Williams Companies (NYSE:WMB) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Williams Companies (NYSE:WMBGet Free Report) had its price target hoisted by investment analysts at JPMorgan Chase & Co. from $88.00 to $89.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has an “overweight” rating on the pipeline company’s stock. JPMorgan Chase & Co.‘s price target indicates a potential upside of 22.73% from the company’s current price.

A number of other research firms also recently issued reports on WMB. Scotiabank boosted their target price on shares of Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research report on Tuesday, May 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of Williams Companies in a research note on Wednesday, June 24th. Citigroup boosted their price objective on Williams Companies from $81.00 to $83.00 and gave the company a “buy” rating in a report on Friday, May 8th. UBS Group upped their target price on Williams Companies from $89.00 to $91.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Morgan Stanley lifted their price target on Williams Companies from $90.00 to $98.00 and gave the company an “overweight” rating in a research report on Wednesday, May 20th. Four investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $82.94.

Get Our Latest Report on Williams Companies

Williams Companies Stock Performance

NYSE:WMB traded down $1.82 during midday trading on Wednesday, hitting $72.52. The company’s stock had a trading volume of 902,715 shares, compared to its average volume of 7,039,324. Williams Companies has a fifty-two week low of $55.82 and a fifty-two week high of $80.07. The firm’s 50 day moving average is $73.97 and its 200-day moving average is $70.03. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.83 and a quick ratio of 0.76. The firm has a market cap of $88.59 billion, a P/E ratio of 31.78, a P/E/G ratio of 1.83 and a beta of 0.58.

Williams Companies (NYSE:WMBGet Free Report) last announced its quarterly earnings data on Monday, May 4th. The pipeline company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.63 by $0.10. The business had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $3.28 billion. Williams Companies had a net margin of 23.39% and a return on equity of 18.34%. The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Equities analysts anticipate that Williams Companies will post 2.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $76.35, for a total transaction of $152,700.00. Following the transaction, the senior vice president owned 287,159 shares in the company, valued at approximately $21,924,589.65. This represents a 0.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction that occurred on Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the transaction, the chief operating officer owned 98,219 shares in the company, valued at $7,511,789.12. This represents a 10.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 66,500 shares of company stock worth $5,034,335 in the last 90 days. 0.47% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Williams Companies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Towne Trust Company N.A lifted its holdings in Williams Companies by 60.2% during the fourth quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock valued at $26,000 after purchasing an additional 162 shares in the last quarter. Main Street Group LTD acquired a new position in shares of Williams Companies during the 1st quarter worth about $26,000. Motiv8 Investments LLC purchased a new position in Williams Companies in the 4th quarter valued at about $27,000. Clearstead Trust LLC lifted its stake in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock valued at $29,000 after buying an additional 186 shares in the last quarter. Finally, Kemnay Advisory Services Inc. acquired a new stake in Williams Companies in the 4th quarter worth about $29,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Company Profile

(Get Free Report)

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.

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