WMB

AI Research

Added to BofA US 1 List + 5% Dividend Increase → Morgan Stanley Raises PT to $90 on LNG Demand

Williams Companies was added to Bank of America's US 1 List on March 14, and Morgan Stanley raised its price objective from $83 to $90 with an Overweight rating on March 2, citing robust natural gas flow demand and LNG export prospects. A Qatar LNG disruption caused natural gas prices to jump, spotlighting midstream names like WMB that benefit from higher U.S. gas flows and export demand as a key tailwind. The company raised its quarterly dividend to $0.525 per share (+5% from $0.50), though insider selling of 7,364 shares by SVP Todd Rinke on March 11 and a modest consensus price target of $77.41 suggest limited near-term upside.