Williams Companies, Inc. (The) (WMB) to Issue Quarterly Dividend of $0.53 on September 28th

Williams Companies, Inc. (The) (NYSE:WMB) announced a quarterly dividend on Tuesday, July 28th. Stockholders of record on Friday, September 11th will be given a dividend of 0.525 per share by the pipeline company on Monday, September 28th. This represents a c) dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, September 11th.

Williams Companies has raised its dividend by an average of 0.0%annually over the last three years and has increased its dividend annually for the last 9 consecutive years. Williams Companies has a payout ratio of 86.4% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble. Equities research analysts expect Williams Companies to earn $2.09 per share next year, which means the company may not be able to cover its $2.10 annual dividend with an expected future payout ratio of 100.5%.

Williams Companies Stock Up 2.3%

Shares of NYSE:WMB opened at $75.83 on Wednesday. Williams Companies has a 52-week low of $56.19 and a 52-week high of $80.07. The firm has a fifty day moving average of $73.31 and a 200 day moving average of $73.54. The firm has a market capitalization of $92.76 billion, a PE ratio of 30.21, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59. The company has a debt-to-equity ratio of 1.83, a quick ratio of 0.43 and a current ratio of 0.48.

Williams Companies (NYSE:WMB) last released its quarterly earnings results on Monday, August 3rd. The pipeline company reported $0.50 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.50. Williams Companies had a return on equity of 18.49% and a net margin of 25.17%.The business had revenue of $3.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. During the same quarter last year, the business posted $0.46 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. Williams Companies has set its FY 2026 guidance at 2.350-2.350 EPS. As a group, research analysts anticipate that Williams Companies will post 2.45 EPS for the current fiscal year.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Wilson sold 13,000 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $74.87, for a total transaction of $973,310.00. Following the completion of the transaction, the senior vice president owned 268,159 shares of the company’s stock, valued at $20,077,064.33. This represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In the last quarter, insiders sold 19,000 shares of company stock worth $1,414,050. 0.47% of the stock is owned by insiders.

Hedge Funds Weigh In On Williams Companies

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC boosted its stake in shares of Williams Companies by 40.9% during the 4th quarter. Brighton Jones LLC now owns 13,680 shares of the pipeline company’s stock valued at $740,000 after purchasing an additional 3,969 shares in the last quarter. Sivia Capital Partners LLC grew its stake in Williams Companies by 5.5% in the second quarter. Sivia Capital Partners LLC now owns 4,635 shares of the pipeline company’s stock worth $291,000 after purchasing an additional 242 shares during the period. Treasurer of the State of North Carolina raised its holdings in Williams Companies by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 568,928 shares of the pipeline company’s stock worth $35,734,000 after purchasing an additional 11,926 shares in the last quarter. Main Street Financial Solutions LLC lifted its position in Williams Companies by 3.0% during the second quarter. Main Street Financial Solutions LLC now owns 10,248 shares of the pipeline company’s stock valued at $644,000 after buying an additional 296 shares during the period. Finally, Ieq Capital LLC boosted its holdings in shares of Williams Companies by 160.1% during the 2nd quarter. Ieq Capital LLC now owns 165,035 shares of the pipeline company’s stock valued at $10,366,000 after buying an additional 101,574 shares in the last quarter. 86.44% of the stock is owned by hedge funds and other institutional investors.

Williams Companies Company Profile

Williams Companies, Inc is an energy infrastructure company focused primarily on gathering, processing, transporting and storing natural gas and natural gas liquids. The company provides the infrastructure and related services that connect natural gas supplies with utilities, power generators, industrial customers, liquefied natural gas facilities and other markets.

Williams operates a large network of interstate and regional natural gas pipelines, gathering systems, processing facilities and storage assets across the United States.