Williams Companies (NYSE:WMB) Given New $81.00 Price Target at Citigroup

Williams Companies (NYSE:WMB) had its price objective upped by equities research analysts at Citigroup from $70.00 to $81.00 in a report released on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the pipeline company’s stock. Citigroup’s price objective would indicate a potential upside of 13.22% from the stock’s previous close.

WMB has been the subject of several other research reports. Zacks Research upgraded shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Royal Bank Of Canada upped their price objective on Williams Companies from $75.00 to $78.00 and gave the company an “outperform” rating in a research note on Wednesday. BMO Capital Markets decreased their target price on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Finally, UBS Group reaffirmed a “buy” rating on shares of Williams Companies in a research report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus target price of $71.21.

Williams Companies Stock Up 0.6%

NYSE:WMB traded up $0.42 on Thursday, hitting $71.54. The stock had a trading volume of 4,273,043 shares, compared to its average volume of 8,204,564. The stock has a market cap of $87.37 billion, a P/E ratio of 33.41, a price-to-earnings-growth ratio of 1.61 and a beta of 0.65. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.36 and a current ratio of 0.42. The firm’s fifty day simple moving average is $62.35 and its two-hundred day simple moving average is $60.62. Williams Companies has a 1 year low of $51.58 and a 1 year high of $72.28.

Williams Companies (NYSE:WMB) last issued 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 business had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a return on equity of 17.37% and a net margin of 21.90%.During the same quarter last year, the business posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts predict that Williams Companies will post 2.08 earnings per share for the current year.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $66.39, for a total transaction of $132,780.00. Following the sale, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. This trade represents a 0.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.44% of the stock is owned by insiders.

Hedge Funds Weigh In On Williams Companies

Hedge funds have recently made changes to their positions in the business. Towne Trust Company N.A raised its position in shares of Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after acquiring an additional 162 shares in the last quarter. Private Wealth Management Group LLC increased its stake in shares of Williams Companies by 104.8% in the 2nd quarter. Private Wealth Management Group LLC now owns 469 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 240 shares in the last quarter. Hartford Funds Management Co LLC bought a new position in shares of Williams Companies in the 2nd quarter worth about $29,000. Clearstead Trust LLC boosted its stake in Williams Companies by 62.2% during the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares in the last quarter. Finally, WHI TRUST Co LLC purchased a new stake in shares of Williams Companies in the 4th quarter worth approximately $30,000. 86.44% of the stock is owned by hedge funds and other institutional investors.

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.