Fideuram Asset Management Ireland dac Makes New Investment in Williams-Sonoma, Inc. $WSM

Fideuram Asset Management Ireland dac bought a new position in Williams-Sonoma, Inc. (NYSE:WSM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 2,786 shares of the specialty retailer’s stock, valued at approximately $553,000.

Other institutional investors have also recently made changes to their positions in the company. Atlantic Union Bankshares Corp increased its stake in shares of Williams-Sonoma by 51.5% during the fourth quarter. Atlantic Union Bankshares Corp now owns 147 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 50 shares during the period. Triumph Capital Management purchased a new position in shares of Williams-Sonoma during the third quarter valued at $37,000. Cary Street Partners Investment Advisory LLC increased 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 valued at $43,000 after buying an additional 88 shares during the period. Zions Bancorporation National Association UT increased its stake in shares of Williams-Sonoma by 760.0% during the third quarter. Zions Bancorporation National Association UT now owns 258 shares of the specialty retailer’s stock valued at $50,000 after buying an additional 228 shares during the period. Finally, Sentry Investment Management LLC increased its stake in shares of Williams-Sonoma by 25.1% during the third quarter. Sentry Investment Management LLC now owns 274 shares of the specialty retailer’s stock valued at $52,000 after buying an additional 55 shares during the period. Hedge funds and other institutional investors own 99.29% of the company’s stock.

Williams-Sonoma Price Performance

WSM opened at $203.89 on Friday. The business’s 50-day moving average is $185.98 and its two-hundred day moving average is $191.90. Williams-Sonoma, Inc. has a 1 year low of $152.20 and a 1 year high of $222.00. The firm has a market capitalization of $24.01 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 2.54 and a beta of 1.49.

Williams-Sonoma (NYSE:WSM) last posted its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.80 by $0.13. Williams-Sonoma had a return on equity of 53.29% and a net margin of 13.81%.The company had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter in the previous year, the firm earned $1.85 earnings per share. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. As a group, sell-side analysts expect that Williams-Sonoma, Inc. will post 9.31 EPS for the current year.

Williams-Sonoma Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Friday, April 17th were issued a $0.76 dividend. This is a boost from Williams-Sonoma’s previous quarterly dividend of $0.66. This represents a $3.04 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Friday, April 17th. Williams-Sonoma’s dividend payout ratio is 29.56%.

Wall Street Analyst Weigh In

WSM has been the topic of several research reports. Morgan Stanley set a $210.00 price target on Williams-Sonoma and gave the company an “equal weight” rating in a research note on Friday, May 22nd. UBS Group raised their price target on Williams-Sonoma from $175.00 to $185.00 and gave the company a “neutral” rating in a research note on Wednesday, March 11th. Citigroup cut their price target on Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Evercore set a $200.00 price target on Williams-Sonoma in a research note on Tuesday, April 14th. Finally, Robert W. Baird cut their price target on Williams-Sonoma from $235.00 to $225.00 and set an “outperform” rating on the stock in a research note on Thursday, March 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Williams-Sonoma has a consensus rating of “Moderate Buy” and a consensus target price of $209.06.

Insiders Place Their Bets

In other Williams-Sonoma news, CFO Jeffrey Howie sold 1,419 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $188.45, for a total value of $267,410.55. Following the completion of the sale, the chief financial officer owned 34,138 shares of the company’s stock, valued at approximately $6,433,306.10. This trade represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 2,267 shares of the firm’s stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $192.49, for a total value of $436,374.83. Following the completion of the sale, the executive vice president directly owned 23,351 shares of the company’s stock, valued at approximately $4,494,833.99. This represents a 8.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 106,370 shares of company stock valued at $19,720,823. 1.10% of the stock is currently owned by corporate insiders.

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.