Williams Companies WMB has seen a variety of financial maneuvers recently, with QRG Capital Management Inc. holding a $1.73 million position and Park Avenue Securities LLC selling shares. FY 2025 earnings guidance has been updated, and PT has been raised to $48.00. However, Clarius Group LLC decreased their stock holdings and second quarter earnings fell short. Despite downgrading by StockNews.com, institutional ownership stands at a strong 88%. While concerns about risks from debt usage and possible bearish signals due to insiders disposing of stock exist, Truist has raised its share target, crediting diversified earnings. CFRA also raised the stock price target and maintained their hold rating. Even as a $1B Pipeline Project faces legal challenges, optimism persists with a raised rating from StockNews.com. Williams continues ambitious growth, with future earnings projected at $0.47 per share for Q1 2025 and Intech Investment Management LLC acquiring over 12,000 of Williams Companies shares. While Seaport reduced the company's rating to neutral based on valuation, Argus promoted Williams to 'Buy' with a bullish view on natural gas prices. Considering these updates, the financial trajectory appears broadly positive.
Williams Companies WMB News Analytics from Wed, 27 Dec 2023 08:00:00 GMT to Sun, 11 Aug 2024 16:24:09 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -4
