FY2024 Earnings Forecast for The Williams Companies, Inc. Issued By US Capital Advisors (NYSE:WMB)

The Williams Companies, Inc. (NYSE:WMB) – US Capital Advisors raised their FY2024 earnings estimates for shares of Williams Companies in a research report issued to clients and investors on Tuesday, May 21st. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $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.

Several other research analysts have also weighed in on WMB. Barclays increased their target price on shares of Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 11th. Truist Financial boosted their target price on Williams Companies from $35.00 to $40.00 and gave the company a “hold” rating in a research report on Monday, March 25th. Wolfe Research restated an “underperform” rating and set a $34.00 price target on shares of Williams Companies in a research report on Thursday, April 18th. Stifel Nicolaus lifted their price objective on Williams Companies from $40.00 to $43.00 and gave the company a “buy” rating in a research note on Wednesday, May 8th. Finally, Wells Fargo & Company increased their target price on Williams Companies from $37.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Friday, May 10th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Williams Companies currently has an average rating of “Hold” and a consensus target price of $39.73.

Williams Companies Stock Down 2.5 %

Shares of NYSE:WMB opened at $40.72 on Thursday. The company has a market capitalization of $49.63 billion, a price-to-earnings ratio of 17.11, a PEG 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 business has a 50-day moving average price of $38.93 and a 200 day moving average price of $36.49. The company has a current ratio of 0.52, a quick ratio of 0.48 and a debt-to-equity ratio of 1.62.

Williams Companies (NYSE:WMB) last issued its quarterly earnings data on Monday, May 6th. The pipeline company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.10. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The company had revenue of $2.77 billion during the quarter, compared to analyst estimates of $2.69 billion. During the same period in the prior year, the business posted $0.56 earnings per share. The firm’s revenue for the quarter was down 10.1% compared to the same quarter last year.

Institutional Trading of Williams Companies

Several institutional investors have recently modified their holdings of the stock. Norges Bank purchased a new stake in Williams Companies in the fourth quarter valued at approximately $306,417,000. Blackstone Inc. lifted its position in Williams Companies by 109.1% during the 1st quarter. Blackstone Inc. now owns 6,466,660 shares of the pipeline company’s stock worth $252,006,000 after acquiring an additional 3,373,800 shares during the period. Wellington Management Group LLP lifted its position in Williams Companies by 35.1% during the 3rd quarter. Wellington Management Group LLP now owns 9,553,779 shares of the pipeline company’s stock worth $321,867,000 after acquiring an additional 2,482,331 shares during the period. Envestnet Asset Management Inc. grew its stake in shares of Williams Companies by 55.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,900,745 shares of the pipeline company’s stock valued at $165,106,000 after purchasing an additional 1,740,677 shares during the last quarter. Finally, Jennison Associates LLC increased its holdings in shares of Williams Companies by 69.2% in the fourth quarter. Jennison Associates LLC now owns 4,105,754 shares of the pipeline company’s stock valued at $143,003,000 after purchasing an additional 1,679,452 shares during the period. Hedge funds and other institutional investors own 86.44% of the company’s stock.

Insider Transactions at Williams Companies

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

Williams Companies Dividend Announcement

The company 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 $0.475 dividend. The ex-dividend date is Friday, June 7th. This represents a $1.90 dividend on an annualized basis and a dividend yield of 4.67%. Williams Companies’s payout ratio is 79.83%.

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.