Williams Companies (WMB) has been under recent discussions in multiple investment circles. It is noted that their earnings per share (EPS) is a presenting opportunity due to recent growth. There has been an active movement in their stocks by institutional and financial companies such as Assetmark, Jump Financial, Dynamic Technology Lab, Fisher Asset Management, Avantax Advisory Services, and Franklin Resources. WMB's Q1 2024 earnings have exceeded expectations with an upwards revision for the FY2024 EPS estimates by US Capital Advisors. Besides, WMB reported a record in financial results for 2023 that led to an 82% return for the investors over the past three years. An increase in dividend was declared at $0.475, which is more than the previous year. The focus has also been on their strategic SWOT insight with the healthy Q1 results and projections aligning with the EPS. Discussions around a bid for Tellurian that was not pursued and unresolved issues with Energy Transfer over a pipeline dispute were also brought forth. WMB acquired gas storage assets worth $2 billion aligning it with its increased growth returns. A high institutional backing is witnessed with 88%-87% ownership. However stock advice was lowered to hold at US Capital Advisors. Their short interest saw a decline in April.
Williams Companies WMB News Analytics from Wed, 06 Sep 2023 07:00:00 GMT to Sun, 26 May 2024 20:51:11 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 3
