Williams Companies (WMB) Expected to Announce Quarterly Earnings on Monday

Williams Companies (NYSE:WMB) is expected to be posting its Q3 2026 results after the market closes on Monday, November 2nd. Analysts expect the company to post earnings of $0.5390 per share and revenue of $2.99 billion for the quarter. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. Investors can find conference call details on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, November 3, 2026 at 9:30 AM ET.

Williams Companies (NYSE:WMB) last released its earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.50. The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a net margin of 25.17% and a return on equity of 18.49%. Williams Companies’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 EPS. On average, analysts expect Williams Companies to post $2.42 EPS for the current fiscal year and $2.69 EPS for the next fiscal year.

Williams Companies Stock Down 0.7%

Shares of NYSE WMB opened at $74.32 on Friday. The firm has a market cap of $90.91 billion, a PE ratio of 32.99, a P/E/G ratio of 1.58 and a beta of 0.64. Williams Companies has a 12-month low of $56.19 and a 12-month high of $80.07. The company’s fifty day simple moving average is $72.21 and its 200 day simple moving average is $72.28. The company has a quick ratio of 0.43, a current ratio of 0.48 and a debt-to-equity ratio of 1.83.

Williams Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 28th. Shareholders of record on Friday, December 11th will be paid a $0.5250 dividend. This represents a $2.10 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Friday, December 11th. Williams Companies’s payout ratio is 83.67%.

Key Headlines Impacting Williams Companies

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: Dividend reaffirmed: Williams approved its regular quarterly cash dividend of $0.525 per share, equivalent to $2.10 annually. The payment is scheduled for December 28, 2026, for shareholders of record on December 11. The decision reinforces WMB’s appeal as an income-oriented pipeline investment. How Raised Earnings Estimates At Williams Companies Has Changed Its Investment Story
• Positive Sentiment: Longer-term earnings estimates increased: US Capital Advisors raised its EPS forecasts for the first, second, third and fourth quarters of 2027, as well as full-year 2027 to $2.24 from $2.07 and full-year 2028 to $2.81 from $2.67. The revisions suggest analysts see improving growth potential from Williams’ infrastructure and gathering operations. Williams Companies analyst estimate revisions
• Positive Sentiment: Options activity indicates bullish positioning: Traders purchased a large volume of WMB call options, signaling that some market participants are positioning for additional upside, although options activity does not guarantee a change in fundamentals. Stock Traders Purchase Large Volume of Williams Companies Call Options
• Neutral Sentiment: Q3 earnings expectations remain the immediate focus: Analysts are evaluating operating metrics such as gathering volumes and segment EBITDA ahead of Williams’ quarterly report. Current estimates center on approximately $0.51 in Q3 EPS, with attention on whether results support the company’s full-year outlook. Gear Up for The Williams Companies Q3 Earnings
• Negative Sentiment: Near-term estimates were trimmed: US Capital Advisors reduced its Q3 2026 EPS forecast from $0.54 to $0.51 and its full-year 2026 forecast from $2.34 to $2.33. The revisions are small but could limit near-term enthusiasm ahead of earnings.
• Negative Sentiment: Interest-rate risk remains a concern: Commentary warns that rising rates could pressure the broader bull market. Although pipelines are viewed as relatively defensive, higher borrowing costs can weigh on valuation and dividend-focused stocks such as WMB. Why Rising Rates Could Break the Bull Market

Analysts Set New Price Targets

Several brokerages have recently weighed in on WMB. The Goldman Sachs Group reiterated a “buy” rating and set a $82.00 price objective on shares of Williams Companies in a report on Tuesday, July 14th. Jefferies Financial Group reduced their target price on Williams Companies from $85.00 to $83.00 and set a “buy” rating for the company in a research note on Wednesday, October 14th. Wall Street Zen lowered Williams Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 8th. Morgan Stanley upped their price target on Williams Companies from $99.00 to $103.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 18th. Finally, Scotiabank cut their price target on Williams Companies from $86.00 to $85.00 and set a “sector outperform” rating on the stock in a report on Thursday, September 10th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $86.06.

Insider Buying and Selling

In other Williams Companies news, SVP Terrance Wilson sold 2,000 shares of the business’s stock in a transaction on Thursday, October 1st. The shares were sold at an average price of $67.85, for a total transaction of $135,700.00. Following the completion of the sale, the senior vice president owned 262,259 shares in the company, valued at approximately $17,794,273.15. The trade was a 0.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last three months, insiders have sold 19,000 shares of company stock worth $1,401,430. Insiders own 0.47% of the company’s stock.

Williams Companies Company Profile

The Williams Companies, Inc is an energy infrastructure company headquartered in Tulsa, Oklahoma. Founded in 1908 as Williams Brothers, the company has evolved from an early pipeline contractor into a major operator of natural gas infrastructure in the United States.

Williams primarily gathers, processes, transports and stores natural gas and natural gas liquids. Its assets include interstate and regional pipelines, gas processing and fractionation facilities, storage operations, and gathering systems that connect producers with utilities, industrial customers, power generators and other energy markets.