Williams Companies (NYSE:WMB) Earns "Buy (B-)" Rating from Weiss Ratings

Key Points

• Williams Companies has received a "Buy (B-)" rating from Weiss Ratings, indicating positive sentiment from analysts regarding the stock's performance.
• Several analysts have varied ratings for Williams Companies, with target prices reaching as high as $67.00 and a consensus rating of "Moderate Buy" with an average target of $66.00.
• Williams Companies recently reported earnings of $0.46 EPS, missing estimates, while showing a year-over-year revenue increase of 19.0%.

Williams Companies (NYSE:WMB - Get Free Report)'s stock had its "buy (b-)" rating reissued by Weiss Ratings in a research report issued to clients and investors on Tuesday,Weiss Ratings reports.

Several other research analysts also recently commented on the stock. Royal Bank Of Canada reiterated an "outperform" rating and issued a $63.00 target price on shares of Williams Companies in a report on Tuesday, July 15th. The Goldman Sachs Group lifted their target price on shares of Williams Companies from $59.00 to $65.00 and gave the stock a "neutral" rating in a report on Thursday, October 2nd. Wall Street Zen downgraded shares of Williams Companies from a "hold" rating to a "sell" rating in a report on Saturday, October 4th. CIBC upgraded shares of Williams Companies from a "neutral" rating to a "sector outperform" rating and set a $64.00 target price on the stock in a report on Friday, August 15th. Finally, TD Cowen began coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $66.00.

Williams Companies Stock Up 0.1%

Shares of WMB stock traded up $0.04 on Tuesday, hitting $62.72. The company's stock had a trading volume of 1,858,453 shares, compared to its average volume of 7,483,533. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.54 and a quick ratio of 0.48. Williams Companies has a fifty-two week low of $50.29 and a fifty-two week high of $65.55. The firm's fifty day moving average price is $59.60 and its 200-day moving average price is $59.09. The stock has a market capitalization of $76.47 billion, a price-to-earnings ratio of 31.51, a P/E/G ratio of 2.09 and a beta of 0.65.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings data on Monday, August 4th. The pipeline company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.49 by ($0.03). Williams Companies had a net margin of 21.63% and a return on equity of 16.23%. The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period in the previous year, the firm posted $0.43 EPS. The firm's revenue for the quarter was up 19.0% on a year-over-year basis. Williams Companies has set its FY 2025 guidance at 2.010-2.190 EPS. Research analysts anticipate that Williams Companies will post 2.08 EPS for the current year.

Insider Transactions at Williams Companies

In related news, COO Larry C. Larsen sold 4,500 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $58.47, for a total value of $263,115.00. Following the sale, the chief operating officer owned 77,612 shares of the company's stock, valued at $4,537,973.64. The trade was a 5.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $57.62, for a total transaction of $115,240.00. Following the completion of the sale, the senior vice president directly owned 311,645 shares in the company, valued at approximately $17,956,984.90. The trade was a 0.64% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 8,500 shares of company stock worth $497,715. 0.44% of the stock is currently owned by insiders.

Institutional Trading of Williams Companies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WMB. Brighton Jones LLC boosted its position in Williams Companies by 40.9% in the fourth quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company's stock valued at $740,000 after buying an additional 3,969 shares in the last quarter. GAMMA Investing LLC boosted its position in Williams Companies by 8.9% in the first quarter. GAMMA Investing LLC now owns 37,458 shares of the pipeline company's stock valued at $2,238,000 after buying an additional 3,058 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Williams Companies by 27.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 402,967 shares of the pipeline company's stock valued at $24,081,000 after buying an additional 87,031 shares in the last quarter. Ritholtz Wealth Management boosted its position in Williams Companies by 37.1% in the first quarter. Ritholtz Wealth Management now owns 15,762 shares of the pipeline company's stock valued at $942,000 after buying an additional 4,267 shares in the last quarter. Finally, Mission Wealth Management LP boosted its position in Williams Companies by 15.6% in the first quarter. Mission Wealth Management LP now owns 7,300 shares of the pipeline company's stock valued at $436,000 after buying an additional 987 shares in the last quarter. Institutional investors own 86.44% of the company's stock.

Williams Companies Company Profile

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.

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