
Hedge Funds Weigh In On Williams Companies
A number of large investors have recently made changes to their positions in the business. Bayban acquired a new position in Williams Companies during the 4th quarter valued at about $187,000. Rehmann Capital Advisory Group boosted its holdings in Williams Companies by 1.7% in the fourth quarter. Rehmann Capital Advisory Group now owns 11,237 shares of the pipeline company’s stock worth $675,000 after acquiring an additional 185 shares in the last quarter. SHP Wealth Management acquired a new stake in Williams Companies in the fourth quarter worth about $30,000. S Harris Financial Group LLC purchased a new stake in shares of Williams Companies during the fourth quarter worth about $251,000. Finally, Tulsa Wealth Advisors INC purchased a new stake in shares of Williams Companies during the fourth quarter worth about $1,380,000. 86.44% of the stock is owned by institutional investors and hedge funds.
Williams Companies Company Profile
Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.
Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.
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