Williams Companies, Inc. (NYSE:WMB) stock has been attractively rallying over the past year, as noted by soaring investments from various players in the market. Major firms including Candriam S.C.A, Callan Family Office LLC, Victory Capital Management Inc., Charles Schwab Investment Management Inc., and others have significantly grown their initial stakes in the company. Record EBITDA and strategic results have been a significant factor in this growth, leading Wall Street analysts such as those from Scotiabank and the Royal Bank of Canada to expect a rise in the stock price, with new targets ranging from $53 to $63.
Furthermore, Williams has embarked on a $1.6B project to develop onsite natural gas and power infrastructure. This new deal representing the company's direction towards innovative power generation projects appears promising. However, insiders like EVP Chad A. Teply and VP Mary A. Hausman have recently sold their shares. In spite of this, the company has reported record results for 2024, raised financial guidance for 2025, and delivered solid earnings. Therefore
Williams Companies WMB News Analytics from Wed, 30 Oct 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:25:59 GMT - Rating 8 - Innovation 4 - Information 9 - Rumor 7
