Williams Companies (NYSE:WMB) Announces FY 2026 Earnings Guidance

Williams Companies (NYSE:WMB) updated its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 2.350-2.350 for the period, compared to the consensus estimate of 2.420.

Analysts Set New Price Targets

A number of research firms have commented on WMB. Weiss Ratings restated a “buy (b)” rating on shares of Williams Companies in a research note on Monday, September 21st. Capital One Financial started coverage on Williams Companies in a report on Tuesday, September 22nd. They issued an “overweight” rating and a $92.00 price objective for the company. The Goldman Sachs Group reiterated a “buy” rating and set a $82.00 target price on shares of Williams Companies in a research report on Tuesday, July 14th. Truist Financial upped their target price on Williams Companies from $84.00 to $88.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Finally, UBS Group reissued a “buy” rating on shares of Williams Companies in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of $87.06.

Williams Companies Trading Down 6.4%

Shares of WMB stock opened at $67.83 on Thursday. Williams Companies has a fifty-two week low of $56.26 and a fifty-two week high of $80.07. The stock’s fifty day moving average price is $72.19 and its two-hundred day moving average price is $72.43. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.43 and a current ratio of 0.75. The company has a market cap of $84.80 billion, a PE ratio of 26.71, a P/E/G ratio of 1.57 and a beta of 0.62.

Williams Companies (NYSE:WMB) last posted its quarterly earnings results on Monday, November 2nd. The pipeline company reported $0.54 EPS for the quarter, hitting analysts’ consensus estimates of $0.54. Williams Companies had a return on equity of 17.02% and a net margin of 24.99%. The company had revenue of $3.22 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the firm earned $0.49 EPS. Williams Companies’s revenue was up 10.3% on a year-over-year basis. Equities analysts predict that Williams Companies will post 2.35 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 28th. Shareholders of record on Friday, December 11th will be given a $0.5250 dividend. This represents a $2.10 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, December 11th. Williams Companies’s payout ratio is currently 83.67%.

Insider Transactions at Williams Companies

In other Williams Companies news, SVP Terrance Wilson sold 13,000 shares of the business’s stock in a transaction dated 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 approximately $20,077,064.33. The trade was a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 19,000 shares of company stock valued at $1,408,470 in the last quarter. Insiders own 0.47% of the company’s stock.

Key Williams Companies News

Here are the key news stories impacting Williams Companies this week:

• Positive Sentiment: Williams completed its roughly $5.5 billion Momentum Midstream acquisition, expanding its reach in the Haynesville gas region. The added infrastructure is intended to serve rising LNG, industrial and power demand, supporting the company’s longer-term growth outlook. Williams completes Momentum Midstream acquisition
• Positive Sentiment: Management pointed to a power-project backlog and said it may pursue one or two additional power deals by year-end. Potentially longer contracts and demand associated with electricity use, including AI, offer growth potential for Williams’ gas network. Q3 call highlights power backlog and funding
• Neutral Sentiment: Stifel reiterated its Buy rating, signaling continued analyst support, while other commentary has raised concerns that the stock’s valuation may already reflect substantial growth expectations. Stifel rating Valuation commentary
• Negative Sentiment: Quarterly revenue rose 10.3% to $3.22 billion, topping estimates, but earnings coverage highlighted a miss amid a 15% increase in costs; reported EPS was $0.54, in line with consensus in the supplied results. Williams’ 2026 EPS forecast of $2.35 is also below the $2.42 analyst consensus, a potential drag on sentiment. Q3 earnings and costs
• Negative Sentiment: Investors are also weighing execution concerns around power-project financing, permitting and the timing of earnings, alongside questions about capital allocation following a $1.5 billion buyback authorization. Power-project execution concerns Buyback risks

Williams Companies Company Profile

The Williams Companies, Inc is an energy infrastructure company headquartered in Tulsa, Oklahoma. Founded in 1908 as Williams Brothers, the company has evolved from an early pipeline contractor into a major operator of natural gas infrastructure in the United States.

Williams primarily gathers, processes, transports and stores natural gas and natural gas liquids. Its assets include interstate and regional pipelines, gas processing and fractionation facilities, storage operations, and gathering systems that connect producers with utilities, industrial customers, power generators and other energy markets.