Advisors Capital Management LLC significantly increased its stake in Williams Companies, Inc. (NYSE:WMB) by 2.3% to 799,432 shares, valued at approximately $50.64 million, while institutional investors now collectively own 86.44% of the company. The company has received multiple analyst upgrades and price target increases, with management projecting over 10% CAGR in adjusted EBITDA through 2030. Williams Companies also raised its quarterly dividend to $0.525, representing a 2.9% yield, despite slightly missing quarterly EPS estimates.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Advisors Capital Management LLC Has $50.64 Million Stock Position in Williams Companies, Inc. (The) $WMB
Advisors Capital Management LLC significantly increased its stake in Williams Companies, Inc. (NYSE:WMB) by 2.3% to 799,432 shares, valued at approximately $50.64 million, while institutional investors now collectively own 86.44% of the company. The company has received multiple analyst upgrades and price target increases, with management projecting over 10% CAGR in adjusted EBITDA through 2030. Williams Companies also raised its quarterly dividend to $0.525, representing a 2.9% yield, despite slightly missing quarterly EPS estimates.