Williams Companies (NYSE:WMB – Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.850-2.100 for the period, compared to the consensus EPS estimate of 2.130. The company issued revenue guidance of -. Williams Companies also updated its FY 2024 guidance to 1.830-1.930 EPS.
Analysts Set New Price Targets
Several equities research analysts have commented on WMB shares. Scotiabank upped their target price on shares of Williams Companies from $43.00 to $48.00 and gave the company a “sector perform” rating in a research note on Thursday, August 8th. Royal Bank of Canada upped their price target on shares of Williams Companies from $47.00 to $56.00 and gave the company an “outperform” rating in a report on Wednesday, October 16th. Mizuho increased their price objective on shares of Williams Companies from $47.00 to $56.00 and gave the stock an “outperform” rating in a research report on Monday, November 4th. Bank of America initiated coverage on shares of Williams Companies in a research report on Thursday, October 17th. They issued a “buy” rating and a $55.00 price objective on the stock. Finally, StockNews.com downgraded Williams Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, Williams Companies presently has a consensus rating of “Hold” and a consensus price target of $50.38.
Get Our Latest Analysis on Williams Companies
Williams Companies Trading Up 1.6 %
Williams Companies (NYSE:WMB – Get Free Report) last announced its earnings results on Wednesday, November 6th. The pipeline company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.42 by $0.01. Williams Companies had a return on equity of 15.90% and a net margin of 27.36%. The business had revenue of $2.65 billion for the quarter, compared to analysts’ expectations of $2.52 billion. During the same period in the prior year, the business posted $0.45 earnings per share. The firm’s revenue was up 3.7% on a year-over-year basis. Sell-side analysts expect that Williams Companies will post 1.91 EPS for the current fiscal year.
Williams Companies Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 30th. Shareholders of record on Friday, December 13th will be issued a $0.475 dividend. The ex-dividend date of this dividend is Friday, December 13th. This represents a $1.90 dividend on an annualized basis and a yield of 3.37%. Williams Companies’s payout ratio is currently 80.17%.
Insider Activity at Williams Companies
In other news, SVP Terrance Lane Wilson sold 2,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $45.29, for a total transaction of $90,580.00. Following the transaction, the senior vice president now owns 304,200 shares in the company, valued at approximately $13,777,218. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.44% of the stock is owned by corporate insiders.
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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