US Capital Advisors Brokers Increase Earnings Estimates for The Williams Companies, Inc. (NYSE:WMB)

The Williams Companies, Inc. (NYSE:WMB - Free Report) - Investment analysts at US Capital Advisors boosted their Q4 2024 earnings estimates for shares of Williams Companies in a report issued on Wednesday, August 21st. US Capital Advisors analyst J. Carreker now forecasts that the pipeline company will earn $0.48 per share for the quarter, up from their prior estimate of $0.46. US Capital Advisors has a "Hold" rating on the stock. The consensus estimate for Williams Companies' current full-year earnings is $1.92 per share. US Capital Advisors also issued estimates for Williams Companies' Q1 2025 earnings at $0.50 EPS, Q3 2025 earnings at $0.50 EPS, FY2025 earnings at $2.02 EPS and FY2026 earnings at $2.18 EPS.

Other equities research analysts have also issued reports about the stock. Barclays lifted their price target on shares of Williams Companies from $41.00 to $42.00 and gave the company an "equal weight" rating in a research note on Monday. Morgan Stanley upped their target price on Williams Companies from $45.00 to $48.00 and gave the stock an "equal weight" rating in a report on Monday, June 10th. Royal Bank of Canada raised their price target on Williams Companies from $44.00 to $47.00 and gave the company an "outperform" rating in a research note on Friday. Seaport Res Ptn lowered Williams Companies from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, July 30th. Finally, Argus raised Williams Companies from a "hold" rating to a "buy" rating in a report on Thursday, June 20th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $42.83.

Williams Companies Stock Up 1.4 %

Shares of NYSE:WMB traded up $0.62 during mid-day trading on Friday, reaching $45.29. 3,350,261 shares of the stock were exchanged, compared to its average volume of 6,499,317. The stock's 50 day simple moving average is $42.97 and its 200-day simple moving average is $39.86. Williams Companies has a one year low of $32.49 and a one year high of $45.35. The company has a market cap of $55.20 billion, a P/E ratio of 19.03, a P/E/G ratio of 6.09 and a beta of 1.05. The company has a quick ratio of 0.39, a current ratio of 0.45 and a debt-to-equity ratio of 1.64.

Williams Companies (NYSE:WMB - Get Free Report) last announced its earnings results on Monday, August 5th. The pipeline company reported $0.43 EPS for the quarter, topping the consensus estimate of $0.38 by $0.05. The firm had revenue of $2.34 billion for the quarter, compared to the consensus estimate of $2.46 billion. Williams Companies had a net margin of 27.11% and a return on equity of 16.17%. The business's quarterly revenue was down 5.9% on a year-over-year basis. During the same period last year, the company posted $0.42 EPS.

Williams Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Friday, September 13th will be issued a $0.475 dividend. This represents a $1.90 annualized dividend and a yield of 4.20%. The ex-dividend date of this dividend is Friday, September 13th. Williams Companies's dividend payout ratio is currently 79.83%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Next Capital Management LLC bought a new stake in shares of Williams Companies during the 2nd quarter worth $221,000. EP Wealth Advisors LLC raised its stake in Williams Companies by 12.3% during the second quarter. EP Wealth Advisors LLC now owns 11,607 shares of the pipeline company's stock worth $493,000 after acquiring an additional 1,267 shares in the last quarter. Kimelman & Baird LLC bought a new position in shares of Williams Companies in the second quarter worth about $42,000. Quarry LP acquired a new stake in shares of Williams Companies in the 2nd quarter valued at approximately $35,000. Finally, Sunbelt Securities Inc. grew its holdings in shares of Williams Companies by 60.1% during the 2nd quarter. Sunbelt Securities Inc. now owns 1,687 shares of the pipeline company's stock valued at $72,000 after purchasing an additional 633 shares during the last quarter. 86.44% of the stock is owned by 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.