Seaport Res Ptn Issues Pessimistic Outlook for WMB Earnings

The Williams Companies, Inc. (NYSE:WMBFree Report) – Equities researchers at Seaport Res Ptn lowered their FY2026 EPS estimates for Williams Companies in a research note issued to investors on Monday, April 28th. Seaport Res Ptn analyst S. Sibal now expects that the pipeline company will earn $2.17 per share for the year, down from their previous estimate of $2.20. The consensus estimate for Williams Companies’ current full-year earnings is $2.08 per share.

Williams Companies (NYSE:WMBGet Free Report) last issued its earnings results on Wednesday, February 12th. The pipeline company reported $0.47 EPS for the quarter, hitting analysts’ consensus estimates of $0.47. Williams Companies had a return on equity of 15.85% and a net margin of 21.17%.

Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada lifted their price objective on shares of Williams Companies from $62.00 to $63.00 and gave the company an “outperform” rating in a report on Tuesday, March 4th. Scotiabank upped their price target on Williams Companies from $51.00 to $53.00 and gave the stock a “sector perform” rating in a report on Thursday, March 6th. Citigroup increased their price target on Williams Companies from $63.00 to $65.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Barclays upped their target price on Williams Companies from $56.00 to $58.00 and gave the stock an “equal weight” rating in a research note on Friday, March 21st. Finally, Morgan Stanley lifted their price target on shares of Williams Companies from $58.00 to $70.00 and gave the company an “overweight” rating in a research note on Tuesday, March 25th. Seven investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of “Moderate Buy” and a consensus price target of $57.77.

View Our Latest Stock Analysis on WMB

Williams Companies Price Performance

NYSE:WMB opened at $58.87 on Thursday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.50 and a quick ratio of 0.45. The company has a 50 day moving average price of $57.70 and a 200-day moving average price of $56.38. Williams Companies has a 1-year low of $38.01 and a 1-year high of $61.67. The firm has a market cap of $71.78 billion, a price-to-earnings ratio of 32.17, a price-to-earnings-growth ratio of 5.01 and a beta of 0.87.

Williams Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 13th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 3.40%. The ex-dividend date is Friday, June 13th. Williams Companies’s dividend payout ratio is currently 109.29%.

Insider Activity at Williams Companies

In related news, SVP Chad A. Teply sold 26,000 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of $56.46, for a total value of $1,467,960.00. Following the completion of the sale, the senior vice president now owns 133,048 shares of the company’s stock, valued at approximately $7,511,890.08. This trade represents a 16.35 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Larry C. Larsen sold 8,000 shares of the business’s stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $56.94, for a total value of $455,520.00. Following the transaction, the senior vice president now directly owns 81,265 shares in the company, valued at $4,627,229.10. This trade represents a 8.96 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 139,583 shares of company stock valued at $7,563,278. Corporate insiders own 0.44% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of WMB. Vanguard Group Inc. boosted its holdings in Williams Companies by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 130,356,165 shares of the pipeline company’s stock valued at $7,054,876,000 after purchasing an additional 1,008,213 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Williams Companies by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 31,263,235 shares of the pipeline company’s stock valued at $1,687,797,000 after buying an additional 540,533 shares during the period. Blackstone Inc. lifted its holdings in Williams Companies by 36.5% in the fourth quarter. Blackstone Inc. now owns 18,954,088 shares of the pipeline company’s stock valued at $1,025,795,000 after acquiring an additional 5,068,738 shares during the last quarter. Northern Trust Corp grew its position in Williams Companies by 12.5% in the fourth quarter. Northern Trust Corp now owns 15,236,940 shares of the pipeline company’s stock worth $824,623,000 after acquiring an additional 1,696,618 shares during the period. Finally, Norges Bank purchased a new position in Williams Companies in the fourth quarter worth approximately $575,103,000. Hedge funds and other institutional investors own 86.44% of the company’s stock.

About Williams Companies

(Get Free Report)

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.

See Also

Earnings History and Estimates for Williams Companies (NYSE:WMB)

Receive News & Ratings for Williams Companies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Williams Companies and related companies with MarketBeat.com's FREE daily email newsletter.