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
|2023-06-30||Vanguard Group Inc||11%||128,606,314||$4,595,180,563|
|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.