Williams Companies (NYSE:WMB) Posts Earnings Results, Misses Estimates By $0.03 EPS

Key Points

• Williams Companies reported a quarterly EPS of $0.46, missing the consensus estimate of $0.50 by $0.04.
• The company declared a quarterly dividend of $0.50 per share, with a yield of 3.3%, highlighting a high dividend payout ratio of 106.95%.
• Research analysts currently maintain a Moderate Buy rating for Williams Companies with an average target price of $61.77.

Williams Companies (NYSE:WMB - Get Free Report) posted its quarterly earnings data on Monday. The pipeline company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.03), Zacks reports. Williams Companies had a return on equity of 15.95% and a net margin of 21.18%. During the same period in the previous year, the business earned $0.43 earnings per share. The company's quarterly revenue was up 19.0% compared to the same quarter last year. Williams Companies updated its FY 2025 guidance to 2.010-2.190 EPS.

Williams Companies Stock Up 0.0%

Williams Companies stock traded up $0.02 during mid-day trading on Monday, reaching $60.29. 8,080,159 shares of the company were exchanged, compared to its average volume of 7,793,958. The firm has a market cap of $73.52 billion, a P/E ratio of 32.24, a PEG ratio of 2.00 and a beta of 0.66. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.36 and a current ratio of 0.40. The business has a fifty day moving average of $59.44 and a 200 day moving average of $58.28. Williams Companies has a 12-month low of $40.41 and a 12-month high of $63.45.

Williams Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 29th. Investors of record on Friday, September 12th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Friday, September 12th. This represents a $2.00 dividend on an annualized basis and a yield of 3.3%. Williams Companies's payout ratio is 106.95%.

Insider Buying and Selling at Williams Companies

In related news, SVP Terrance Lane Wilson sold 2,000 shares of the business's stock in a transaction that occurred on Friday, August 1st. The shares were sold at an average price of $59.68, for a total transaction of $119,360.00. Following the completion of the transaction, the senior vice president owned 313,645 shares in the company, valued at $18,718,333.60. The trade was a 0.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.44% of the company's stock.

Hedge Funds Weigh In On Williams Companies

An institutional investor recently raised its position in Williams Companies stock. Brighton Jones LLC grew its stake in shares of Williams Companies, Inc. (The) (NYSE:WMB - Free Report) by 40.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,680 shares of the pipeline company's stock after acquiring an additional 3,969 shares during the quarter. Brighton Jones LLC's holdings in Williams Companies were worth $740,000 as of its most recent SEC filing. 86.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

WMB has been the subject of a number of analyst reports. Scotiabank increased their price objective on shares of Williams Companies from $59.00 to $60.00 and gave the stock a "sector perform" rating in a research note on Tuesday, July 15th. TD Cowen assumed coverage on shares of Williams Companies in a report on Monday, July 7th. They issued a "buy" rating and a $67.00 target price on the stock. Wells Fargo & Company raised their price objective on Williams Companies from $64.00 to $67.00 and gave the company an "overweight" rating in a research note on Wednesday, May 28th. Royal Bank Of Canada reissued an "outperform" rating and set a $63.00 target price on shares of Williams Companies in a research report on Tuesday, July 15th. Finally, Wolfe Research upgraded Williams Companies from an "underperform" rating to a "peer perform" rating in a research report on Friday, June 13th. Seven research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $61.77.

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.