Evexia Wealth LLC Buys 4,520 Shares of Williams-Sonoma, Inc. $WSM

Evexia Wealth LLC increased its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 10.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 47,722 shares of the specialty retailer’s stock after buying an additional 4,520 shares during the quarter. Williams-Sonoma makes up about 2.6% of Evexia Wealth LLC’s portfolio, making the stock its 13th largest position. Evexia Wealth LLC’s holdings in Williams-Sonoma were worth $9,235,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. E. Ohman J or Asset Management AB raised its stake in shares of Williams-Sonoma by 9.0% during the 1st quarter. E. Ohman J or Asset Management AB now owns 6,036 shares of the specialty retailer’s stock valued at $1,101,000 after purchasing an additional 500 shares during the period. Westmount Partners LLC lifted its holdings in Williams-Sonoma by 4.3% during the 1st quarter. Westmount Partners LLC now owns 6,598 shares of the specialty retailer’s stock worth $1,203,000 after purchasing an additional 269 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in Williams-Sonoma by 15.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 6,469 shares of the specialty retailer’s stock worth $1,155,000 after purchasing an additional 860 shares during the period. World Investment Advisors boosted its stake in Williams-Sonoma by 21.0% in the 4th quarter. World Investment Advisors now owns 2,257 shares of the specialty retailer’s stock worth $403,000 after purchasing an additional 391 shares during the period. Finally, Corient Private Wealth LLC boosted its stake in Williams-Sonoma by 13.2% in the 4th quarter. Corient Private Wealth LLC now owns 132,471 shares of the specialty retailer’s stock worth $23,668,000 after purchasing an additional 15,452 shares during the period. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on WSM shares. Citigroup decreased their price target on Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 12th. Royal Bank Of Canada set a $192.00 price objective on shares of Williams-Sonoma and gave the company an “outperform” rating in a research report on Friday, May 22nd. Telsey Advisory Group restated an “outperform” rating and issued a $225.00 price objective (up from $220.00) on shares of Williams-Sonoma in a research report on Friday, May 22nd. Argus set a $230.00 price objective on shares of Williams-Sonoma in a research note on Friday, May 29th. Finally, Evercore set a $200.00 target price on shares of Williams-Sonoma in a report on Tuesday, April 14th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, Williams-Sonoma currently has a consensus rating of “Moderate Buy” and an average target price of $211.47.

Williams-Sonoma Stock Up 0.2%

NYSE:WSM opened at $227.33 on Monday. The business’s 50-day moving average price is $196.11 and its two-hundred day moving average price is $195.41. Williams-Sonoma, Inc. has a twelve month low of $154.11 and a twelve month high of $234.41. The stock has a market cap of $26.77 billion, a P/E ratio of 25.46, a PEG ratio of 2.46 and a beta of 1.51.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The firm 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 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, equities research analysts expect that Williams-Sonoma, Inc. will post 9.49 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, July 17th will be given a dividend of $0.76 per share. The ex-dividend date is Friday, July 17th. This represents a $3.04 annualized dividend and a yield of 1.3%. Williams-Sonoma’s payout ratio is presently 22.17%.

Insider Buying and Selling at Williams-Sonoma

In other news, CEO Laura Alber sold 15,000 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $200.00, for a total value of $3,000,000.00. Following the transaction, the chief executive officer owned 923,524 shares of the company’s stock, valued at $184,704,800. This represents a 1.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 1,112 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $228.49, for a total transaction of $254,080.88. Following the sale, the executive vice president owned 21,717 shares in the company, valued at approximately $4,962,117.33. This trade represents a 4.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 88,004 shares of company stock worth $16,420,107 over the last three months. 1.10% of the stock is owned by insiders.

About Williams-Sonoma

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.