Q4 Earnings Estimate for WMB Issued By US Capital Advisors

The Williams Companies, Inc. (NYSE:WMB) – Research analysts at US Capital Advisors raised their Q4 2024 earnings per share estimates for shares of Williams Companies in a research report issued on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will earn $0.49 per share for the quarter, up from their previous estimate of $0.48. The consensus estimate for Williams Companies’ current full-year earnings is $1.92 per share. US Capital Advisors also issued estimates for Williams Companies’ Q1 2025 earnings at $0.53 EPS, Q2 2025 earnings at $0.46 EPS, Q3 2025 earnings at $0.48 EPS, FY2025 earnings at $2.06 EPS and FY2026 earnings at $2.26 EPS.

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

A number of other brokerages have also recently issued reports on WMB. The Goldman Sachs Group raised their price objective on shares of Williams Companies from $45.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday. Bank of America initiated coverage on Williams Companies in a research note on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective for the company. Citigroup increased their target price on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, October 3rd. CIBC boosted their target price on Williams Companies from $45.00 to $54.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Finally, Truist Financial increased their price target on shares of Williams Companies from $42.00 to $52.00 and gave the company a “hold” rating in a research report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, eight have given a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $51.79.

Williams Companies Stock Down 0.4 %

Shares of NYSE WMB opened at $58.14 on Wednesday. Williams Companies has a 1 year low of $32.65 and a 1 year high of $60.36. The firm’s 50-day moving average is $52.12 and its 200-day moving average is $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. The firm has a market capitalization of $70.87 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 5.99 and a beta of 1.03.

Institutional Trading of Williams Companies

Institutional investors and hedge funds have recently bought and sold shares of the business. Legacy Investment Solutions LLC acquired a new position in shares of Williams Companies during the 3rd quarter worth approximately $30,000. SouthState Corp bought a new position in Williams Companies during the second quarter worth $31,000. GHP Investment Advisors Inc. acquired a new position in shares of Williams Companies in the second quarter valued at $34,000. Rosenberg Matthew Hamilton raised its position in shares of Williams Companies by 50.4% in the third quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock valued at $34,000 after purchasing an additional 252 shares during the period. Finally, Quarry LP acquired a new stake in shares of Williams Companies during the 2nd quarter worth about $35,000. Institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the stock in a transaction that occurred on 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 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Mary A. Hausman sold 7,951 shares of the business’s stock in a transaction on 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 owns 25,858 shares in the company, valued at approximately $1,455,805.40. The trade was a 23.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.44% of the stock is currently owned by insiders.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be paid a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.27%. The ex-dividend date is Friday, December 13th. Williams Companies’s payout ratio is 80.17%.

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.