50,818 Shares in Williams-Sonoma, Inc. $WSM Purchased by PDT Partners LLC

PDT Partners LLC acquired a new position in Williams-Sonoma, Inc. (NYSE:WSM) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 50,818 shares of the specialty retailer’s stock, valued at approximately $11,846,000.

A number of other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new position in shares of Williams-Sonoma during the 2nd quarter worth approximately $2,656,062,000. Aristotle Capital Management LLC raised its position 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 buying an additional 2,009,032 shares in the last quarter. State Street Corp raised its position in shares of Williams-Sonoma by 2.5% in the third quarter. State Street Corp now owns 6,139,477 shares of the specialty retailer’s stock valued at $1,199,961,000 after buying an additional 147,780 shares in the last quarter. First Trust Advisors LP raised its position in shares of Williams-Sonoma by 9.2% in the first quarter. First Trust Advisors LP now owns 2,664,580 shares of the specialty retailer’s stock valued at $485,833,000 after buying an additional 224,128 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Williams-Sonoma by 7.3% in the fourth 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 buying an additional 130,940 shares during the period. Institutional investors own 99.29% of the company’s stock.

Insider Activity

In other news, EVP Karalyn Yearout sold 1,112 shares of the business’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $228.49, for a total transaction of $254,080.88. Following the completion of the transaction, the executive vice president owned 21,717 shares of the company’s stock, valued at approximately $4,962,117.33. The trade was a 4.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 3,156 shares of company stock valued at $738,699. Company insiders own 1.10% of the company’s stock.

Williams-Sonoma Price Performance

Shares of NYSE:WSM opened at $234.74 on Wednesday. Williams-Sonoma, Inc. has a 1 year low of $165.51 and a 1 year high of $254.89. The stock has a market capitalization of $27.64 billion, a price-to-earnings ratio of 26.29, a price-to-earnings-growth ratio of 2.61 and a beta of 1.50. The company’s 50 day simple moving average is $232.78 and its 200 day simple moving average is $208.00.

Williams-Sonoma Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Bank of America reissued a “buy” rating and set a $261.00 price target (up from $250.00) on shares of Williams-Sonoma in a research report on Monday. Royal Bank Of Canada lifted their price objective on Williams-Sonoma from $192.00 to $260.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Barclays set a $190.00 target price on Williams-Sonoma and gave the stock an “equal weight” rating in a report on Friday, May 22nd. Credit Suisse Group set a $261.00 price target on Williams-Sonoma in a research report on Monday. Finally, Evercore set a $240.00 price target on Williams-Sonoma in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $234.11.

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.