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 research note issued to investors on Saturday.
A number of other brokerages have also weighed in on WMB. Citigroup upped their target price on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a research note on Thursday, February 12th. Stifel Nicolaus lifted their price target on Williams Companies from $69.00 to $78.00 and gave the company a “buy” rating in a research note on Friday, February 13th. UBS Group boosted their price target on Williams Companies from $78.00 to $89.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Wells Fargo & Company upped their price objective on Williams Companies from $71.00 to $80.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group increased their price objective on Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $75.86.
View Our Latest Research Report on Williams Companies
Williams Companies Price Performance
Williams Companies (NYSE:WMB – Get Free Report) last released its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The company had revenue of $3.20 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same quarter last year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Analysts anticipate that Williams Companies will post 2.08 earnings per share for the current fiscal year.
Insider Activity
In related news, CAO Mary A. Hausman sold 10,107 shares of Williams Companies stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $74.91, for a total value of $757,115.37. Following the sale, the chief accounting officer owned 17,230 shares of the company’s stock, valued at approximately $1,290,699.30. The trade was a 36.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Terrance Lane Wilson sold 27,000 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $72.92, for a total value of $1,968,840.00. Following the sale, the senior vice president owned 293,159 shares in the company, valued at $21,377,154.28. The trade was a 8.43% 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 valued at $3,133,015 in the last 90 days. 0.44% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Williams Companies
Institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank bought a new position in shares of Williams Companies in the fourth quarter valued at $747,749,000. BROOKFIELD Corp ON raised its position in Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock worth $755,490,000 after acquiring an additional 7,884,730 shares in the last quarter. Wellington Management Group LLP raised its position in Williams Companies by 15.9% during the third quarter. Wellington Management Group LLP now owns 48,586,299 shares of the pipeline company’s stock worth $3,077,942,000 after acquiring an additional 6,668,950 shares in the last quarter. Clearbridge Investments LLC lifted its stake in Williams Companies by 21.3% in the fourth quarter. Clearbridge Investments LLC now owns 21,325,482 shares of the pipeline company’s stock valued at $1,281,875,000 after acquiring an additional 3,748,126 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Williams Companies by 4,992.2% in the fourth quarter. SG Americas Securities LLC now owns 3,704,739 shares of the pipeline company’s stock valued at $222,692,000 after acquiring an additional 3,631,986 shares during the last quarter. Institutional investors own 86.44% of the company’s stock.
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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