Published on 10 Jan 2022 on Insider Monkey via Yahoo Finance

Is Williams Co. (WMB) A Great Investment Choice?

ClearBridge Investments, an investment management firm, published its “Dividend Strategy” third quarter 2021 investor letter – a copy of which can be downloaded here. The ClearBridge Dividend Strategy outperformed its S&P 500 Index benchmark during the third quarter. On an absolute basis, the Strategy had gains in six of 11 sectors in which it was invested for the quarter. The main contributors to Strategy performance were the financials and IT sectors. The materials and industrial sectors, meanwhile, were the main laggards. You can take a look at the fund’s top 5 holdings to have an idea about their best picks for 2021.

ClearBridge Investments Dividend Strategy, in its Q3 2021 investor letter, mentioned The Williams Companies, Inc. (NYSE: WMB) and discussed its stance on the firm. The Williams Companies, Inc. is a Tulsa, Oklahoma-based energy company with a $33.3 billion market capitalization. WMB delivered a 5.38% return since the beginning of the year, while its 12-month returns are up by 28.83%. The stock closed at $27.44 per share on January 06, 2022.

Here is what ClearBridge Investments Dividend Strategy has to say about The Williams Companies, Inc. in its Q3 2021 investor letter: