Has Market Sentiment Shifted on Williams Companies?

After this afternoon's 1.5% surge to $35.73 per share, Williams Companies might just keep moving past its target price of $37.55. With an average analyst rating of buy, and target prices from $31.0 to $42.0, the stock's next move is anyone's guess.

The stock has an average amount of shares sold short at 2.3%, and a short ratio of 4.11. 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 $4,595,180,563
2023-06-30 Blackrock Inc. 10% 118,182,992 $4,222,749,030
2023-06-30 State Street Corporation 7% 82,587,296 $2,950,893,510
2023-06-30 Bank of America Corporation 4% 50,857,177 $1,817,157,369
2023-06-30 Dodge & Cox Inc 3% 39,014,106 $1,393,997,355
2023-06-30 Geode Capital Management, LLC 2% 27,149,522 $970,068,668
2023-06-30 JP Morgan Chase & Company 2% 23,881,035 $853,283,672
2023-06-30 ClearBridge Investments, LLC 2% 23,515,457 $840,221,351
2023-06-30 Royal Bank of Canada 2% 21,392,837 $764,378,868
2023-06-30 Price (T.Rowe) Associates Inc 2% 20,028,700 $715,637,437

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.