Victory Capital Management Inc. Has $117.37 Million Stock Holdings in Williams-Sonoma, Inc. $WSM

Victory Capital Management Inc. boosted its position in Williams-Sonoma, Inc. (NYSE:WSM) by 307.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 600,526 shares of the specialty retailer’s stock after acquiring an additional 453,214 shares during the period. Victory Capital Management Inc.’s holdings in Williams-Sonoma were worth $117,373,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its position in Williams-Sonoma by 111.8% during the 3rd quarter. True Wealth Design LLC now owns 144 shares of the specialty retailer’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Vermillion & White Wealth Management Group LLC grew its position in shares of Williams-Sonoma by 130.8% during the 2nd quarter. Vermillion & White Wealth Management Group LLC now owns 180 shares of the specialty retailer’s stock worth $29,000 after buying an additional 102 shares during the period. Cary Street Partners Investment Advisory LLC raised its stake in shares of Williams-Sonoma by 66.7% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 220 shares of the specialty retailer’s stock worth $43,000 after buying an additional 88 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Williams-Sonoma by 57.2% in the third quarter. Parkside Financial Bank & Trust now owns 228 shares of the specialty retailer’s stock valued at $45,000 after buying an additional 83 shares during the period. Finally, Root Financial Partners LLC acquired a new position in Williams-Sonoma in the third quarter valued at approximately $48,000. 99.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have commented on WSM shares. Zelman & Associates raised shares of Williams-Sonoma from an “underperform” rating to a “neutral” rating and set a $205.00 target price for the company in a research note on Thursday, January 29th. UBS Group set a $175.00 price objective on Williams-Sonoma and gave the stock a “neutral” rating in a research note on Thursday, November 20th. Weiss Ratings upgraded Williams-Sonoma from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, February 18th. Royal Bank Of Canada set a $206.00 price objective on Williams-Sonoma and gave the company an “outperform” rating in a report on Friday, November 21st. Finally, Wells Fargo & Company upped their target price on Williams-Sonoma from $190.00 to $205.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Williams-Sonoma has a consensus rating of “Moderate Buy” and an average price target of $202.11.

Insider Buying and Selling at Williams-Sonoma

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

Williams-Sonoma Stock Performance

Shares of WSM opened at $196.24 on Thursday. The firm has a market cap of $23.43 billion, a P/E ratio of 21.59, a price-to-earnings-growth ratio of 2.99 and a beta of 1.64. Williams-Sonoma, Inc. has a 52 week low of $130.07 and a 52 week high of $222.00. The firm’s 50-day simple moving average is $204.75 and its 200 day simple moving average is $195.85.

Williams-Sonoma Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Friday, January 16th were issued a dividend of $0.66 per share. This represents a $2.64 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, January 16th. Williams-Sonoma’s dividend payout ratio (DPR) is presently 29.04%.

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.