Williams Companies (NYSE:WMB) Posts Earnings Results, Hits Estimates

Williams Companies (NYSE:WMB) released its earnings results on Monday. The pipeline company reported $0.50 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.50, FiscalAI reports. The firm had revenue of $3.05 billion during the quarter, compared to analysts’ expectations of $2.84 billion. Williams Companies had a return on equity of 18.34% and a net margin of 23.39%. Williams Companies updated its FY 2026 guidance to 2.350-2.350 EPS.

Williams Companies Trading Down 1.4%

NYSE WMB traded down $1.03 during trading hours on Monday, hitting $70.51. 7,502,637 shares of the company were exchanged, compared to its average volume of 7,012,060. Williams Companies has a 52 week low of $55.82 and a 52 week high of $80.07. The company has a quick ratio of 0.76, a current ratio of 0.83 and a debt-to-equity ratio of 1.99. The stock has a 50-day moving average price of $73.45 and a 200 day moving average price of $72.25. The stock has a market cap of $86.13 billion, a PE ratio of 30.93, a price-to-earnings-growth ratio of 1.67 and a beta of 0.57.

Williams Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Friday, September 11th will be paid a dividend of $0.525 per share. This represents a $2.10 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, September 11th. Williams Companies’s payout ratio is presently 92.11%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Citigroup upped their price target on Williams Companies from $81.00 to $83.00 and gave the stock a “buy” rating in a research note on Friday, May 8th. UBS Group restated a “buy” rating on shares of Williams Companies in a research report on Tuesday, July 14th. Royal Bank Of Canada lifted their price target on shares of Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. Wall Street Zen upgraded shares of Williams Companies from a “sell” rating to a “hold” rating in a research note on Saturday, July 18th. Finally, Barclays raised their price objective on Williams Companies from $73.00 to $75.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Four analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $83.56.

Insider Buying and Selling

In other news, SVP Terrance Lane Wilson sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $74.16, for a total transaction of $148,320.00. Following the transaction, the senior vice president owned 283,159 shares of the company’s stock, valued at approximately $20,999,071.44. The trade was a 0.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Larry C. Larsen sold 12,000 shares of the stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $76.48, for a total value of $917,760.00. Following the sale, the chief operating officer owned 98,219 shares in the company, valued at $7,511,789.12. The trade was a 10.89% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 66,500 shares of company stock worth $5,029,955 in the last 90 days. Company insiders own 0.47% of the company’s stock.

Hedge Funds Weigh In On Williams Companies

A number of large investors have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in Williams Companies by 4.8% during the 4th quarter. Bank of America Corp DE now owns 46,053,873 shares of the pipeline company’s stock valued at $2,768,298,000 after purchasing an additional 2,100,164 shares during the last quarter. Morgan Stanley lifted its stake in Williams Companies by 11.0% in the fourth quarter. Morgan Stanley now owns 33,572,067 shares of the pipeline company’s stock worth $2,018,017,000 after purchasing an additional 3,314,851 shares during the last quarter. Invesco Ltd. boosted its position in shares of Williams Companies by 1.0% during the fourth quarter. Invesco Ltd. now owns 14,723,482 shares of the pipeline company’s stock valued at $885,029,000 after buying an additional 147,584 shares during the period. BROOKFIELD Corp ON grew its stake in shares of Williams Companies by 190.3% during the second quarter. BROOKFIELD Corp ON now owns 12,028,186 shares of the pipeline company’s stock valued at $755,490,000 after buying an additional 7,884,730 shares during the last quarter. Finally, Tortoise Capital Advisors L.L.C. grew its stake in shares of Williams Companies by 3.4% during the fourth quarter. Tortoise Capital Advisors L.L.C. now owns 11,362,696 shares of the pipeline company’s stock valued at $683,012,000 after buying an additional 375,147 shares during the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Company Profile

Williams Companies, Inc (NYSE: WMB) is a U.S.-based energy infrastructure company focused on the midstream segment of the natural gas value chain. The company develops, owns and operates assets that gather, process, transport and store natural gas and natural gas liquids (NGLs). Its operations support the movement of gas from production areas to end users including utilities, power generators, industrial customers and export facilities.

Williams’s product and service offering includes interstate and intrastate pipeline transmission, gas-gathering systems, processing facilities that remove impurities and separate NGLs, storage services and fractionation and transportation of NGL products.