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

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

Other equities research analysts also recently issued reports about the company. Royal Bank Of Canada lifted their price objective on Williams Companies from $75.00 to $78.00 and gave the stock an “outperform” rating in a report on Wednesday. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Monday, December 29th. 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. TD Cowen increased their price target on Williams Companies from $69.00 to $70.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Finally, Mizuho upgraded Williams Companies to a “strong-buy” rating in a research note on Monday, October 27th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and an average price target of $71.21.

Williams Companies Stock Up 0.6%

NYSE:WMB traded up $0.42 on Thursday, reaching $71.54. 4,273,043 shares of the stock traded hands, compared to its average volume of 8,204,564. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73. The company has a market capitalization of $87.37 billion, a price-to-earnings ratio of 33.41, a PEG ratio of 1.61 and a beta of 0.65. Williams Companies has a 12 month low of $51.58 and a 12 month high of $72.28. The company’s fifty day simple moving average is $62.35 and its 200 day simple moving average is $60.62.

Williams Companies (NYSE:WMB) last posted 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). Williams Companies had a net margin of 21.90% and a return on equity of 17.37%. The firm had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts predict that Williams Companies will post 2.08 EPS for the current fiscal year.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $66.39, for a total value of $132,780.00. Following the completion of the transaction, the senior vice president owned 293,545 shares in the company, valued at approximately $19,488,452.55. This represents a 0.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Williams Companies

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its position in shares of Williams Companies by 3.1% during the third quarter. Envestnet Asset Management Inc. now owns 4,540,556 shares of the pipeline company’s stock worth $287,644,000 after buying an additional 134,777 shares during the period. World Investment Advisors lifted its holdings in Williams Companies by 185.6% in the 3rd quarter. World Investment Advisors now owns 43,069 shares of the pipeline company’s stock valued at $2,728,000 after acquiring an additional 27,987 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Williams Companies by 9.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 184,123 shares of the pipeline company’s stock valued at $11,664,000 after purchasing an additional 16,027 shares in the last quarter. Compass Wealth Management LLC grew its stake in shares of Williams Companies by 75.9% in the 3rd quarter. Compass Wealth Management LLC now owns 125,290 shares of the pipeline company’s stock worth $7,937,000 after purchasing an additional 54,057 shares during the last quarter. Finally, Nordea Investment Management AB lifted its stake in Williams Companies by 11.3% during the third quarter. Nordea Investment Management AB now owns 1,740,024 shares of the pipeline company’s stock valued at $110,126,000 after purchasing an additional 176,880 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

About Williams Companies

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.