Williams Companies stock is trading -8.6% below its average target price of $36.85 after dropping -1.2% during today's evening session. Analysts are giving the large-cap Oil & Gas Transportation and Processing company an average rating of buy and target prices ranging from $31.0 to $41.0 per share.
The stock has an average amount of shares sold short at 2.8%, and a short ratio of 3.53. The company's insiders own 0.36% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 87.5% of Williams Companies's shares being owned by this investor type.
Institutions Invested in Williams Companies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-03-31 | Vanguard Group Inc | 11% | 128,903,479 | $4,341,469,212 |
| 2023-03-31 | Blackrock Inc. | 10% | 120,656,809 | $4,063,721,363 |
| 2023-03-31 | State Street Corporation | 7% | 85,718,039 | $2,886,983,579 |
| 2023-03-31 | Bank of America Corporation | 4% | 46,878,146 | $1,578,855,971 |
| 2023-03-31 | Dodge & Cox Inc | 3% | 39,227,254 | $1,321,173,926 |
| 2023-03-31 | Geode Capital Management, LLC | 2% | 26,463,141 | $891,278,596 |
| 2023-03-31 | JP Morgan Chase & Company | 2% | 22,397,111 | $754,334,705 |
| 2023-03-31 | ClearBridge Investments, LLC | 2% | 22,064,140 | $743,120,241 |
| 2023-03-31 | Royal Bank of Canada | 2% | 20,691,603 | $696,893,195 |
| 2023-03-31 | Morgan Stanley | 1% | 17,964,798 | $605,054,402 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Williams Companies.
