WMB FY2024 EPS Estimate Boosted by US Capital Advisors

The Williams Companies, Inc. (NYSE:WMB) – Equities research analysts at US Capital Advisors upped their FY2024 earnings per share (EPS) estimates for shares of Williams Companies in a report released on Tuesday, November 26th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $1.93 per share for the year, up from their prior forecast of $1.89. The consensus estimate for Williams Companies’ current full-year earnings is $1.92 per share. US Capital Advisors also issued estimates for Williams Companies’ Q4 2025 earnings at $0.59 EPS.

A number of other brokerages also recently issued reports on WMB. UBS Group increased their price objective on Williams Companies from $55.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Citigroup raised their price target on Williams Companies from $45.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. Bank of America assumed coverage on Williams Companies in a report on Thursday, October 17th. They set a “buy” rating and a $55.00 price objective for the company. StockNews.com cut shares of Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Finally, Truist Financial lifted their target price 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 equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $51.79.

Williams Companies Stock Performance

Shares of WMB opened at $58.54 on Thursday. Williams Companies has a 52-week low of $32.65 and a 52-week high of $60.36. The stock’s 50-day simple moving average is $52.65 and its 200 day simple moving average is $46.30. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.51 and a current ratio of 0.57. The stock has a market capitalization of $71.36 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 5.96 and a beta of 1.03.

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

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be paid a $0.475 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Friday, December 13th. Williams Companies’s payout ratio is currently 80.17%.

Insider Buying and Selling

In other news, CAO Mary A. Hausman sold 7,951 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were 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 of the company’s stock, valued at $1,455,805.40. This represents a 23.52 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $45.29, for a total transaction 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 trade represents a 0.65 % decrease in their position. The disclosure for this sale can be found here. 0.44% of the stock is owned by insiders.

Institutional Trading of Williams Companies

Several institutional investors have recently bought and sold shares of WMB. Brendel Financial Advisors LLC raised its stake in shares of Williams Companies by 0.8% in the third quarter. Brendel Financial Advisors LLC now owns 51,927 shares of the pipeline company’s stock worth $2,370,000 after purchasing an additional 419 shares during the last quarter. Valley National Advisers Inc. raised its position in Williams Companies by 1,855.7% in the 3rd quarter. Valley National Advisers Inc. now owns 42,029 shares of the pipeline company’s stock worth $1,918,000 after buying an additional 39,880 shares during the last quarter. Swiss National Bank raised its position in Williams Companies by 0.3% in the 3rd quarter. Swiss National Bank now owns 3,617,300 shares of the pipeline company’s stock worth $165,130,000 after buying an additional 9,800 shares during the last quarter. Banque Cantonale Vaudoise lifted its stake in Williams Companies by 402.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 91,983 shares of the pipeline company’s stock valued at $4,199,000 after acquiring an additional 73,693 shares during the period. Finally, Czech National Bank boosted its holdings in shares of Williams Companies by 6.9% during the 3rd quarter. Czech National Bank now owns 248,309 shares of the pipeline company’s stock valued at $11,335,000 after acquiring an additional 16,064 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other 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.