FY2024 EPS Estimate for Williams Companies Lifted by Analyst

The Williams Companies, Inc. (NYSE:WMB) – Research analysts at US Capital Advisors upped their FY2024 earnings estimates for Williams Companies in a report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $1.93 per share for the year, up from their previous forecast of $1.89. The consensus estimate for Williams Companies’ current full-year earnings is $1.92 per share. US Capital Advisors also issued estimates for Williams Companies’ Q4 2025 earnings at $0.59 EPS.

WMB has been the subject of several other reports. Royal Bank of Canada boosted their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research report on Wednesday, October 16th. The Goldman Sachs Group boosted their price target on Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday. Truist Financial raised their price objective on Williams Companies from $42.00 to $52.00 and gave the stock a “hold” rating in a report on Tuesday, November 5th. CIBC lifted their target price on Williams Companies from $45.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Finally, StockNews.com downgraded Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Williams Companies currently has a consensus rating of “Hold” and a consensus price target of $51.79.

Williams Companies Stock Down 0.4 %

Shares of WMB opened at $58.14 on Thursday. The firm has a market capitalization of $70.87 billion, a P/E ratio of 24.53, a P/E/G ratio of 6.01 and a beta of 1.03. Williams Companies has a 12-month low of $32.65 and a 12-month high of $60.36. The firm has a fifty day moving average price of $52.12 and a 200-day moving average price of $46.08. The company has a current ratio of 0.57, a quick ratio of 0.51 and a debt-to-equity ratio of 1.67.

Williams Companies (NYSE:WMB) last posted its quarterly earnings data on Wednesday, November 6th. The pipeline company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The company had revenue of $2.65 billion during the quarter, compared to analysts’ expectations of $2.52 billion. During the same quarter in the previous year, the business earned $0.45 EPS. Williams Companies’s revenue was up 3.7% compared to the same quarter last year.

Williams Companies Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a dividend of $0.475 per share. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 annualized dividend and a dividend yield of 3.27%. Williams Companies’s dividend payout ratio (DPR) is presently 80.17%.

Insider Activity at Williams Companies

In related news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction dated Friday, November 8th. The stock was sold at an average price of $56.30, for a total transaction of $447,641.30. Following the transaction, the chief accounting officer now directly owns 25,858 shares of the company’s stock, valued at $1,455,805.40. This represents a 23.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total value of $90,580.00. Following the completion of the sale, the senior vice president now directly owns 304,200 shares of the company’s stock, valued at approximately $13,777,218. This represents a 0.65 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Brooklyn Investment Group grew its holdings in shares of Williams Companies by 2.6% during the third quarter. Brooklyn Investment Group now owns 7,817 shares of the pipeline company’s stock valued at $357,000 after buying an additional 197 shares during the last quarter. Dearborn Partners LLC grew its stake in Williams Companies by 1.1% during the 3rd quarter. Dearborn Partners LLC now owns 18,111 shares of the pipeline company’s stock valued at $827,000 after purchasing an additional 201 shares during the last quarter. Tidal Investments LLC increased its holdings in shares of Williams Companies by 0.5% in the third quarter. Tidal Investments LLC now owns 41,514 shares of the pipeline company’s stock valued at $1,895,000 after purchasing an additional 207 shares during the period. Pinnacle Family Advisors LLC increased its holdings in shares of Williams Companies by 3.3% in the third quarter. Pinnacle Family Advisors LLC now owns 6,510 shares of the pipeline company’s stock valued at $297,000 after purchasing an additional 211 shares during the period. Finally, Sunbelt Securities Inc. raised its stake in shares of Williams Companies by 12.6% in the third quarter. Sunbelt Securities Inc. now owns 1,899 shares of the pipeline company’s stock worth $87,000 after purchasing an additional 212 shares during the last quarter. Institutional investors and hedge funds own 86.44% of the company’s stock.

About Williams Companies

The Williams Companies, Inc, together with its subsidiaries, operates as an energy infrastructure company primarily in the United States. It operates through Transmission & Gulf of Mexico, Northeast G&P, West, and Gas & NGL Marketing Services segments. The Transmission & Gulf of Mexico segment comprises natural gas pipelines; Transco, Northwest pipeline, MountainWest, and related natural gas storage facilities; and natural gas gathering and processing, and crude oil production handling and transportation assets in the Gulf Coast region.