After this morning's 1.3% surge to $40.67 per share, Williams might just keep moving past its target price of $40.53. With an average analyst rating of buy, and target prices from $36.0 to $47.0, the stock's next move is anyone's guess.
Williams's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 2.1%. The stock's short ratio is 3.62. The company's insiders own 0.41% 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 88.6%. In conclusion, we believe there is mixed market sentiment regarding Williams.
Institutions Invested in Williams
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Vanguard Group Inc | 11% | 128,108,981 | $5,210,192,022 |
| 2024-03-31 | Blackrock Inc. | 9% | 108,986,320 | $4,432,473,434 |
| 2024-03-31 | State Street Corporation | 6% | 75,550,103 | $3,072,622,550 |
| 2024-03-31 | Bank of America Corporation | 5% | 57,436,972 | $2,335,961,546 |
| 2024-03-31 | Dodge & Cox Inc | 3% | 37,785,026 | $1,536,716,938 |
| 2024-03-31 | Geode Capital Management, LLC | 2% | 29,477,915 | $1,198,866,749 |
| 2024-03-31 | JP Morgan Chase & Company | 2% | 29,213,752 | $1,188,123,240 |
| 2024-03-31 | Price (T.Rowe) Associates Inc | 2% | 27,416,635 | $1,115,034,495 |
| 2024-03-31 | Wellington Management Group, LLP | 2% | 21,925,815 | $891,722,855 |
| 2024-03-31 | ClearBridge Investments, LLC | 2% | 20,983,727 | $853,408,138 |
