Williams-Sonoma, Inc. $WSM Shares Sold by Andra AP fonden

Andra AP fonden reduced its holdings in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 86.5% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 32,305 shares of the specialty retailer’s stock after selling 206,295 shares during the period. Andra AP fonden’s holdings in Williams-Sonoma were worth $5,890,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of WSM. Caitong International Asset Management Co. Ltd acquired a new stake in Williams-Sonoma in the 4th quarter valued at about $25,000. Atlantic Union Bankshares Corp raised its position in shares of Williams-Sonoma by 51.5% during the 4th quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 50 shares in the last quarter. MidFirst Bank purchased a new stake in Williams-Sonoma during the fourth quarter worth approximately $30,000. Millstone Evans Group LLC lifted its position in shares of Williams-Sonoma by 229.4% during the 1st quarter. Millstone Evans Group LLC now owns 168 shares of the specialty retailer’s stock worth $31,000 after buying an additional 117 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in Williams-Sonoma in the fourth quarter valued at $31,000. 99.29% of the stock is currently owned by institutional investors and hedge funds.

Williams-Sonoma Price Performance

Williams-Sonoma stock opened at $222.35 on Thursday. Williams-Sonoma, Inc. has a 12 month low of $165.51 and a 12 month high of $244.65. The business has a 50 day simple moving average of $213.74 and a 200-day simple moving average of $202.24. The stock has a market capitalization of $26.18 billion, a PE ratio of 24.90, a price-to-earnings-growth ratio of 2.42 and a beta of 1.49.

Williams-Sonoma (NYSE:WSM) last issued its quarterly earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.80 billion. During the same period last year, the company earned $1.85 earnings per share. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. As a group, equities research analysts anticipate that Williams-Sonoma, Inc. will post 9.39 EPS for the current year.

Williams-Sonoma Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Stockholders of record on Friday, July 17th will be paid a $0.76 dividend. This represents a $3.04 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, July 17th. Williams-Sonoma’s dividend payout ratio (DPR) is 34.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Bank of America started coverage on Williams-Sonoma in a report on Friday, June 12th. They issued a “buy” rating and a $250.00 price objective for the company. Citigroup decreased their price target on shares of Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Morgan Stanley set a $210.00 price objective on shares of Williams-Sonoma and gave the stock an “equal weight” 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 note on Friday, May 22nd. Finally, Argus set a $230.00 target price on shares of Williams-Sonoma in a report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $213.12.

Insider Buying and Selling at Williams-Sonoma

In other news, EVP Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $228.49, for a total value of $254,080.88. Following the sale, the executive vice president owned 21,717 shares of the company’s stock, valued at $4,962,117.33. The trade was a 4.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Laura Alber sold 15,000 shares of the business’s 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 transaction, the chief executive officer owned 923,524 shares in the company, valued at approximately $184,704,800. This trade represents a 1.60% 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 36,634 shares of company stock valued at $6,812,283 in the last 90 days. Company 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.