Williams Companies (NYSE:WMB) Research Coverage Started at Capital One Financial

Capital One Financial began coverage on shares of Williams Companies (NYSE:WMB – Free Report) in a report released on Tuesday, Marketbeat reports. The brokerage issued an overweight rating and a $92.00 price target on the pipeline company’s stock.

Other analysts have also recently issued research reports about the stock. The Goldman Sachs Group reissued a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a research note on Tuesday, July 14th. Truist Financial raised their target price on Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Jefferies Financial Group cut their target price on Williams Companies from $87.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Wells Fargo & Company upped their price target on Williams Companies from $89.00 to $90.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Finally, Scotiabank decreased their price target on Williams Companies from $86.00 to $85.00 and set a “sector outperform” rating for the company in a research note on Thursday, September 10th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Williams Companies currently has a consensus rating of “Buy” and an average target price of $85.94.

Check Out Our Latest Stock Analysis on Williams Companies

Williams Companies Stock Down 0.8%

Shares of NYSE WMB opened at $70.55 on Tuesday. The company has a 50 day simple moving average of $72.74 and a 200 day simple moving average of $73.34. The company has a debt-to-equity ratio of 1.83, a current ratio of 0.48 and a quick ratio of 0.43. Williams Companies has a 1 year low of $56.19 and a 1 year high of $80.07. The firm has a market cap of $86.29 billion, a PE ratio of 28.11, a price-to-earnings-growth ratio of 1.49 and a beta of 0.59.

Williams Companies (NYSE:WMB – Get Free Report) last posted its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.50. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. The firm had revenue of $3.05 billion for the quarter, compared to analyst estimates of $2.83 billion. During the same period in the previous year, the firm posted $0.46 EPS. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. On average, research analysts forecast that Williams Companies will post 2.41 EPS for the current year.

Williams Companies Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be issued a dividend of $0.5250 per share. This represents a $2.10 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date is Friday, September 11th. Williams Companies’s dividend payout ratio (DPR) is presently 83.67%.

Insider Activity

In other news, SVP Terrance Wilson sold 13,000 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president directly owned 268,159 shares of the company’s stock, valued at $20,077,064.33. The trade was a 4.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders sold 19,000 shares of company stock valued at $1,414,050. 0.47% of the stock is owned by insiders.

Institutional Investors Weigh In On Williams Companies

Several large investors have recently added to or reduced their stakes in WMB. Main Street Group LTD acquired a new position in Williams Companies in the first quarter valued at approximately $26,000. Allied Private Wealth LLC bought a new stake in shares of Williams Companies in the 2nd quarter valued at $28,000. Bayforest Capital Ltd bought a new stake in shares of Williams Companies in the 2nd quarter valued at $28,000. Clearstead Trust LLC lifted its position in shares of Williams Companies by 62.2% during the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after acquiring an additional 186 shares during the period. Finally, Cornerstone Financial Management LLC lifted its position in shares of Williams Companies by 56.3% during the 2nd quarter. Cornerstone Financial Management LLC now owns 386 shares of the pipeline company’s stock valued at $29,000 after acquiring an additional 139 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

About Williams Companies

(Get Free Report)

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.

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Analyst Recommendations for Williams Companies (NYSE:WMB)

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