Research analysts at Capital One Financial initiated coverage on shares of Williams Companies (NYSE:WMB – Get Free Report) in a report issued on Tuesday, Briefing.com reports. The firm set an “overweight” rating and a $92.00 price target on the pipeline company’s stock. Capital One Financial‘s price target points to a potential upside of 28.33% from the company’s current price.
A number of other equities analysts also recently issued reports on WMB. Canadian Imperial Bank of Commerce raised their price target on Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. Wells Fargo & Company raised their target price on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. UBS Group restated a “buy” rating on shares of Williams Companies in a research note on Tuesday, July 14th. Truist Financial upped their price target on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Barclays raised their price objective on shares of Williams Companies from $73.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Williams Companies has a consensus rating of “Buy” and a consensus price target of $85.94.
Check Out Our Latest Analysis on Williams Companies
Williams Companies Stock Performance
Williams Companies (NYSE:WMB – Get Free Report) last issued its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50. The company had revenue of $3.05 billion for the quarter, compared to analysts’ expectations of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm’s quarterly revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the company posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, equities research analysts expect that Williams Companies will post 2.43 earnings per share for the current year.
Insider Activity at Williams Companies
In related news, SVP Terrance Wilson sold 2,000 shares of Williams Companies stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $75.56, for a total transaction of $151,120.00. Following the transaction, the senior vice president owned 264,259 shares in the company, valued at approximately $19,967,410.04. The trade was a 0.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 19,000 shares of company stock worth $1,414,050. 0.47% of the stock is owned by company insiders.
Institutional Investors Weigh In On Williams Companies
Institutional investors and hedge funds have recently bought and sold shares of the business. U S Wealth Group LLC. purchased a new position in shares of Williams Companies in the second quarter valued at about $264,000. Junto Capital Management LP bought a new stake in Williams Companies during the 2nd quarter valued at approximately $79,196,000. Tidal Investments LLC raised its stake in Williams Companies by 82.6% during the 2nd quarter. Tidal Investments LLC now owns 422,885 shares of the pipeline company’s stock valued at $31,437,000 after purchasing an additional 191,305 shares during the period. MCF Advisors LLC lifted its holdings in Williams Companies by 6.8% in the 2nd quarter. MCF Advisors LLC now owns 9,460 shares of the pipeline company’s stock worth $703,000 after purchasing an additional 599 shares in the last quarter. Finally, National Pension Service boosted its stake in Williams Companies by 2.8% in the 2nd quarter. National Pension Service now owns 3,306,019 shares of the pipeline company’s stock worth $245,769,000 after purchasing an additional 89,010 shares during the period. 86.44% of the stock is owned by institutional investors.
Williams Companies Company Profile
Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.
Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.
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