Williams Companies (NYSE:WMB) Price Target Raised to $90.00

Williams Companies (NYSE:WMB) had its price target lifted by stock analysts at Morgan Stanley from $83.00 to $90.00 in a research note issued on Monday,Benzinga reports. The firm currently has an “overweight” rating on the pipeline company’s stock. Morgan Stanley’s target price indicates a potential upside of 17.46% from the stock’s previous close.

Several other research firms have also recently issued reports on WMB. TD Cowen upped their target price on shares of Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, November 6th. Wells Fargo & Company boosted their price objective on shares of Williams Companies from $71.00 to $80.00 and gave the company an “overweight” rating in a report on Wednesday, February 11th. BMO Capital Markets dropped their target price on shares of Williams Companies from $72.00 to $70.00 and set an “outperform” rating on the stock in a report on Wednesday, November 5th. Citigroup increased their price target on Williams Companies from $70.00 to $81.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Zacks Research upgraded Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Two equities research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $75.86.

Williams Companies Stock Up 2.5%

Williams Companies stock traded up $1.90 during trading hours on Monday, hitting $76.62. The stock had a trading volume of 2,800,989 shares, compared to its average volume of 7,751,551. The stock’s 50-day moving average price is $65.35 and its 200-day moving average price is $61.83. Williams Companies has a 12-month low of $51.58 and a 12-month high of $76.87. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The stock has a market capitalization of $93.60 billion, a P/E ratio of 35.87, a price-to-earnings-growth ratio of 1.33 and a beta of 0.63.

Williams Companies (NYSE:WMB) last announced 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). The firm had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. During the same period last year, the business earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities research analysts anticipate that Williams Companies will post 2.08 EPS for the current fiscal year.

Insider Activity at Williams Companies

In other news, SVP Terrance Lane Wilson sold 27,000 shares of the firm’s stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total transaction of $1,968,840.00. Following the sale, the senior vice president directly owned 293,159 shares in the company, valued at $21,377,154.28. This trade represents a 8.43% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Mary A. Hausman sold 10,107 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 17,230 shares of the company’s stock, valued at $1,290,699.30. This 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 41,107 shares of company stock valued at $2,982,535 over the last three months. 0.44% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Williams Companies

Several large investors have recently made changes to their positions in WMB. Towne Trust Company N.A boosted its stake in 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 purchasing an additional 162 shares during the period. Motiv8 Investments LLC bought a new position in shares of Williams Companies during the 4th quarter valued at about $27,000. Hartford Funds Management Co LLC purchased a new position in shares of Williams Companies during the second quarter valued at about $29,000. Clearstead Trust LLC increased its holdings in shares of Williams Companies by 62.2% in the fourth quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after purchasing an additional 186 shares during the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Williams Companies in the fourth quarter worth about $29,000. 86.44% of the stock is currently 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.