Williams Companies (NYSE:WMB) Stock Price Expected to Rise, Truist Financial Analyst Says

Williams Companies (NYSE:WMB) had its price target increased by investment analysts at Truist Financial from $84.00 to $88.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the pipeline company’s stock. Truist Financial’s price target would suggest a potential upside of 19.45% from the stock’s current price.

A number of other research firms have also commented on WMB. Wells Fargo & Company raised their price target on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a report on Wednesday, August 5th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. JPMorgan Chase & Co. boosted their target price on Williams Companies from $88.00 to $89.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 1st. Finally, Stifel Nicolaus lifted their price target on Williams Companies from $78.00 to $83.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $84.12.

Williams Companies Stock Performance

Shares of WMB traded up $1.36 during trading hours on Wednesday, hitting $73.67. The company’s stock had a trading volume of 1,617,419 shares, compared to its average volume of 6,963,923. The business has a 50 day simple moving average of $73.15 and a two-hundred day simple moving average of $72.75. Williams Companies has a 52-week low of $55.82 and a 52-week high of $80.07. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. The company has a market cap of $90.11 billion, a price-to-earnings ratio of 29.35, a PEG ratio of 1.69 and a beta of 0.59.

Williams Companies (NYSE:WMB) last released its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, hitting the consensus estimate of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The company had revenue of $3.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. During the same period last year, the firm earned $0.46 EPS. Williams Companies’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, equities analysts expect that Williams Companies will post 2.44 earnings per share for the current fiscal year.

Insider Transactions at Williams Companies

In related news, SVP Glen G. Jasek sold 2,500 shares of the stock in a transaction on Friday, May 15th. The shares were sold at an average price of $78.15, for a total transaction of $195,375.00. Following the transaction, the senior vice president owned 54,101 shares of the company’s stock, valued at approximately $4,227,993.15. This trade represents a 4.42% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $70.65, for a total transaction of $141,300.00. Following the completion of the transaction, the senior vice president owned 281,159 shares in the company, valued at approximately $19,863,883.35. The trade was a 0.71% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 18,500 shares of company stock worth $1,402,755. 0.47% of the stock is currently owned by insiders.

Institutional Trading of Williams Companies

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised its position in Williams Companies by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 133,963,343 shares of the pipeline company’s stock valued at $8,052,537,000 after purchasing an additional 883,245 shares during the last quarter. State Street Corp lifted its holdings in Williams Companies by 1.9% in the fourth quarter. State Street Corp now owns 67,981,106 shares of the pipeline company’s stock worth $4,086,344,000 after buying an additional 1,296,991 shares during the period. Bank of America Corp DE grew its holdings in shares of Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock worth $2,768,298,000 after acquiring an additional 2,100,164 shares during the period. Morgan Stanley lifted its stake in shares of Williams Companies by 11.0% in the 4th quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock valued at $2,018,017,000 after purchasing an additional 3,314,851 shares during the period. Finally, Clearbridge Investments LLC grew 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 worth $1,281,875,000 after purchasing an additional 3,748,126 shares during the period. 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.