ASR Vermogensbeheer N.V. Has $1.66 Million Stock Position in Williams-Sonoma, Inc. $WSM

ASR Vermogensbeheer N.V. increased its stake in Williams-Sonoma, Inc. (NYSE:WSM) by 7.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 10,139 shares of the specialty retailer’s stock after acquiring an additional 680 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in Williams-Sonoma were worth $1,656,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Maseco LLP acquired a new position in shares of Williams-Sonoma in the second quarter worth approximately $26,000. Quarry LP lifted its stake in shares of Williams-Sonoma by 99.0% in the first quarter. Quarry LP now owns 199 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 99 shares during the period. Costello Asset Management INC acquired a new position in shares of Williams-Sonoma in the first quarter worth approximately $32,000. SOA Wealth Advisors LLC. acquired a new position in Williams-Sonoma in the first quarter valued at approximately $33,000. Finally, Sentry Investment Management LLC acquired a new position in Williams-Sonoma in the first quarter valued at approximately $32,000. 99.29% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Williams-Sonoma

In related news, EVP Karalyn Yearout sold 3,500 shares of the company’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total transaction of $695,765.00. Following the completion of the sale, the executive vice president owned 14,003 shares in the company, valued at approximately $2,783,656.37. This represents a 20.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP David Randolph King sold 17,500 shares of the company’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $203.60, for a total value of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares of the company’s stock, valued at $20,066,816. This trade represents a 15.08% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 144,153 shares of company stock worth $27,946,408. Insiders own 1.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on WSM. Wells Fargo & Company boosted their price target on Williams-Sonoma from $170.00 to $190.00 and gave the company an “equal weight” rating in a research note on Monday, August 25th. Gordon Haskett raised Williams-Sonoma from a “hold” rating to a “buy” rating and set a $205.00 price target on the stock in a research note on Wednesday, July 23rd. Argus set a $212.00 price target on Williams-Sonoma in a research note on Tuesday, September 2nd. UBS Group set a $200.00 price target on Williams-Sonoma in a research note on Thursday, August 28th. Finally, KeyCorp boosted their price target on Williams-Sonoma from $181.00 to $230.00 and gave the company an “overweight” rating in a research note on Monday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $199.11.

Williams-Sonoma Stock Up 1.6%

NYSE WSM opened at $199.29 on Friday. The company has a market cap of $24.27 billion, a price-to-earnings ratio of 21.92, a P/E/G ratio of 3.22 and a beta of 1.55. Williams-Sonoma, Inc. has a 52 week low of $125.33 and a 52 week high of $219.98. The business has a 50 day moving average price of $197.90 and a 200-day moving average price of $173.53.

Williams-Sonoma (NYSE:WSM) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $2.00 EPS for the quarter, beating the consensus estimate of $1.79 by $0.21. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. Williams-Sonoma had a return on equity of 54.47% and a net margin of 14.54%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.74 earnings per share. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, equities research analysts anticipate that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be issued a dividend of $0.66 per share. The ex-dividend date is Friday, October 17th. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma’s payout ratio is currently 29.04%.

About Williams-Sonoma

Williams-Sonoma, Inc operates as an omni-channel specialty retailer of various products for home. It offers cooking, dining, and entertaining products, such as cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a library of cookbooks under the Williams Sonoma Home brand, as well as home furnishings and decorative accessories under the Williams Sonoma lifestyle brand; and furniture, bedding, lighting, rugs, table essentials, and decorative accessories under the Pottery Barn brand.