Williams Companies (NYSE:WMB – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 1.850-2.100 for the period, compared to the consensus earnings per share estimate of 2.080. The company issued revenue guidance of -. Williams Companies also updated its FY 2024 guidance to 1.650-1.860 EPS.
Analyst Ratings Changes
A number of research analysts recently weighed in on WMB shares. Royal Bank of Canada raised their target price on shares of Williams Companies from $40.00 to $44.00 and gave the company an outperform rating in a report on Thursday, June 13th. UBS Group upped their target price on shares of Williams Companies from $43.00 to $47.00 and gave the company a buy rating in a research report on Friday, April 12th. Argus raised Williams Companies from a hold rating to a buy rating in a research note on Thursday, June 20th. Scotiabank raised their price objective on Williams Companies from $40.00 to $43.00 and gave the company a sector perform rating in a research note on Wednesday, July 17th. Finally, Morgan Stanley boosted their target price on Williams Companies from $45.00 to $48.00 and gave the company an equal weight rating in a research report on Monday, June 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Hold and an average target price of $42.08.
Check Out Our Latest Stock Analysis on Williams Companies
Williams Companies Trading Down 2.3 %
Williams Companies (NYSE:WMB – Get Free Report) last announced its quarterly earnings results on Monday, August 5th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.38 by $0.05. Williams Companies had a return on equity of 16.27% and a net margin of 27.29%. The firm had revenue of $2.34 billion for the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $0.42 earnings per share. The business’s revenue for the quarter was down 5.9% on a year-over-year basis. On average, equities analysts predict that Williams Companies will post 1.85 earnings per share for the current fiscal year.
Williams Companies Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a $0.475 dividend. The ex-dividend date of this dividend is Friday, September 13th. This represents a $1.90 annualized dividend and a dividend yield of 4.61%. Williams Companies’s payout ratio is presently 79.83%.
Insider Activity
In other news, SVP Debbie L. Pickle sold 38,200 shares of the business’s stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $39.61, for a total value of $1,513,102.00. Following the completion of the transaction, the senior vice president now directly owns 60,410 shares of the company’s stock, valued at approximately $2,392,840.10. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.44% of the company’s stock.
About Williams Companies
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.
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