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Jennison Associates LLC Sells 1,346,668 Shares of Williams Companies, Inc. (The) $WMB
Jennison Associates LLC significantly reduced its stake in Williams Companies by 38.3% in Q4, selling over 1.3 million shares. Despite this, other major institutions like Brookfield and Wellington Management notably increased their positions, maintaining high institutional ownership at 86.44%. Wall Street analysts generally hold a “Buy” rating for Williams Companies, with a consensus price target of $78.60 and several recent upgrades.