Williams Companies’ (WMB) “Overweight” Rating Reiterated at Barclays

Williams Companies (NYSE:WMB)‘s stock had its “overweight” rating restated by investment analysts at Barclays in a report issued on Thursday, Marketbeat Ratings reports. They presently have a $82.00 price target on the pipeline company’s stock. Barclays‘s price objective indicates a potential upside of 15.75% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. increased their price objective on shares of Williams Companies from $88.00 to $89.00 and gave the company an “overweight” rating in a research report on Wednesday, July 1st. Capital One Financial began coverage on shares of Williams Companies in a research report on Tuesday, September 22nd. They issued an “overweight” rating and a $92.00 price objective for the company. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $82.00 price objective on shares of Williams Companies in a research report on Tuesday, July 14th. Truist Financial increased their price objective on shares of Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, Wall Street Zen downgraded shares of Williams Companies from a “hold” rating to a “sell” rating in a report on Saturday, August 8th. Four analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $86.35.

Williams Companies Stock Performance

Shares of Williams Companies stock traded up $0.30 during midday trading on Thursday, hitting $70.84. The company had a trading volume of 5,767,798 shares, compared to its average volume of 7,070,605. The stock has a market cap of $86.65 billion, a price-to-earnings ratio of 28.22, a PEG ratio of 1.49 and a beta of 0.64. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83. The company has a fifty day simple moving average of $72.14 and a 200 day simple moving average of $73.15. Williams Companies has a 12-month low of $56.19 and a 12-month high of $80.07.

Williams Companies (NYSE:WMB) last announced its quarterly earnings data on Monday, August 3rd. The pipeline company reported $0.50 EPS for the quarter, meeting the consensus estimate 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 net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same period last year, the firm posted $0.46 EPS. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, analysts predict that Williams Companies will post 2.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Terrance Wilson sold 13,000 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $74.87, for a total value of $973,310.00. Following the transaction, the senior vice president owned 268,159 shares in the company, valued at approximately $20,077,064.33. This represents a 4.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders have sold 19,000 shares of company stock valued at $1,401,430. 0.47% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Williams Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Eastern Bank grew its stake in shares of Williams Companies by 29.5% during the 3rd quarter. Eastern Bank now owns 1,491 shares of the pipeline company’s stock worth $101,000 after purchasing an additional 340 shares during the period. CX Institutional grew its stake in shares of Williams Companies by 3.6% during the 3rd quarter. CX Institutional now owns 11,098 shares of the pipeline company’s stock worth $754,000 after purchasing an additional 389 shares during the period. GoalVest Advisory LLC grew its stake in shares of Williams Companies by 21.2% during the 3rd quarter. GoalVest Advisory LLC now owns 31,330 shares of the pipeline company’s stock worth $2,129,000 after purchasing an additional 5,484 shares during the period. QRG Capital Management Inc. grew its stake in shares of Williams Companies by 8.0% during the 2nd quarter. QRG Capital Management Inc. now owns 121,515 shares of the pipeline company’s stock worth $9,033,000 after purchasing an additional 9,013 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in shares of Williams Companies by 7.3% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 50,789 shares of the pipeline company’s stock worth $3,776,000 after purchasing an additional 3,472 shares during the period. Institutional investors and hedge funds own 86.44% of the company’s stock.

Williams Companies Company Profile

Williams Companies, Inc is an energy infrastructure company focused primarily on the gathering, processing, storage and transportation of natural gas and natural gas liquids. Through its extensive network of pipelines and related facilities, the company connects major U.S. producing regions with utilities, industrial customers, power generators and other energy markets.

Williams’ principal assets include the Transco interstate natural gas pipeline, which serves markets along the U.S. East Coast, as well as gathering and processing operations in regions such as the Appalachian Basin, the Rocky Mountains and the Western United States.