Williams Companies (NYSE:WMB) Now Covered by Analysts at Capital One Financial

Analysts at Capital One Financial assumed coverage on shares of Williams Companies (NYSE:WMB) in a report released on Tuesday, Briefing.com reports. The brokerage set an “overweight” rating and a $92.00 price target on the pipeline company’s stock. Capital One Financial‘s price target suggests a potential upside of 28.33% from the stock’s current price.

A number of other equities analysts have also recently commented on WMB. Canadian Imperial Bank of Commerce lifted their price objective on shares of Williams Companies from $83.00 to $85.00 and gave the stock an “outperformer” rating in a research note on Tuesday, May 26th. JPMorgan Chase & Co. increased their price target on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a report on Wednesday, July 1st. Wells Fargo & Company boosted their price objective on Williams Companies from $89.00 to $90.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 5th. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. Finally, Truist Financial lifted their target price on Williams Companies from $84.00 to $88.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Williams Companies has a consensus rating of “Buy” and a consensus price target of $85.94.

Williams Companies Stock Down 0.5%

Shares of WMB stock opened at $71.69 on Tuesday. The company’s fifty day simple moving average is $72.99 and its two-hundred day simple moving average is $73.43. Williams Companies has a 52 week low of $56.19 and a 52 week high of $80.07. The stock has a market cap of $87.69 billion, a P/E ratio of 28.56, a PEG ratio of 1.51 and a beta of 0.59. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. The firm had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.83 billion. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the business posted $0.46 earnings per share. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Analysts predict that Williams Companies will post 2.43 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Terrance Wilson sold 13,000 shares of Williams Companies stock in a transaction on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the sale, the senior vice president directly owned 268,159 shares in the company, valued at approximately $20,077,064.33. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last 90 days, insiders sold 19,000 shares of company stock valued at $1,414,050. Corporate insiders own 0.47% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Infrastructure Capital Advisors LLC purchased a new stake in shares of Williams Companies during the second quarter worth approximately $15,277,000. Cynosure Group LLC purchased a new stake in shares of Williams Companies during the second quarter worth $647,000. Ieq Capital LLC purchased a new position in shares of Williams Companies in the second quarter worth about $2,504,000. The Manufacturers Life Insurance Company acquired a new position in Williams Companies during the second quarter worth about $77,998,000. Finally, SIR Capital Management L.P. boosted its position in Williams Companies by 40.0% during the fourth quarter. SIR Capital Management L.P. now owns 525,232 shares of the pipeline company’s stock worth $31,572,000 after acquiring an additional 150,032 shares during the last quarter. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Williams Companies Company Profile

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.