This afternoon we watched Williams Companies rise 1.4% to a price of $33.83 per share. The large-cap Oil & Gas Transportation and Processing company is now trading -9.92% below its average target price of $37.55. Analysts have set target prices ranging from $31.0 to $42.0 per share for Williams Companies, and have given the stock an average rating of buy.
Williams Companies's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.3%. The stock's short ratio is 4.35. The company's insiders own 0.36% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 87.5%. In conclusion, we believe there is mixed market sentiment regarding Williams Companies.
Institutions Invested in Williams Companies
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-06-30 | Vanguard Group Inc | 11% | 128,606,314 | $4,350,108,669 |
| 2023-06-30 | Blackrock Inc. | 10% | 118,182,992 | $3,997,539,794 |
| 2023-06-30 | State Street Corporation | 7% | 82,587,296 | $2,793,515,350 |
| 2023-06-30 | Bank of America Corporation | 4% | 50,857,177 | $1,720,244,050 |
| 2023-06-30 | Dodge & Cox Inc | 3% | 39,014,106 | $1,319,652,165 |
| 2023-06-30 | Geode Capital Management, LLC | 2% | 27,149,522 | $918,332,602 |
| 2023-06-30 | JP Morgan Chase & Company | 2% | 23,881,035 | $807,776,027 |
| 2023-06-30 | ClearBridge Investments, LLC | 2% | 23,515,457 | $795,410,350 |
| 2023-06-30 | Royal Bank of Canada | 2% | 21,392,837 | $723,612,727 |
| 2023-06-30 | Price (T.Rowe) Associates Inc | 2% | 20,028,700 | $677,470,792 |
