Williams Companies stock is trading -10.56% below its average target price of $37.5 after dropping -1.2% during today's afternoon 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 $42.0 per share.
The stock has an average amount of shares sold short at 2.2%, and a short ratio of 4.27. 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 |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 11% | 128,606,314 | $4,313,455,889 |
| 2023-06-30 | Blackrock Inc. | 10% | 118,182,992 | $3,963,857,659 |
| 2023-06-30 | State Street Corporation | 7% | 82,587,296 | $2,769,977,983 |
| 2023-06-30 | Bank of America Corporation | 4% | 50,857,177 | $1,705,749,763 |
| 2023-06-30 | Dodge & Cox Inc | 3% | 39,014,106 | $1,308,533,150 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 27,149,522 | $910,594,992 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 23,881,035 | $800,969,935 |
| 2023-06-30 | ClearBridge Investments, LLC | 2% | 23,515,457 | $788,708,449 |
| 2023-06-30 | Royal Bank of Canada | 2% | 21,392,837 | $717,515,772 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 2% | 20,028,700 | $671,762,616 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Williams Companies.
