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Williams Companies Surges 1.0% Today - Is There Still Upside?

Williams Companies stock is trading -5.76% below its average target price of $36.96 after marking a 1.0% 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 $4,489,708,409
2023-03-31 Blackrock Inc. 10% 120,656,809 $4,202,476,878
2023-03-31 State Street Corporation 7% 85,718,039 $2,985,559,455
2023-03-31 Bank of America Corporation 4% 46,878,146 $1,632,765,911
2023-03-31 Dodge & Cox Inc 3% 39,227,254 $1,366,285,328
2023-03-31 Geode Capital Management, LLC 2% 26,463,141 $921,711,249
2023-03-31 JP Morgan Chase & Company 2% 22,397,111 $780,091,417
2023-03-31 ClearBridge Investments, LLC 2% 22,064,140 $768,494,036
2023-03-31 Royal Bank of Canada 2% 20,691,603 $720,688,570
2023-03-31 Morgan Stanley 1% 17,964,798 $625,713,947

Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Williams Companies.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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