BlackRock Amends Williams Cos. Stake, Passive Investment Noted
Ticker: WMB · Form: SC 13G/A · Filed: 2024-01-24T00:00:00.000Z
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Williams Companies, Inc. as of year-end 2023.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 24, 2024, indicating its ownership of Common Stock in Williams Companies, Inc. as of December 31, 2023. This filing, Amendment No. 10, updates previous disclosures about BlackRock's passive investment in the natural gas transmission company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or strategy regarding Williams Companies, Inc. stock.
Why It Matters
This filing shows BlackRock's continued, albeit passive, significant ownership in Williams Companies, Inc., which can influence market perception and stability for the stock.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating passive ownership, and does not suggest any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued passive stake in Williams Companies, Inc. and monitor future filings for any significant changes in ownership percentage or a shift from passive to active investment, which could signal a change in BlackRock's outlook.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- Williams Companies, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 24, 2024 (date) — the date the SC 13G/A was filed
- Amendment No. 10 (number) — the specific amendment number for this filing
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 10)' sections.
Who is the subject company whose securities are being reported?
The subject company is WILLIAMS COMPANIES, INC., as clearly stated under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: WILLIAMS COMPANIES, INC.'.
Who is the entity that filed this SC 13G/A?
The entity that filed this SC 13G/A is BlackRock Inc., as indicated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox.
From the Filing
EDGAR Filing Documents for 0001086364-24-002749 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G/A - Statement of Beneficial Ownership by Certain Investors: [Amend] SEC Accession No. 0001086364-24-002749 Filing Date 2024-01-24 Accepted 2024-01-24 17:23:56 Documents 1 Document Format Files Seq Description Document Type Size 1 us9694571004_012424.txt SC 13G/A 12025 Complete submission text file 0001086364-24-002749.txt 14006 Mailing Address ONE WILLIAM CENTER TULSA OK 74172 Business Address ONE WILLIAMS CTR TULSA OK 74172 9185732000 WILLIAMS COMPANIES, INC. (Subject) CIK : 0000107263 (see all company filings) EIN. : 730569878 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A | Act: 34 | File No.: 005-30533 | Film No.: 24557834 SIC : 4922 Natural Gas Transmission (CF Office: 01 Energy & Transportation) Mailing Address 50 HUDSON YARDS NEW YORK NY 10001 Business Address 50 HUDSON YARDS NEW YORK NY 10001 212-810-5300 BlackRock Inc. (Filed by) CIK : 0001364742 (see all company filings) EIN. : 320174431 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G/A SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)