Williams shares fell -1.3% this morning to a price of $38.08. The stock is still trading within range of its average target price of $39.21, and over the last 52 weeks, it has recorded a 25.6% performance. Analysts have given the Large-Cap Oil & Gas Transportation and Processing stock target prices ranging from $35.0 to $43.0 dollars per share, with an average rating of buy.
The stock has an average amount of shares sold short at 2.1%, and a short ratio of 3.1. The company's insiders own 0.41% 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 87.9% of Williams's shares being owned by this investor type.
Institutions Invested in Williams
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-12-31 | Vanguard Group Inc | 11% | 128,048,433 | $4,876,084,563 |
| 2023-12-31 | Blackrock Inc. | 9% | 114,703,105 | $4,367,894,448 |
| 2023-12-31 | State Street Corporation | 6% | 79,064,357 | $3,010,770,859 |
| 2023-12-31 | Bank of America Corporation | 5% | 56,658,351 | $2,157,550,109 |
| 2023-12-31 | Dodge & Cox Inc | 3% | 37,924,018 | $1,444,146,674 |
| 2023-12-31 | Price (T.Rowe) Associates Inc | 3% | 33,900,384 | $1,290,926,684 |
| 2023-12-31 | Geode Capital Management, LLC | 2% | 28,260,236 | $1,076,149,838 |
| 2023-12-31 | JP Morgan Chase & Company | 2% | 26,393,194 | $1,005,052,875 |
| 2023-12-31 | ClearBridge Investments, LLC | 2% | 19,808,099 | $754,292,446 |
| 2023-12-31 | Royal Bank of Canada | 2% | 19,111,878 | $727,780,349 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Williams.
