Nisa Investment Advisors LLC boosted its position in Williams-Sonoma, Inc. (NYSE:WSM – Free Report) by 27.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 120,695 shares of the specialty retailer’s stock after buying an additional 25,883 shares during the quarter. Nisa Investment Advisors LLC owned approximately 0.10% of Williams-Sonoma worth $23,590,000 as of its most recent filing with the SEC.
A number of other large investors have also recently bought and sold shares of WSM. Groupe la Francaise raised its holdings in shares of Williams-Sonoma by 8.2% in the second quarter. Groupe la Francaise now owns 631 shares of the specialty retailer’s stock valued at $103,000 after purchasing an additional 48 shares during the last quarter. Parallel Advisors LLC increased its stake in Williams-Sonoma by 2.1% in the 2nd quarter. Parallel Advisors LLC now owns 3,016 shares of the specialty retailer’s stock valued at $493,000 after buying an additional 61 shares during the last quarter. Aaron Wealth Advisors LLC increased its stake in Williams-Sonoma by 4.8% in the 2nd quarter. Aaron Wealth Advisors LLC now owns 1,585 shares of the specialty retailer’s stock valued at $259,000 after buying an additional 72 shares during the last quarter. Private Wealth Asset Management LLC lifted its position in Williams-Sonoma by 4.0% during the 2nd quarter. Private Wealth Asset Management LLC now owns 1,965 shares of the specialty retailer’s stock worth $321,000 after buying an additional 75 shares in the last quarter. Finally, True Wealth Design LLC boosted its stake in shares of Williams-Sonoma by 111.8% during the 3rd quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock worth $28,000 after buying an additional 76 shares during the last quarter. Institutional investors and hedge funds own 99.29% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on WSM. Royal Bank Of Canada set a $206.00 target price on Williams-Sonoma and gave the company an “outperform” rating in a research report on Friday, November 21st. Citigroup reduced their price target on Williams-Sonoma from $202.00 to $188.00 and set a “neutral” rating for the company in a research report on Thursday, November 20th. Evercore ISI boosted their price target on Williams-Sonoma from $190.00 to $195.00 and gave the stock an “in-line” rating in a research report on Tuesday, December 23rd. Wells Fargo & Company upped their price objective on Williams-Sonoma from $190.00 to $205.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 11th. Finally, Telsey Advisory Group cut their price objective on Williams-Sonoma from $225.00 to $220.00 and set an “outperform” rating for the company in a report on Thursday, November 20th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Williams-Sonoma has an average rating of “Moderate Buy” and an average price target of $198.71.
Williams-Sonoma Stock Up 0.7%
WSM opened at $199.10 on Friday. Williams-Sonoma, Inc. has a 12-month low of $130.07 and a 12-month high of $219.98. The business has a 50 day moving average of $185.94 and a 200-day moving average of $188.24. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 3.10 and a beta of 1.58.
Williams-Sonoma (NYSE:WSM – Get Free Report) last posted its quarterly earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 earnings per share for the quarter, beating analysts’ consensus estimates of $1.87 by $0.09. Williams-Sonoma had a return on equity of 53.10% and a net margin of 14.30%.The business had revenue of $1.88 billion for the quarter, compared to analysts’ expectations of $1.86 billion. During the same quarter in the prior year, the business earned $1.96 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. As a group, analysts expect that Williams-Sonoma, Inc. will post 8.36 earnings per share for the current year.
Williams-Sonoma Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 16th will be issued a dividend of $0.66 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.64 annualized dividend and a dividend yield of 1.3%. Williams-Sonoma’s payout ratio is presently 29.04%.
Insider Buying and Selling
In other Williams-Sonoma news, CEO Laura Alber sold 17,839 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $178.51, for a total value of $3,184,439.89. Following the transaction, the chief executive officer directly owned 859,088 shares of the company’s stock, valued at $153,355,798.88. This represents a 2.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 1.10% of the company’s stock.
About Williams-Sonoma
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.
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