Williams Companies (NYSE:WMB) Price Target Raised to $86.00 at Scotiabank

Williams Companies (NYSE:WMB) had its target price raised by stock analysts at Scotiabank from $85.00 to $86.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “sector outperform” rating on the pipeline company’s stock. Scotiabank’s price target suggests a potential upside of 15.05% from the company’s current price.

A number of other equities research analysts have also recently weighed in on WMB. Zacks Research raised shares of Williams Companies from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 4th. Morgan Stanley boosted their price target on shares of Williams Companies from $83.00 to $90.00 and gave the company an “overweight” rating in a research report on Monday, March 2nd. Wells Fargo & Company boosted their price target on shares of Williams Companies from $80.00 to $89.00 and gave the company an “overweight” rating in a research report on Friday, March 13th. Royal Bank Of Canada boosted their price target on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Finally, TD Cowen boosted their price target on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. Four investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $80.33.

Williams Companies Stock Up 0.8%

Shares of WMB stock traded up $0.57 on Tuesday, reaching $74.75. 1,581,274 shares of the stock were exchanged, compared to its average volume of 6,912,441. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. The business’s 50 day moving average price is $73.16 and its 200 day moving average price is $66.30. The company has a market capitalization of $91.31 billion, a price-to-earnings ratio of 32.71, a PEG ratio of 1.25 and a beta of 0.61. Williams Companies has a twelve month low of $55.82 and a twelve month high of $77.41.

Williams Companies (NYSE:WMB) last issued its earnings results on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The company’s revenue was down .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.60 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. As a group, sell-side analysts expect that Williams Companies will post 2.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Lane Wilson sold 27,000 shares of Williams Companies stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $72.92, for a total value of $1,968,840.00. Following the transaction, the senior vice president directly owned 293,159 shares in the company, valued at approximately $21,377,154.28. The trade was a 8.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Payvand Fazel sold 2,898 shares of Williams Companies stock in a transaction on Friday, March 13th. The shares were sold at an average price of $73.15, for a total transaction of $211,988.70. Following the completion of the transaction, the senior vice president owned 31,766 shares in the company, valued at approximately $2,323,682.90. This represents a 8.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 103,369 shares of company stock valued at $7,700,932 in the last quarter. Corporate insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Williams Companies by 40.9% during the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock worth $740,000 after buying an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC increased its holdings in Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock valued at $291,000 after buying an additional 242 shares in the last quarter. Treasurer of the State of North Carolina increased its holdings in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock valued at $35,734,000 after buying an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in Williams Companies by 3.0% in the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares in the last quarter. Finally, Ieq Capital LLC increased its holdings in Williams Companies by 160.1% in the second quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

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.