Talon Private Wealth LLC Makes New $557,000 Investment in Williams-Sonoma, Inc. $WSM

Talon Private Wealth LLC bought a new stake in shares of Williams-Sonoma, Inc. (NYSE:WSM) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,054 shares of the specialty retailer’s stock, valued at approximately $557,000.

Several other hedge funds have also made changes to their positions in the company. Aristotle Capital Management LLC raised its holdings in shares of Williams-Sonoma by 22.0% in the first quarter. Aristotle Capital Management LLC now owns 11,140,471 shares of the specialty retailer’s stock valued at $2,031,242,000 after acquiring an additional 2,009,032 shares in the last quarter. State Street Corp grew its holdings in Williams-Sonoma by 2.5% during the 3rd quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock worth $1,199,961,000 after acquiring an additional 147,780 shares in the last quarter. First Trust Advisors LP increased its position in Williams-Sonoma by 9.2% during the 1st quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock valued at $485,833,000 after purchasing an additional 224,128 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Williams-Sonoma by 7.3% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,919,466 shares of the specialty retailer’s stock valued at $342,797,000 after purchasing an additional 130,940 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of Williams-Sonoma in the 4th quarter worth approximately $316,920,000. 99.29% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently issued reports on WSM. Citigroup cut their price objective on shares of Williams-Sonoma from $208.00 to $200.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. KeyCorp increased their target price on Williams-Sonoma from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Wells Fargo & Company set a $190.00 price target on Williams-Sonoma and gave the company an “equal weight” rating in a report on Friday, May 22nd. Piper Sandler assumed coverage on Williams-Sonoma in a research report on Monday. They issued an “overweight” rating and a $253.00 price target for the company. Finally, Evercore set a $200.00 target price on Williams-Sonoma in a research note on Tuesday, April 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $215.47.

Williams-Sonoma Stock Performance

Shares of NYSE WSM opened at $233.92 on Thursday. Williams-Sonoma, Inc. has a fifty-two week low of $165.51 and a fifty-two week high of $244.65. The company has a market cap of $27.54 billion, a PE ratio of 26.19, a P/E/G ratio of 2.59 and a beta of 1.49. The business has a 50-day simple moving average of $219.46 and a two-hundred day simple moving average of $203.54.

Williams-Sonoma (NYSE:WSM) last released its earnings results on Thursday, May 21st. The specialty retailer reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.80 by $0.13. Williams-Sonoma had a net margin of 13.81% and a return on equity of 53.29%. The company had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.80 billion. During the same period last year, the business earned $1.85 EPS. Williams-Sonoma’s revenue for the quarter was up 4.4% on a year-over-year basis. On average, sell-side analysts predict that Williams-Sonoma, Inc. will post 9.38 earnings per share for the current fiscal year.

Williams-Sonoma Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, July 17th will be paid a $0.76 dividend. The ex-dividend date is Friday, July 17th. This represents a $3.04 dividend on an annualized basis and a yield of 1.3%. Williams-Sonoma’s dividend payout ratio (DPR) is 34.04%.

Insiders Place Their Bets

In other news, CEO Laura Alber sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $172.61, for a total value of $3,452,200.00. Following the completion of the transaction, the chief executive officer directly owned 938,524 shares in the company, valued at $161,998,627.64. This trade represents a 2.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Karalyn Yearout sold 1,112 shares of Williams-Sonoma stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $228.49, for a total value of $254,080.88. Following the sale, the executive vice president directly owned 21,717 shares of the company’s stock, valued at $4,962,117.33. This trade represents a 4.87% 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. Insiders sold a total of 36,634 shares of company stock valued at $6,812,283 in the last 90 days. 1.10% of the stock is currently owned by company 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.