US Capital Advisors Downgrades Williams Companies (NYSE:WMB) to Hold

Williams Companies (NYSE:WMB) was downgraded by investment analysts at US Capital Advisors from an “overweight” rating to a “hold” rating in a research report issued on Monday, Zacks.com reports. US Capital Advisors also issued estimates for Williams Companies’ Q1 2024 earnings at $0.49 EPS, Q2 2024 earnings at $0.39 EPS, Q3 2024 earnings at $0.39 EPS, FY2024 earnings at $1.71 EPS, Q3 2025 earnings at $0.44 EPS, Q4 2025 earnings at $0.54 EPS, FY2025 earnings at $1.87 EPS and FY2026 earnings at $2.02 EPS.

A number of other research firms have also issued reports on WMB. Barclays boosted their price target on shares of Williams Companies from $37.00 to $38.00 and gave the company an “equal weight” rating in a report on Thursday, April 11th. UBS Group boosted their price target on shares of Williams Companies from $43.00 to $47.00 and gave the company a “buy” rating in a report on Friday, April 12th. Truist Financial boosted their price target on shares of Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a report on Monday, March 25th. Finally, Wolfe Research restated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a report on Thursday, April 18th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $39.22.

Williams Companies Stock Down 2.2 %

WMB stock opened at $38.36 on Monday. Williams Companies has a 12 month low of $28.27 and a 12 month high of $39.76. The firm has a market cap of $46.73 billion, a PE ratio of 14.64, a P/E/G ratio of 6.13 and a beta of 1.05. The firm has a 50 day simple moving average of $37.63 and a 200 day simple moving average of $35.95. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.77 and a quick ratio of 0.73.

Williams Companies (NYSE:WMB) last released its earnings results on Wednesday, February 14th. The pipeline company reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. Williams Companies had a net margin of 29.22% and a return on equity of 16.20%. During the same quarter last year, the firm earned $0.53 earnings per share. Equities research analysts forecast that Williams Companies will post 1.83 earnings per share for the current fiscal year.

Institutional Trading of Williams Companies

Several large investors have recently added to or reduced their stakes in WMB. Western Pacific Wealth Management LP bought a new stake in Williams Companies in the fourth quarter worth approximately $25,000. Turtle Creek Wealth Advisors LLC bought a new stake in Williams Companies in the fourth quarter worth approximately $26,000. Rise Advisors LLC bought a new stake in Williams Companies in the first quarter worth approximately $27,000. Carmel Capital Partners LLC bought a new stake in Williams Companies in the third quarter worth approximately $31,000. Finally, Fairman Group LLC bought a new stake in Williams Companies in the fourth quarter worth approximately $31,000. 86.44% of the stock is owned by institutional investors.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.