UBS Group Increases Williams Companies (NYSE:WMB) Price Target to $89.00

Williams Companies (NYSE:WMBGet Free Report) had its price target boosted by research analysts at UBS Group from $78.00 to $89.00 in a report released on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the pipeline company’s stock. UBS Group’s target price indicates a potential upside of 23.27% from the stock’s previous close.

Several other equities analysts have also recently weighed in on WMB. BMO Capital Markets reduced their price target on Williams Companies from $72.00 to $70.00 and set an “outperform” rating for the company in a research report on Wednesday, November 5th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Citigroup upped their target price on shares of Williams Companies from $70.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Scotiabank raised shares of Williams Companies from a “sector perform” rating to a “sector outperform” rating and raised their price target for the company from $66.00 to $84.00 in a report on Friday, February 13th. Finally, Jefferies Financial Group upped their price target on shares of Williams Companies from $78.00 to $81.00 and gave the stock a “buy” rating in a report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $75.36.

Check Out Our Latest Analysis on WMB

Williams Companies Price Performance

NYSE WMB opened at $72.20 on Tuesday. The company has a market cap of $88.17 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 1.29 and a beta of 0.65. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 1.83. The firm’s 50-day simple moving average is $63.34 and its two-hundred day simple moving average is $61.07. Williams Companies has a 52 week low of $51.58 and a 52 week high of $73.04.

Williams Companies (NYSE:WMBGet Free Report) last announced its quarterly earnings results on Tuesday, February 10th. The pipeline company reported $0.55 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). Williams Companies had a net margin of 21.90% and a return on equity of 17.32%. The business had revenue of $3.20 billion for the quarter, compared to analysts’ expectations of $3.10 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. Research analysts predict that Williams Companies will post 2.08 earnings per share for the current year.

Insider Activity at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $66.39, for a total value of $132,780.00. Following the transaction, the senior vice president owned 293,545 shares in the company, valued at $19,488,452.55. This trade represents a 0.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.44% of the company’s stock.

Institutional Investors Weigh In On Williams Companies

A number of hedge funds and other institutional investors have recently modified their holdings of WMB. Towne Trust Company N.A increased its stake in Williams Companies by 60.2% in the 4th quarter. Towne Trust Company N.A now owns 431 shares of the pipeline company’s stock worth $26,000 after purchasing an additional 162 shares during the period. Motiv8 Investments LLC purchased a new position in shares of Williams Companies in the fourth quarter worth $27,000. Hartford Funds Management Co LLC purchased a new stake in Williams Companies during the 2nd quarter valued at $29,000. Clearstead Trust LLC grew its holdings in Williams Companies by 62.2% in the 4th quarter. Clearstead Trust LLC now owns 485 shares of the pipeline company’s stock worth $29,000 after acquiring an additional 186 shares during the last quarter. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Williams Companies in the fourth quarter valued at about $29,000. Institutional investors own 86.44% of the company’s stock.

Williams Companies News Roundup

Here are the key news stories impacting Williams Companies this week:

About Williams Companies

(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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Analyst Recommendations for Williams Companies (NYSE:WMB)

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