Tredje AP fonden Acquires 951 Shares of Williams-Sonoma, Inc. $WSM

Tredje AP fonden grew its stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) by 9.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,532 shares of the specialty retailer’s stock after acquiring an additional 951 shares during the period. Tredje AP fonden’s holdings in Williams-Sonoma were worth $1,721,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. grew its holdings in Williams-Sonoma by 21.8% during the 1st quarter. Vanguard Group Inc. now owns 15,630,310 shares of the specialty retailer’s stock valued at $2,471,152,000 after buying an additional 2,797,562 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Williams-Sonoma by 34.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,436,839 shares of the specialty retailer’s stock valued at $227,164,000 after acquiring an additional 365,718 shares during the period. Charles Schwab Investment Management Inc. grew its stake in Williams-Sonoma by 31.0% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,076,959 shares of the specialty retailer’s stock valued at $170,267,000 after acquiring an additional 254,550 shares in the last quarter. Nordea Investment Management AB increased its holdings in Williams-Sonoma by 8.0% during the 2nd quarter. Nordea Investment Management AB now owns 816,176 shares of the specialty retailer’s stock worth $133,029,000 after acquiring an additional 60,163 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its holdings in Williams-Sonoma by 740.4% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 591,690 shares of the specialty retailer’s stock worth $96,664,000 after acquiring an additional 521,283 shares during the period. 99.29% of the stock is owned by institutional investors.

Williams-Sonoma Stock Performance

Shares of WSM stock opened at $194.19 on Monday. The company has a market capitalization of $23.65 billion, a P/E ratio of 21.36, a PEG ratio of 3.16 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. The stock has a 50 day moving average price of $194.75 and a two-hundred day moving average price of $179.05.

Williams-Sonoma (NYSE:WSM) last issued 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. Williams-Sonoma had a net margin of 14.54% and a return on equity of 54.47%. The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same period in the prior year, the firm posted $1.74 earnings per share. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. Williams-Sonoma has set its FY 2025 guidance at EPS. As a group, equities analysts predict that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.

Williams-Sonoma Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Friday, October 17th will be given a $0.66 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.4%. Williams-Sonoma’s dividend payout ratio is currently 29.04%.

Insider Buying and Selling at Williams-Sonoma

In related news, CFO Jeffrey Howie sold 3,153 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $198.84, for a total transaction of $626,942.52. Following the sale, the chief financial officer owned 34,138 shares of the company’s stock, valued at $6,787,999.92. The trade was a 8.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP David Randolph King sold 17,500 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the executive vice president owned 98,560 shares in the company, valued at $20,066,816. The trade was a 15.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 114,153 shares of company stock valued at $22,901,008 in the last quarter. 1.10% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Weiss Ratings reissued a “buy (b-)” rating on shares of Williams-Sonoma in a research note on Wednesday, October 8th. Royal Bank Of Canada raised their price target on Williams-Sonoma from $212.00 to $213.00 and gave the company an “outperform” rating in a report on Thursday, August 28th. Telsey Advisory Group reiterated an “outperform” rating and set a $215.00 price target on shares of Williams-Sonoma in a research report on Thursday, August 28th. Citigroup upped their price objective on shares of Williams-Sonoma from $162.00 to $202.00 and gave the stock a “neutral” rating in a research report on Friday, August 22nd. Finally, The Goldman Sachs Group raised their target price on shares of Williams-Sonoma from $179.00 to $203.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $198.56.

Williams-Sonoma Company Profile

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.