Seaport Res Ptn Has Pessimistic View of WMB FY2026 Earnings

The Williams Companies, Inc. (NYSE:WMB - Free Report) - Equities research analysts at Seaport Res Ptn reduced their FY2026 earnings per share (EPS) estimates for shares of Williams Companies in a report issued on Monday, April 28th. Seaport Res Ptn analyst S. Sibal now forecasts that the pipeline company will post earnings per share of $2.17 for the year, down from their prior forecast of $2.20. The consensus estimate for Williams Companies' current full-year earnings is $2.08 per share.

Williams Companies (NYSE:WMB - Get Free Report) last issued its quarterly earnings results on Monday, May 5th. The pipeline company reported $0.60 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.05. Williams Companies had a net margin of 21.17% and a return on equity of 15.85%. The company had revenue of $3.05 billion during the quarter, compared to analyst estimates of $2.90 billion. During the same period last year, the business earned $0.59 EPS. Williams Companies's quarterly revenue was up 10.0% compared to the same quarter last year.

A number of other research analysts also recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Williams Companies from $62.00 to $63.00 and gave the company an "outperform" rating in a research report on Tuesday, March 4th. Barclays upped their target price on shares of Williams Companies from $56.00 to $58.00 and gave the company an "equal weight" rating in a research report on Friday, March 21st. Truist Financial lifted their price objective on shares of Williams Companies from $56.00 to $60.00 and gave the company a "hold" rating in a report on Friday, February 14th. Morgan Stanley upped their price objective on Williams Companies from $58.00 to $70.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 25th. Finally, Citigroup boosted their price objective on shares of Williams Companies from $63.00 to $65.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Seven equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to data from MarketBeat.com, Williams Companies presently has an average rating of "Moderate Buy" and a consensus price target of $57.77.

Williams Companies Stock Down 3.1 %

Shares of NYSE:WMB traded down $1.89 on Thursday, hitting $58.28. 7,006,918 shares of the company traded hands, compared to its average volume of 6,629,117. The company has a market cap of $71.07 billion, a PE ratio of 31.87, a PEG ratio of 5.01 and a beta of 0.66. The company has a quick ratio of 0.45, a current ratio of 0.50 and a debt-to-equity ratio of 1.67. Williams Companies has a 52 week low of $38.63 and a 52 week high of $61.67. The stock has a 50 day simple moving average of $57.84 and a 200-day simple moving average of $56.57.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new position in Williams Companies in the fourth quarter valued at about $575,103,000. Blackstone Inc. increased its stake in Williams Companies by 36.5% in the 4th quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company's stock valued at $1,025,795,000 after purchasing an additional 5,068,738 shares in the last quarter. Marshall Wace LLP grew its holdings in Williams Companies by 2,303.2% in the fourth quarter. Marshall Wace LLP now owns 3,517,336 shares of the pipeline company's stock valued at $190,358,000 after purchasing an additional 3,370,974 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Williams Companies by 6,407.2% in the first quarter. GAMMA Investing LLC now owns 2,238,490 shares of the pipeline company's stock valued at $133,772,000 after buying an additional 2,204,090 shares in the last quarter. Finally, Castle Hook Partners LP boosted its position in shares of Williams Companies by 69.1% in the 4th quarter. Castle Hook Partners LP now owns 5,055,184 shares of the pipeline company's stock worth $273,587,000 after buying an additional 2,065,906 shares in the last quarter. 86.44% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Williams Companies

In other Williams Companies news, SVP Larry C. Larsen sold 8,000 shares of Williams Companies stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $56.94, for a total value of $455,520.00. Following the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at approximately $4,627,229.10. The trade was a 8.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Chad A. Teply sold 26,000 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were sold at an average price of $56.46, for a total value of $1,467,960.00. Following the sale, the senior vice president now directly owns 133,048 shares of the company's stock, valued at approximately $7,511,890.08. This represents a 16.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 139,583 shares of company stock valued at $7,563,278 over the last ninety days. Insiders own 0.44% of the company's stock.

Williams Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be given a dividend of $0.50 per share. The ex-dividend date is Friday, June 13th. This represents a $2.00 annualized dividend and a dividend yield of 3.43%. Williams Companies's dividend payout ratio is presently 109.29%.

Williams Companies Company Profile

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.