BI Asset Management Fondsmaeglerselskab A S Has $18.28 Million Holdings in Williams-Sonoma, Inc. $WSM

BI Asset Management Fondsmaeglerselskab A S boosted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 3.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 102,358 shares of the specialty retailer’s stock after purchasing an additional 3,036 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Williams-Sonoma were worth $18,280,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Pinebridge Investments LLC bought a new position in Williams-Sonoma in the 4th quarter valued at about $6,478,000. PBU The Pension Fund of Early Childhood & Youth Educators bought a new position in Williams-Sonoma in the 4th quarter valued at about $7,102,000. Parallel Advisors LLC lifted its position in Williams-Sonoma by 2.9% in the 4th quarter. Parallel Advisors LLC now owns 3,133 shares of the specialty retailer’s stock valued at $560,000 after acquiring an additional 89 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Williams-Sonoma by 1,450.0% in the 4th quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 15,500 shares of the specialty retailer’s stock valued at $2,767,000 after acquiring an additional 14,500 shares in the last quarter. Finally, Prudential PLC lifted its position in Williams-Sonoma by 8.6% in the 4th quarter. Prudential PLC now owns 51,634 shares of the specialty retailer’s stock valued at $9,221,000 after acquiring an additional 4,097 shares in the last quarter. Institutional investors own 99.29% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on WSM shares. Citigroup dropped their price target on shares of Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. UBS Group raised their price target on shares of Williams-Sonoma from $175.00 to $185.00 and gave the company a “neutral” rating in a research report on Wednesday, March 11th. Wells Fargo & Company set a $190.00 price target on shares of Williams-Sonoma and gave the company an “equal weight” rating in a research report on Friday, May 22nd. Morgan Stanley set a $210.00 price target on shares of Williams-Sonoma and gave the company an “equal weight” rating in a research report on Friday, May 22nd. Finally, TD Cowen dropped their price target on shares of Williams-Sonoma from $250.00 to $225.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Williams-Sonoma currently has an average rating of “Moderate Buy” and an average price target of $209.06.

Williams-Sonoma Stock Performance

NYSE WSM opened at $205.03 on Friday. Williams-Sonoma, Inc. has a 52-week low of $152.20 and a 52-week high of $222.00. The company has a 50-day simple moving average of $188.39 and a 200 day simple moving average of $192.47. The company has a market capitalization of $24.14 billion, a PE ratio of 22.96, a price-to-earnings-growth ratio of 2.42 and a beta of 1.51.

Williams-Sonoma (NYSE:WSM) last posted its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the company posted $1.85 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, analysts forecast that Williams-Sonoma, Inc. will post 9.34 EPS for the current fiscal year.

Williams-Sonoma Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Friday, April 17th were issued a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 1.5%. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.66. The ex-dividend date was Friday, April 17th. Williams-Sonoma’s dividend payout ratio is 29.56%.

Insider Buying and Selling

In related news, EVP Karalyn Yearout sold 2,267 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $192.49, for a total transaction of $436,374.83. Following the completion of the sale, the executive vice president owned 23,351 shares in the company, valued at approximately $4,494,833.99. This trade represents a 8.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Laura Alber sold 15,000 shares of Williams-Sonoma stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $200.00, for a total transaction of $3,000,000.00. Following the completion of the transaction, the chief executive officer owned 923,524 shares of the company’s stock, valued at $184,704,800. The trade was a 1.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 106,370 shares of company stock worth $19,720,823. Insiders own 1.10% of the company’s stock.

Williams-Sonoma Profile

Williams‑Sonoma, Inc is a specialty retailer focused on the home and culinary markets, best known for premium cookware, kitchen tools and home furnishings. The company traces its roots to a single cookware store founded by Chuck Williams in 1956 in Sonoma, California, and has evolved into a multi‑brand home furnishings and housewares business. Its merchandise mix spans cookware and kitchen electrics, tabletop and food prep items, furniture, bedding, lighting and decorative accessories designed for both everyday use and higher‑end interiors.

The company operates a portfolio of consumer brands that target distinct segments of the home market.