6,430 Shares in Williams-Sonoma, Inc. $WSM Bought by Atlas Capital Advisors Inc.

Atlas Capital Advisors Inc. acquired a new stake in Williams-Sonoma, Inc. (NYSE:WSM) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,430 shares of the specialty retailer’s stock, valued at approximately $1,148,000.

Several other large investors also recently bought and sold shares of WSM. Caitong International Asset Management Co. Ltd acquired a new position in Williams-Sonoma in the fourth quarter valued at $25,000. Atlantic Union Bankshares Corp boosted its stake in shares of Williams-Sonoma by 51.5% during the fourth quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after buying an additional 50 shares during the period. Triumph Capital Management acquired a new stake in shares of Williams-Sonoma during the third quarter worth about $37,000. Cary Street Partners Investment Advisory LLC boosted its stake in shares of Williams-Sonoma by 66.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock worth $43,000 after buying an additional 88 shares during the period. Finally, Zions Bancorporation National Association UT boosted its stake in shares of Williams-Sonoma by 760.0% during the third quarter. Zions Bancorporation National Association UT now owns 258 shares of the specialty retailer’s stock worth $50,000 after buying an additional 228 shares during the period. Institutional investors and hedge funds own 99.29% of the company’s stock.

Insider Transactions at Williams-Sonoma

In other news, CEO Laura Alber sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $172.61, for a total transaction of $3,452,200.00. Following the completion of the transaction, the chief executive officer directly owned 938,524 shares of the company’s stock, valued at $161,998,627.64. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 2,267 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $192.49, for a total transaction of $436,374.83. Following the transaction, the executive vice president directly owned 23,351 shares of the company’s stock, valued at approximately $4,494,833.99. This trade represents a 8.85% decrease in their ownership of the stock. 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. Insiders sold a total of 86,892 shares of company stock valued at $16,166,026 in the last ninety days. Corporate insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Bank of America assumed coverage on shares of Williams-Sonoma in a research note on Friday. They set a “buy” rating and a $250.00 target price for the company. The Goldman Sachs Group upgraded shares of Williams-Sonoma from a “neutral” rating to a “buy” rating and increased their target price for the stock from $185.00 to $218.00 in a research note on Monday, April 13th. Argus set a $230.00 price target on shares of Williams-Sonoma in a report on Friday, May 29th. Citigroup cut their price target on shares of Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, Morgan Stanley set a $210.00 price target on shares of Williams-Sonoma and gave the stock an “equal weight” rating in a report on Friday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $211.47.

Williams-Sonoma Trading Down 0.2%

Shares of Williams-Sonoma stock opened at $223.19 on Monday. Williams-Sonoma, Inc. has a 12-month low of $152.20 and a 12-month high of $224.33. The stock has a market cap of $26.28 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 2.38 and a beta of 1.51. The company has a 50-day moving average of $191.78 and a two-hundred day moving average of $193.85.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share 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 analysts’ expectations of $1.80 billion. During the same period last year, the company posted $1.85 EPS. The company’s revenue was up 4.4% on a year-over-year basis. On average, sell-side analysts forecast that Williams-Sonoma, Inc. will post 9.37 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, July 17th will be paid a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 29.56%.

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.