Williams Companies (NYSE:WMB) Announces Earnings Results, Hits Expectations

Williams Companies (NYSE:WMBGet Free Report) posted its earnings results on Monday. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50, FiscalAI reports. The company had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. Williams Companies had a return on equity of 18.60% and a net margin of 25.17%.Williams Companies’s revenue was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.46 earnings per share. Williams Companies updated its FY 2026 guidance to 2.350-2.350 EPS.

Williams Companies Trading Up 1.2%

WMB opened at $71.29 on Wednesday. The stock’s 50 day moving average price is $73.19 and its 200-day moving average price is $72.40. Williams Companies has a one year low of $55.82 and a one year high of $80.07. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.76 and a current ratio of 0.83. The stock has a market cap of $87.09 billion, a price-to-earnings ratio of 31.27, a P/E/G ratio of 1.65 and a beta of 0.58.

Williams Companies Announces Dividend

The company 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 $0.525 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a $2.10 annualized dividend and a yield of 2.9%. Williams Companies’s dividend payout ratio (DPR) is presently 92.11%.

Insider Buying and Selling

In related news, COO Larry C. Larsen sold 12,000 shares of Williams Companies stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $76.48, for a total value of $917,760.00. Following the completion of the sale, the chief operating officer directly owned 98,219 shares in the company, valued at $7,511,789.12. The trade was a 10.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Terrance Lane Wilson sold 2,000 shares of Williams Companies stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $70.65, for a total transaction of $141,300.00. Following the transaction, the senior vice president directly owned 281,159 shares in the company, valued at approximately $19,863,883.35. The trade was a 0.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,500 shares of company stock valued at $1,402,755 over the last quarter. 0.47% of the stock is owned by corporate insiders.

Institutional Trading of Williams Companies

A number of institutional investors have recently made changes to their positions in the business. Motiv8 Investments LLC purchased a new position in Williams Companies in the 4th quarter worth $27,000. Kemnay Advisory Services Inc. acquired a new position in shares of Williams Companies in the 4th quarter valued at $29,000. Turning Point Benefit Group Inc. acquired a new stake in Williams Companies during the third quarter valued at $46,000. Rakuten Securities Inc. increased its holdings in Williams Companies by 99.7% in the second quarter. Rakuten Securities Inc. now owns 767 shares of the pipeline company’s stock valued at $48,000 after buying an additional 383 shares in the last quarter. Finally, Garton & Associates Financial Advisors LLC acquired a new position in shares of Williams Companies in the fourth quarter worth about $52,000. Institutional investors and hedge funds own 86.44% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on WMB. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Williams Companies in a research report on Wednesday, June 24th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $82.00 target price on shares of Williams Companies in a report on Tuesday, July 14th. Scotiabank boosted their price objective on Williams Companies from $85.00 to $86.00 and gave the company a “sector outperform” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada lifted their target price on Williams Companies from $82.00 to $83.00 and gave the company an “outperform” rating in a research note on Thursday, May 7th. Finally, Wolfe Research raised shares of Williams Companies from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Four equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $83.56.

Check Out Our Latest Report on WMB

Williams Companies Company Profile

(Get Free Report)

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.

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Earnings History for Williams Companies (NYSE:WMB)

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