Private Trust Co. NA Grows Position in Williams-Sonoma, Inc. $WSM

Private Trust Co. NA boosted its holdings in Williams-Sonoma, Inc. (NYSE:WSMFree Report) by 9.2% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,343 shares of the specialty retailer’s stock after acquiring an additional 198 shares during the quarter. Private Trust Co. NA’s holdings in Williams-Sonoma were worth $383,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the business. Parallel Advisors LLC raised its position in Williams-Sonoma by 2.1% in the second quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock worth $493,000 after acquiring an additional 61 shares in the last quarter. Hemington Wealth Management raised its position in Williams-Sonoma by 15.3% in the first quarter. Hemington Wealth Management now owns 482 shares of the specialty retailer’s stock worth $76,000 after acquiring an additional 64 shares in the last quarter. TFB Advisors LLC raised its position in Williams-Sonoma by 5.5% in the first quarter. TFB Advisors LLC now owns 1,281 shares of the specialty retailer’s stock worth $203,000 after acquiring an additional 67 shares in the last quarter. Groupe la Francaise increased its stake in Williams-Sonoma by 13.0% in the 1st quarter. Groupe la Francaise now owns 583 shares of the specialty retailer’s stock valued at $96,000 after purchasing an additional 67 shares in the last quarter. Finally, Graypoint LLC increased its stake in Williams-Sonoma by 1.5% in the 1st quarter. Graypoint LLC now owns 4,791 shares of the specialty retailer’s stock valued at $757,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Insiders Place Their Bets

In other news, EVP David Randolph King sold 17,500 shares of the firm’s stock in a transaction on Monday, September 8th. The stock was sold at an average price of $203.60, for a total transaction of $3,563,000.00. Following the sale, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. This trade represents a 15.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Karalyn Yearout sold 3,500 shares of the firm’s stock in a transaction on Wednesday, September 24th. The stock was sold at an average price of $198.79, for a total value of $695,765.00. Following the sale, the executive vice president owned 14,003 shares in the company, valued at $2,783,656.37. This trade represents a 20.00% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 114,153 shares of company stock worth $22,901,008 over the last ninety days. Company insiders own 1.10% of the company’s stock.

Williams-Sonoma Stock Performance

Williams-Sonoma stock opened at $185.65 on Monday. The stock has a fifty day moving average of $196.82 and a two-hundred day moving average of $175.55. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 2.99 and a beta of 1.55. Williams-Sonoma, Inc. has a fifty-two week low of $125.33 and a fifty-two week high of $219.98.

Williams-Sonoma (NYSE:WSMGet Free Report) last released its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.21. The company 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%.Williams-Sonoma’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.74 earnings per share. Williams-Sonoma has set its FY 2025 guidance at EPS. On average, analysts forecast that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Announces Dividend

The firm 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 1.4%. Williams-Sonoma’s dividend payout ratio (DPR) is 29.04%.

Analyst Ratings Changes

WSM has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective 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 objective for the company in a research note on Wednesday, July 23rd. Royal Bank Of Canada raised their price objective on Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a research note on Thursday, August 28th. UBS Group set a $200.00 price objective on Williams-Sonoma in a research note on Thursday, August 28th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Williams-Sonoma in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $198.56.

Check Out Our Latest Stock Analysis on Williams-Sonoma

Williams-Sonoma Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Williams-Sonoma (NYSE:WSM)

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