Reaves W H & Co. Inc. increased its stake in Williams Companies, Inc. (NYSE:WMB) by 45.7% in the third quarter, purchasing an additional 341,455 shares and bringing its total holding to 1,089,227 shares valued at $69,003,000. Other institutional investors like Norges Bank, BROOKFIELD Corp ON, Invesco Ltd., Artisan Partners Limited Partnership, and Vanguard Group Inc. also adjusted their positions, with hedge funds and other institutional investors collectively owning 86.44% of the stock. Williams Companies also announced an increase in its quarterly dividend to $0.525 per share, representing a 3.1% dividend yield.
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Reaves W H & Co. Inc. Acquires 341,455 Shares of Williams Companies, Inc. (The) $WMB
Reaves W H & Co. Inc. increased its stake in Williams Companies, Inc. (NYSE:WMB) by 45.7% in the third quarter, purchasing an additional 341,455 shares and bringing its total holding to 1,089,227 shares valued at $69,003,000. Other institutional investors like Norges Bank, BROOKFIELD Corp ON, Invesco Ltd., Artisan Partners Limited Partnership, and Vanguard Group Inc. also adjusted their positions, with hedge funds and other institutional investors collectively owning 86.44% of the stock. Williams Companies also announced an increase in its quarterly dividend to $0.525 per share, representing a 3.1% dividend yield.