Corient Private Wealth LLC Purchases 15,452 Shares of Williams-Sonoma, Inc. $WSM

Corient Private Wealth LLC boosted its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 13.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,471 shares of the specialty retailer’s stock after buying an additional 15,452 shares during the quarter. Corient Private Wealth LLC’s holdings in Williams-Sonoma were worth $23,668,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Williams-Sonoma during the 4th quarter worth approximately $25,000. Atlantic Union Bankshares Corp raised 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 last quarter. MidFirst Bank acquired a new position in Williams-Sonoma in the fourth quarter valued at approximately $30,000. DV Equities LLC acquired a new position in Williams-Sonoma in the fourth quarter valued at approximately $31,000. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its stake in Williams-Sonoma by 81.8% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 200 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 90 shares during the last quarter. 99.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

WSM has been the subject of a number of analyst reports. Evercore set a $200.00 target price on shares of Williams-Sonoma in a report on Tuesday, April 14th. UBS Group raised their price target on Williams-Sonoma from $175.00 to $185.00 and gave the stock a “neutral” rating in a research report on Wednesday, March 11th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $225.00 price objective (up from $220.00) on shares of Williams-Sonoma in a research note on Friday, May 22nd. Wells Fargo & Company set a $190.00 price objective on Williams-Sonoma and gave the company an “equal weight” rating in a report on Friday, May 22nd. Finally, Morgan Stanley set a $210.00 target price on Williams-Sonoma and gave the company an “equal weight” rating in a research note on Friday, May 22nd. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $211.47.

Insiders Place Their Bets

In related news, CEO Laura Alber sold 15,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $200.00, for a total value of $3,000,000.00. Following the completion of the sale, the chief executive officer directly owned 923,524 shares in the company, valued at approximately $184,704,800. The trade was a 1.60% decrease in their ownership of the stock. The sale 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, CFO Jeffrey Howie sold 1,419 shares of the stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $188.45, for a total value of $267,410.55. Following the sale, the chief financial officer directly owned 34,138 shares in the company, valued at $6,433,306.10. This represents a 3.99% 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 88,004 shares of company stock worth $16,420,107 over the last three months. Insiders own 1.10% of the company’s stock.

Williams-Sonoma Price Performance

WSM stock opened at $225.95 on Tuesday. The stock has a market capitalization of $26.61 billion, a P/E ratio of 25.30, a P/E/G ratio of 2.46 and a beta of 1.51. Williams-Sonoma, Inc. has a fifty-two week low of $154.11 and a fifty-two week high of $234.41. The business has a 50-day moving average of $196.80 and a 200-day moving average of $195.74.

Williams-Sonoma (NYSE:WSM) last announced its 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. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.Williams-Sonoma’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.85 EPS. Equities analysts expect that Williams-Sonoma, Inc. will post 9.49 EPS for the current year.

Williams-Sonoma Announces Dividend

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

Williams-Sonoma Company 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.