Williams-Sonoma, Inc. $WSM Shares Purchased by NEOS Investment Management LLC

NEOS Investment Management LLC lifted its holdings in Williams-Sonoma, Inc. (NYSE:WSM) by 39.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,398 shares of the specialty retailer’s stock after purchasing an additional 3,793 shares during the period. NEOS Investment Management LLC’s holdings in Williams-Sonoma were worth $2,619,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Gateway Investment Advisers LLC raised its stake in Williams-Sonoma by 37.9% during the third quarter. Gateway Investment Advisers LLC now owns 16,398 shares of the specialty retailer’s stock worth $3,205,000 after purchasing an additional 4,510 shares during the period. EFG Asset Management North America Corp. increased its holdings in shares of Williams-Sonoma by 51.5% during the 3rd quarter. EFG Asset Management North America Corp. now owns 14,593 shares of the specialty retailer’s stock worth $2,852,000 after buying an additional 4,961 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Williams-Sonoma by 30.2% during the 3rd quarter. Principal Financial Group Inc. now owns 997,414 shares of the specialty retailer’s stock worth $194,947,000 after buying an additional 231,489 shares during the last quarter. Soltis Investment Advisors LLC raised its position in shares of Williams-Sonoma by 54.9% during the 2nd quarter. Soltis Investment Advisors LLC now owns 24,245 shares of the specialty retailer’s stock valued at $3,961,000 after buying an additional 8,592 shares during the period. Finally, Ethic Inc. lifted its holdings in Williams-Sonoma by 153.7% in the second quarter. Ethic Inc. now owns 12,279 shares of the specialty retailer’s stock valued at $2,016,000 after acquiring an additional 7,439 shares during the last quarter. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Trading Down 1.5%

WSM stock opened at $210.85 on Friday. The business’s fifty day moving average price is $201.61 and its 200 day moving average price is $195.75. Williams-Sonoma, Inc. has a 12-month low of $130.07 and a 12-month high of $221.81. The company has a market capitalization of $25.17 billion, a PE ratio of 23.20, a P/E/G ratio of 3.20 and a beta of 1.64.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Wednesday, November 19th. The specialty retailer reported $1.96 earnings per share for the quarter, beating the consensus estimate of $1.87 by $0.09. The company had revenue of $1.88 billion during the quarter, compared to the consensus estimate of $1.86 billion. Williams-Sonoma had a return on equity of 53.10% and a net margin of 14.30%.Williams-Sonoma’s revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.96 EPS. Research analysts predict that Williams-Sonoma, Inc. will post 8.36 EPS for the current fiscal year.

Williams-Sonoma Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 20th. Investors of record on Friday, January 16th will be issued a $0.66 dividend. The ex-dividend date is Friday, January 16th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 1.3%. Williams-Sonoma’s payout ratio is 29.04%.

Insider Buying and Selling

In other Williams-Sonoma news, CEO Laura Alber sold 35,000 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $207.39, for a total value of $7,258,650.00. Following the completion of the transaction, the chief executive officer owned 806,537 shares in the company, valued at $167,267,708.43. The trade was a 4.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, EVP Karalyn Yearout sold 767 shares of the company’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $205.16, for a total value of $157,357.72. Following the sale, the executive vice president directly owned 13,236 shares in the company, valued at $2,715,497.76. This represents a 5.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 65,767 shares of company stock valued at $12,802,440 in the last 90 days. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on WSM shares. Royal Bank Of Canada set a $206.00 price objective on Williams-Sonoma and gave the stock an “outperform” rating in a research report on Friday, November 21st. TD Cowen reiterated a “buy” rating and set a $245.00 price target (up from $210.00) on shares of Williams-Sonoma in a report on Tuesday, January 20th. Evercore set a $215.00 price objective on Williams-Sonoma in a research report on Tuesday, February 10th. UBS Group set a $175.00 price objective on shares of Williams-Sonoma and gave the company a “neutral” rating in a report on Thursday, November 20th. Finally, Zelman & Associates raised shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 price target on the stock in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $202.11.

Williams-Sonoma Company 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.