The Williams Companies, Inc. (NYSE:WMB – Free Report) – Stock analysts at US Capital Advisors upped their Q4 2024 earnings per share (EPS) estimates for Williams Companies in a 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 forecast 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.
Several other analysts have also recently issued reports on the company. Barclays upped their price objective on Williams Companies from $42.00 to $46.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. Bank of America started coverage on Williams Companies in a research note on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective on the stock. Royal Bank of Canada upped their price objective on Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a research note on Wednesday, October 16th. UBS Group increased their price target on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Finally, Morgan Stanley upgraded Williams Companies from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $52.00 to $58.00 in a research report on Friday, October 4th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Williams Companies currently has a consensus rating of “Hold” and an average target price of $51.79.
Williams Companies Trading Up 0.3 %
Shares of NYSE WMB opened at $58.36 on Wednesday. The stock’s 50 day moving average price is $51.86 and its two-hundred day moving average price is $46.00. Williams Companies has a 52-week low of $32.65 and a 52-week high of $60.36. The stock has a market capitalization of $71.14 billion, a P/E ratio of 24.62, a PEG ratio of 5.99 and a beta of 1.03. The company has a quick ratio of 0.51, a current ratio of 0.57 and a debt-to-equity ratio of 1.67.
Williams Companies (NYSE:WMB – Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.01. Williams Companies had a return on equity of 15.89% and a net margin of 27.36%. The firm had revenue of $2.65 billion during the quarter, compared to the consensus estimate of $2.52 billion. During the same quarter in the prior year, the business posted $0.45 earnings per share. Williams Companies’s revenue for the quarter was up 3.7% on a year-over-year basis.
Williams Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be given a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 3.26%. The ex-dividend date is Friday, December 13th. Williams Companies’s dividend payout ratio is currently 80.17%.
Insider Activity at Williams Companies
In related news, CAO Mary A. Hausman sold 7,951 shares of the firm’s stock in a transaction that occurred on Friday, November 8th. The stock was sold at an average price of $56.30, for a total value of $447,641.30. Following the sale, the chief accounting officer now directly owns 25,858 shares in the company, valued at $1,455,805.40. This trade represents a 23.52 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Terrance Lane Wilson sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, October 1st. The shares were 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 in the company, valued at approximately $13,777,218. This represents a 0.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.44% of the stock is owned by insiders.
Hedge Funds Weigh In On Williams Companies
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Legacy Investment Solutions LLC bought a new position in Williams Companies during the 3rd quarter valued at $30,000. SouthState Corp bought a new position in Williams Companies during the 2nd quarter valued at $31,000. Rosenberg Matthew Hamilton boosted its stake in shares of Williams Companies by 50.4% during the 3rd quarter. Rosenberg Matthew Hamilton now owns 752 shares of the pipeline company’s stock worth $34,000 after acquiring an additional 252 shares in the last quarter. GHP Investment Advisors Inc. bought a new stake in shares of Williams Companies during the 2nd quarter worth $34,000. Finally, Quarry LP bought a new stake in shares of Williams Companies during the 2nd quarter worth $35,000. 86.44% of the stock is owned by institutional investors.
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.
Featured Stories
- Five stocks we like better than Williams Companies
- What Are the U.K. Market Holidays? How to Invest and Trade
- Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor
- What is Put Option Volume?
- Why Warren Buffett Is Selling: A Look at His Latest Market Moves
- Quiet Period Expirations Explained
- Why Amazon Shares May Never Trade Below $200 Again
Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.