Williams Companies (NYSE:WMB) Given New $78.00 Price Target at Royal Bank Of Canada

Williams Companies (NYSE:WMB – Get Free Report) had its price objective increased by Royal Bank Of Canada from $75.00 to $78.00 in a report issued on Wednesday,Benzinga reports. The brokerage presently has an “outperform” rating on the pipeline company’s stock. Royal Bank Of Canada’s price objective would suggest a potential upside of 9.64% from the company’s previous close. Get Williams Companies alerts: Sign Up Several other brokerages also recently commented on WMB. Mizuho upgraded shares of Williams Companies to a “strong-buy” rating in a report on Monday, October 27th. Zacks Research raised Williams Companies from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 4th. Tudor Pickering upgraded Williams Companies from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 1st. Citigroup boosted their price target on Williams Companies from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Barclays boosted their target price on shares of Williams Companies from $65.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Williams Companies has an average rating of “Moderate Buy” and an average price target of $70.43. View Our Latest Stock Report on Williams Companies Williams Companies Stock Up 3.3% NYSE WMB traded up $2.30 on Wednesday, reaching $71.14. The stock had a trading volume of 5,747,432 shares, compared to its average volume of 8,127,381. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 1.73. Williams Companies has a 1 year low of $51.58 and a 1 year high of $71.58. The business has a 50 day moving average price of $62.16 and a 200 day moving average price of $60.55. The company has a market capitalization of $86.88 billion, a price-to-earnings ratio of 36.70, a P/E/G ratio of 1.57 and a beta of 0.65. Williams Companies (NYSE:WMB – Get Free Report) last announced its earnings results on Tuesday, February 10th. The pipeline company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.10 billion. Williams Companies had a net margin of 20.61% and a return on equity of 16.74%. During the same quarter in the previous year, the company earned $0.47 EPS. Williams Companies has set its FY 2026 guidance at 2.200-2.380 EPS. On average, analysts forecast that Williams Companies will post 2.08 EPS for the current fiscal year. Insider Activity In other Williams Companies news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $66.39, for a total value of $132,780.00. Following the sale, the senior vice president directly owned 293,545 shares of the company’s stock, valued at approximately $19,488,452.55. The trade was a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.44% of the stock is currently owned by insiders. Institutional Investors Weigh In On Williams Companies Several large investors have recently made changes to their positions in WMB. Vanguard Group Inc. boosted its stake in Williams Companies by 0.7% during the fourth quarter. Vanguard Group Inc. now