FY2024 EPS Estimates for The Williams Companies, Inc. (NYSE:WMB) Increased by Analyst

The Williams Companies, Inc. (NYSE:WMB - Free Report) - Analysts at US Capital Advisors raised their FY2024 EPS estimates for shares of Williams Companies in a research note issued to investors on Tuesday, May 21st. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $1.82 per share for the year, up from their previous forecast of $1.71. US Capital Advisors has a "Hold" rating on the stock. The consensus estimate for Williams Companies' current full-year earnings is $1.82 per share. US Capital Advisors also issued estimates for Williams Companies' Q3 2025 earnings at $0.45 EPS and FY2025 earnings at $1.88 EPS.

Williams Companies (NYSE:WMB - Get Free Report) last released its quarterly earnings results on Monday, May 6th. The pipeline company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.10. The firm had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.69 billion. Williams Companies had a net margin of 27.29% and a return on equity of 16.27%. The company's revenue for the quarter was down 10.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.56 earnings per share.

WMB has been the subject of several other research reports. Wolfe Research reaffirmed an "underperform" rating and set a $34.00 price target on shares of Williams Companies in a research note on Thursday, April 18th. Wells Fargo & Company increased their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Friday, May 10th. Truist Financial increased their price objective on shares of Williams Companies from $35.00 to $40.00 and gave the stock a "hold" rating in a research report on Monday, March 25th. UBS Group increased their price objective on shares of Williams Companies from $43.00 to $47.00 and gave the stock a "buy" rating in a research report on Friday, April 12th. Finally, Barclays increased their price objective on shares of Williams Companies from $37.00 to $38.00 and gave the stock an "equal weight" rating in a research report on Thursday, April 11th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $39.73.

Williams Companies Trading Down 1.5 %

Shares of WMB stock traded down $0.61 during trading hours on Thursday, hitting $40.11. 5,879,758 shares of the company's stock traded hands, compared to its average volume of 6,865,689. The stock's 50 day simple moving average is $38.99 and its 200 day simple moving average is $36.52. The stock has a market cap of $48.88 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 6.68 and a beta of 1.05. Williams Companies has a 12 month low of $28.27 and a 12 month high of $41.89. The company has a quick ratio of 0.48, a current ratio of 0.52 and a debt-to-equity ratio of 1.62.

Williams Companies Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 24th. Stockholders of record on Friday, June 7th will be issued a dividend of $0.475 per share. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.74%. The ex-dividend date is Friday, June 7th. Williams Companies's dividend payout ratio is currently 79.83%.

Insider Activity

In other news, SVP Debbie L. Pickle sold 38,200 shares of Williams Companies stock in a transaction dated Thursday, May 9th. The shares were sold at an average price of $39.61, for a total transaction of $1,513,102.00. Following the completion of the transaction, the senior vice president now directly owns 60,410 shares in the company, valued at $2,392,840.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.44% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Checchi Capital Advisers LLC raised its position in Williams Companies by 1.2% in the first quarter. Checchi Capital Advisers LLC now owns 22,683 shares of the pipeline company's stock worth $884,000 after acquiring an additional 274 shares during the period. Everett Harris & Co. CA raised its position in Williams Companies by 1.8% in the first quarter. Everett Harris & Co. CA now owns 15,175 shares of the pipeline company's stock worth $591,000 after acquiring an additional 275 shares during the period. Schulhoff & Co. Inc. raised its position in Williams Companies by 1.6% in the first quarter. Schulhoff & Co. Inc. now owns 17,883 shares of the pipeline company's stock worth $697,000 after acquiring an additional 276 shares during the period. Industrial Alliance Investment Management Inc. raised its position in Williams Companies by 3.3% in the first quarter. Industrial Alliance Investment Management Inc. now owns 8,770 shares of the pipeline company's stock worth $342,000 after acquiring an additional 280 shares during the period. Finally, L.M. Kohn & Company raised its position in Williams Companies by 4.9% in the first quarter. L.M. Kohn & Company now owns 6,116 shares of the pipeline company's stock worth $238,000 after acquiring an additional 288 shares during the period. 86.44% of the stock is owned by institutional investors.

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.