Aaron Wealth Advisors LLC Has $623,000 Position in Williams-Sonoma, Inc. $WSM

Aaron Wealth Advisors LLC cut its position in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 46.6% in the first quarter, Holdings Channel reports. The institutional investor owned 3,418 shares of the specialty retailer’s stock after selling 2,979 shares during the period. Aaron Wealth Advisors LLC’s holdings in Williams-Sonoma were worth $623,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp lifted its stake in Williams-Sonoma by 51.5% in the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 50 shares in the last quarter. Diversify Advisory Services LLC raised its holdings in shares of Williams-Sonoma by 1.8% in the fourth quarter. Diversify Advisory Services LLC now owns 2,878 shares of the specialty retailer’s stock valued at $514,000 after purchasing an additional 51 shares during the last quarter. Fulton Bank N.A. raised its holdings in shares of Williams-Sonoma by 0.5% in the fourth quarter. Fulton Bank N.A. now owns 10,438 shares of the specialty retailer’s stock valued at $1,864,000 after purchasing an additional 55 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Williams-Sonoma by 4.2% in the fourth quarter. Mutual Advisors LLC now owns 1,381 shares of the specialty retailer’s stock worth $247,000 after purchasing an additional 56 shares in the last quarter. Finally, Arjuna Capital lifted its position in shares of Williams-Sonoma by 1.6% in the fourth quarter. Arjuna Capital now owns 3,564 shares of the specialty retailer’s stock worth $636,000 after purchasing an additional 57 shares in the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.

Wall Street Analyst Weigh In

WSM has been the subject of a number of analyst reports. Argus set a $230.00 target price on shares of Williams-Sonoma in a research 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 on the stock in a research report on Tuesday, May 12th. Robert W. Baird reduced their price objective on shares of Williams-Sonoma from $235.00 to $225.00 and set an “outperform” rating for the company in a research note on Thursday, March 19th. 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 report on Friday, May 22nd. Finally, Evercore set a $200.00 target price on Williams-Sonoma in a research report on Tuesday, April 14th. 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $211.47.

Williams-Sonoma Stock Down 0.4%

Shares of NYSE WSM opened at $239.02 on Friday. The business’s 50 day moving average price is $200.25 and its two-hundred day moving average price is $197.22. The company has a market cap of $28.14 billion, a PE ratio of 26.77, a price-to-earnings-growth ratio of 2.62 and a beta of 1.51. Williams-Sonoma, Inc. has a twelve month low of $161.63 and a twelve month high of $244.65.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the prior year, the company earned $1.85 earnings per share. The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. As a group, research analysts anticipate that Williams-Sonoma, Inc. will post 9.39 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

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

Insider Buying and Selling at Williams-Sonoma

In other Williams-Sonoma news, EVP Karalyn Yearout sold 1,112 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $228.49, for a total value of $254,080.88. Following the transaction, the executive vice president directly owned 21,717 shares in the company, valued at $4,962,117.33. The trade was a 4.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Jeffrey Howie sold 1,419 shares of the company’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $188.45, for a total transaction of $267,410.55. Following the completion of the transaction, the chief financial officer owned 34,138 shares in the company, valued at approximately $6,433,306.10. This represents a 3.99% 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 55,320 shares of company stock valued at $10,516,069 in the last quarter. 1.10% of the stock is currently owned by insiders.

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.