Williams Companies (NYSE:WMB) Given New $85.00 Price Target at Jefferies Financial Group

Williams Companies (NYSE:WMB) had its price target dropped by Jefferies Financial Group from $87.00 to $85.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the pipeline company’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 14.27% from the company’s current price.

WMB has been the topic of several other reports. Stifel Nicolaus increased their price target on Williams Companies from $78.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. UBS Group upped their price objective on Williams Companies from $89.00 to $91.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Truist Financial began coverage on Williams Companies in a research note on Tuesday, March 24th. They issued a “buy” rating and a $84.00 target price on the stock. Wells Fargo & Company lifted their target price on Williams Companies from $80.00 to $89.00 and gave the stock an “overweight” rating in a research report on Friday, March 13th. Finally, TD Cowen lifted their price objective on shares of Williams Companies from $81.00 to $87.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $82.53.

Williams Companies Stock Performance

Shares of NYSE:WMB opened at $74.39 on Wednesday. The company has a current ratio of 0.83, a quick ratio of 0.76 and a debt-to-equity ratio of 1.99. Williams Companies has a 12 month low of $55.82 and a 12 month high of $80.07. The company has a market capitalization of $90.87 billion, a price-to-earnings ratio of 32.63, a PEG ratio of 1.83 and a beta of 0.58. The firm’s 50-day moving average is $73.97 and its 200 day moving average is $70.03.

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

Insider Buying and Selling at Williams Companies

In other Williams Companies news, SVP Glen G. Jasek sold 2,500 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of $78.15, for a total transaction of $195,375.00. Following the completion of the sale, the senior vice president owned 54,101 shares in the company, valued at $4,227,993.15. This represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the sale, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. This trade represents a 10.89% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 66,500 shares of company stock valued at $5,034,335 in the last ninety days. Company insiders own 0.47% of the company’s stock.

Institutional Investors Weigh In On Williams Companies

Institutional investors have recently added to or reduced their stakes in the stock. Main Street Group LTD purchased a new position in Williams Companies in the first quarter valued at about $26,000. Frazier Financial Advisors LLC lifted its position in shares of Williams Companies by 59.4% during the first quarter. Frazier Financial Advisors LLC now owns 416 shares of the pipeline company’s stock valued at $30,000 after buying an additional 155 shares during the last quarter. Towne Trust Company N.A lifted its position in shares of 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 buying an additional 162 shares during the last quarter. Motiv8 Investments LLC bought a new stake in shares of Williams Companies in the 4th quarter valued at about $27,000. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of Williams Companies by 102.5% in the 1st quarter. Cornerstone Planning Group LLC now owns 480 shares of the pipeline company’s stock valued at $37,000 after buying an additional 243 shares in the last quarter. Institutional investors own 86.44% of the company’s stock.

Williams Companies Company Profile

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.